The Chief Executive Officer of the Petroleum Hub Development Corporation (PHDC), Dr Tony Aubynn, has called for a bold and forward-looking economic partnership between Ghana and its diaspora community. He delivered this message at the Diaspora Reset Engagement Conference (DREC 2025), held in Birmingham, United Kingdom, where he urged Ghanaians abroad to seize emerging opportunities...
Category: Energy
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EnergyCrossroad.com shortlisted for Best Energy Reporter at 2025 Ghana Energy Awards
The Ghana Energy Awards (GEA) Secretariat is pleased to announce the shortlisted nominees for the 2025 edition of the prestigious awards scheme. This year’s nomination window, which ran from 9th September to 31st October 2025, received an impressive 500+ submissions, including a remarkable number of first-time entrants, reflecting the growing national interest in celebrating excellence...
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COPEC Urges Government to Create Special Petroleum Fund to Stabilise Fuel Prices
The Chamber of Petroleum Consumers (COPEC) is urging the government to establish a Special Petroleum Fund aimed at cushioning consumers against future fuel price volatility. According to the chamber, the fund would enable the country to strategically import and store petroleum products when global prices dip, and release them onto the market whenever prices surge....
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Govt to overhaul NPA Act as energy transition accelerates
Government says it is undertaking comprehensive regulatory reviews in the downstream petroleum sector, including moves to introduce a new National Petroleum Authority (NPA) Act to align the industry with current market realities. Energy and Green Transition Minister John Jinapor explains that the reforms are essential as global energy systems shift toward renewables, noting that an...
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Energy Commission strengthens collaboration with renewable energy stakeholders
Chaired by the Board Chairman, Prof. John Gartchie Gatsi, the session focused on strengthening collaboration, improving compliance, and addressing key industry concerns. Prof. Gatsi emphasized the importance of timely license renewals, proper labeling of imported equipment, and adherence to the Hazardous and Electronic Waste Control and Management Act, 2016 (Act 917).We will continue to organize...
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Cash Waterfall Mechanism boosts ECG revenue by almost 90% – Finance Minister
The Minister of Finance has disclosed that the monthly revenue collection at the nation’s power distributor, the Electricity Company of Ghana (ECG), has increased by about 90% in the first year of the John Dramani Mahama administration. Speaking on the floor of Parliament on Thursday, November 13, 2025, during the presentation of the 2026 Budget...
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GNPC to begin Voltain Basin drilling in October 2026 – Minister of Finance
The Minister of Finance, Dr Cassiel Ato Forson, has announced that the government is positioning the Ghana National Petroleum Corporation (GNPC) at the centre of a major national effort to revive the country’s declining oil production. According to him, GNPC will commence drilling for oil in the offshore Voltain Basin in October 2026, a move...
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Energy and Green Transition Minister Tours GNPC, Reaffirms Support for Sector Growth
The Minister for Energy and Green Transition, John Abdulai Jinapor, has paid a working visit to the Ghana National Petroleum Corporation (GNPC) as part of his ongoing familiarisation tour of agencies under the ministry. During the visit, the Minister met with the Executive Committee and later addressed staff, where he reiterated government’s commitment to strengthening...
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Solewant Group Showcases Nigeria’s Industrial Capabilities at NUPRC Investment Forum in London
Solewant Group, one of Nigeria’s leading industrial engineering and pipeline coating companies, has reaffirmed its commitment to advancing local content and energy infrastructure development in Africa, following its participation in the NUPRC Project 1MMBOPD Investment Forum held at The Dorchester Hotel in London.The event, organized by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), brought together...
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Ghana Avoids Return to Dumsor After $252m Deal With IPPs – Finance Minister
Finance Minister Dr. Cassiel Ato Forson has revealed that Ghana narrowly avoided a relapse into nationwide power outages after government secured a renegotiated agreement with Independent Power Producers (IPPs), resulting in savings of $252 millionSpeaking on Joy News’ PM Express shortly after presenting the 2026 Budget, Dr. Forson said the administration inherited a tense standoff...