The Ghana National Petroleum Corporation (GNPC) is hosting a three-member delegation from the Eswatini National Petroleum Company (ENPC) on a study visit aimed at learning from Ghana’s petroleum-sector experience and exploring opportunities for collaboration between the two national oil companies. The delegation, led by ENPC Board Member Dumezweni Dlamini, held discussions with GNPC Management, headed...
Category: News
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NJ Ayuk on AEW’s Six-Year Journey Powering Africa’s Energy Revolution
NJ Ayuk believes Africa is entering a new energy era in which investment, execution and stronger commercial partnerships must match the continent’s enormous resource potential. As African Energy Week enters its sixth edition, African Energy Chamber Executive Chairman NJ Ayuk reflects on the journey, the partnerships, the investment opportunities and the determination to turn Africa’s...
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Shettima Commissions New Northwest Petroleum Headquarters as Nigeria Seeks Greater Indigenous Energy Investment
Shettima Commissions New Northwest Petroleum Headquarters as Nigeria Seeks Greater Indigenous Energy Investment LAGOS, Nigeria — Nigeria’s Vice President Kashim Shettima has commissioned the new corporate headquarters of Northwest Petroleum & Gas Company Limited in Lagos, highlighting the company’s investment as a sign of growing indigenous participation in the country’s oil and gas industry. Shettima commissioned the ultra-modern facility in Victoria Island on Friday, saying the new headquarters reflects Northwest Petroleum’s ambitions to strengthen its operations and remain competitive in an evolving global energy market. The Vice President said the facility would provide a modern platform for collaboration among the company’s employees, business partners and other stakeholders, while supporting the company’s long-term growth. He described the headquarters as an important expansion for Northwest Petroleum, an indigenous operator in Nigeria’s downstream petroleum sector, saying the investment sends a message to investors and clients about the company’s commitment to its operations in Nigeria. According to Shettima, the development also demonstrates the role that indigenous companies can play in expanding private-sector capacity within Nigeria’s energy industry. The commissioning comes as Nigeria continues to seek greater investment and stronger domestic participation across its oil and gas value chain, amid efforts to position the sector for a changing global energy landscape. The new headquarters is expected to serve as the company’s corporate base as Northwest Petroleum continues to develop its business and engage with stakeholders across Nigeria’s petroleum and gas industry.
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NOCAL, LADOL SIGN DEAL TO DEVELOP BUCHANAN OIL AND GAS SHOREBASE
NOCAL, LADOL SIGN DEAL TO DEVELOP BUCHANAN OIL AND GAS SHOREBASE Monrovia -Liberia, October 4, 2026. The National Oil Company of Liberia, NOCAL, has signed an agreement with Nigeria’s Lagos Deep Offshore Logistics Base, LADOL, to develop a major oil and gas logistics facility in Buchanan, Grand Bassa County. The agreement is aimed at keeping...
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Ghana’s Refining Bet Faces A Test Beyond TOR
Ghana’s renewed push to expand domestic petroleum refining is increasingly becoming a question of how the country manages risk across its entire downstream system, rather than simply how much refining capacity it can build. The reopening of the Tema Oil Refinery (TOR), plans to expand its capacity, rising output from private refining facilities and efforts...
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COMAC wants fuel taxes frozen to ease pressure on consumers
The Chamber of Oil Marketing Companies (COMAC) is calling for a freeze on fuel taxes and levies as government continues to subsidise diesel amid rising global oil prices. Chief Executive Officer of COMAC, Dr Riverson Oppong, says reducing the tax burden could provide a more sustainable way of cushioning consumers from rising fuel prices. He...
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Guyana’s oil reserves drop below 11B barrels – Exxon says as company continues to spend on exploration, appraisal
(Kaieteur News) – Guyana’s oil reserves have dropped below the 11 billion barrel estimate, ExxonMobil Guyana Limited (EMGL) reported this week. The company in a productiodn report highlighted the unprecedented development in Guyana, moving from a “world-class” discovery just over a decade ago, to first oil only five years later which has evolved into one...
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𝐂𝐎𝐌𝐀𝐂 𝐒𝐓𝐑𝐄𝐍𝐆𝐓𝐇𝐄𝐍𝐒 𝐂𝐎𝐋𝐋𝐀𝐁𝐎𝐑𝐀𝐓𝐈𝐎𝐍 𝐖𝐈𝐓𝐇 𝐂𝐈𝐕𝐈𝐋 𝐒𝐎𝐂𝐈𝐄𝐓𝐘 𝐎𝐑𝐆𝐀𝐍𝐈𝐒𝐀𝐓𝐈𝐎𝐍𝐒 (𝐂𝐒𝐎𝐬)
The Chamber of Oil Marketing Companies (COMAC) recently convened a strategic engagement with Civil Society Organizations (CSOs) at its Secretariat to discuss issues of mutual interest and explore opportunities for deeper collaboration within Ghana’s downstream petroleum sector. The engagement provided a platform for open dialogue on key sectoral challenges and opportunities, with participants sharing perspectives...
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COMAC Engages Desert Oil Limited to Strengthen Industry Collaboration
The Chamber of Oil Marketing Companies (COMAC) has continued its membership engagement initiative with a working visit to Desert Oil Limited at the company’s office in Achimota, Accra. The engagement brought together a COMAC delegation comprising Mohammed (Mo) Issah, Susana Eyiah, Akua Boateng and Golda Anyama Frimpong-Tenkorang, alongside the management team of Desert Oil Limited,...
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COMAC Trains Journalists on Petroleum Pricing, Downstream Operations
The Chamber of Oil Marketing Companies (COMAC), has organised a training programme for journalists to deepen their understanding of Ghana’s petroleum downstream industry. The one-day programme brought together energy reporters, newscasters and editors and focused on key issues including petroleum pricing, the regulatory framework and operations of the downstream petroleum sector. The training also examined...