Genser Energy has bought back the entire stake held by Oppenheimer Partners, completing the investment firm’s exit after five years and marking a new chapter in the Ghanaian energy company’s regional expansion strategy. The privately owned energy infrastructure company has announced that it has redeemed the full shareholding previously held by OP Energy Holdings Limited,...
Category: News
Post
Post
GH¢2 diesel subsidy will cushion consumers amid global fuel market volatility – COMAC
Chief Executive of the Chamber of Oil Marketing Companies (COMAC), Dr Riverson Oppong, has welcomed the government’s GH¢2 per litre diesel subsidy. He described it as a timely intervention to cushion consumers and operators as volatility in the global oil market continues to drive uncertainty in fuel prices. Speaking on Joy FM’s Top Story on...
Post
TOR Boss Hails Mahama, Jinapor for Leading Refinery’s Revival
The Managing Director of the Tema Oil Refinery (TOR), Edmund Kombat, has expressed profound gratitude to President John Dramani Mahama and the Minister of Energy and Green Transition, Dr. John Abdulai Jinapor, for their leadership and support towards the restoration of the state-owned refinery. Mr. Kombat said TOR remained indebted to President Mahama and Dr....
Post
GNPC, OCTP Partners Deepen Coastal Community Engagement Ahead of New Drilling Campaign
As preparations advance for the next phase of drilling in the Offshore Cape Three Points (OCTP) Block, the Ghana National Petroleum Corporation (GNPC) and its partners have reaffirmed their commitment to sustained dialogue with coastal communities to support safe, responsible, and uninterrupted petroleum operations. Working alongside operator Eni Ghana, GNPC participated in a series of...
Post
Jinapor Leads TOR Revival Drive, Unveils Plan to Expand Refinery to 100,000bpd
Minister for Energy and Green Transition, Dr John Abdulai Jinapor, has reaffirmed government’s commitment to restoring the Tema Oil Refinery (TOR) as a strategic pillar of Ghana’s energy security and industrial transformation. Dr Jinapor joined President John Dramani Mahama and other stakeholders on Saturday for the official commissioning of the refurbished Crude Distillation Unit (CDU)...
Post
Government Reaffirms Commitment to Financially Strong, Customer-Focused ECG
The government has reaffirmed its commitment to transforming the Electricity Company of Ghana (ECG) into a financially sustainable, efficient and customer-focused electricity distribution company. Deputy Minister of Energy and Green Transition, Richard Gyan-Mensah, made the commitment on behalf of the sector Minister, Dr John Abdulai Jinapor, when he addressed the 28th Annual General Meeting of...
Post
Ghana Gas Records 97% Rise in Net Profit as Jinapor Urges Focus on Energy Security
The Minister for Energy and Green Transition, Dr John Abdulai Jinapor, has commended Ghana National Gas Company Limited (Ghana Gas) for its strong financial and operational performance in 2025, urging the company to sustain its focus on reliability, infrastructure expansion and long-term growth. Dr Jinapor made the remarks when he addressed the 8th Annual General...
Post
Mahama Commissions Refurbished TOR Crude Distillation Unit, Commends Management for Turnaround
President John Dramani Mahama has commissioned the refurbished Crude Distillation Unit (CDU) of the Tema Oil Refinery (TOR), describing the development as a major milestone in Ghana’s efforts to revive the state-owned refinery and strengthen domestic petroleum processing. The commissioning coincided with the official receipt of Ghana’s first one-million-barrel cargo of indigenous Jubilee Medium Sweet...
Post
BOST energies Outlines Strategy to Mitigate Impact of Fuel Price Volatility
Rising fuel prices continue to place significant pressure on households, transport operators, businesses, and the broader Ghanaian economy. Although BOSTenergies does not determine retail fuel prices under Ghana’s deregulated petroleum pricing regime, the state-owned bulk oil storage and distribution company says it is implementing measures to help mitigate the impact of global market volatility on...
Post
Nigeria waives import duty, VAT on fully CNG, electric vehicles
The Nigerian government has exempted fully compressed natural gas (CNG), liquefied petroleum gas (LPG) and electric vehicles from import duty and Value Added Tax (VAT) to incentivize the shift to cleaner transport and reduce the country’s dependence on petrol.The Nigeria Customs Service (NCS) announced this on Thursday in a press statement under the Presidential Gas...