The Ministry of Finance, Ghana, has ranked the Ghana National Petroleum Corporation (GNPC) among the most compliant public institutions in its 2026 Public Financial Management (PFM) Compliance League Table, published on 19 March 2026. The assessment evaluates the extent to which public institutions adhere to established regulations governing the prudent use of public funds. In...
Category: News
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ZEN Petroleum to list on GSE after securing fully subscribed IPO
ZEN Petroleum Holdings PLC has unveiled plans to raise GH¢640 million through an initial public offering, marking one of the largest listings by an indigenous downstream petroleum company on the Ghana Stock Exchange in recent years. The IPO, which opened on March 25, 2026, and is scheduled to close on March 31, offers 128 million...
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GOIL MD backs fuel price competition, says consumers benefit
The Group Chief Executive Officer and Managing Director of Ghana Oil Company Limited (GOIL), Edward Bawa, has described the ongoing fuel price competition with Star Oil as beneficial to both consumers and players within the petroleum industry.According to Mr. Bawa, the competitive pricing environment is driving efficiency among oil marketing companies while ensuring that consumers...
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Ghana’s Power Sector Faces Higher Risk as Demand Outpaces Infrastructure
he Ghana power sector risk is rising sharply as increasing electricity demand continues to outpace investments in critical transmission infrastructure, raising concerns about potential supply shortfalls. This warning comes from the Institute for Energy Security, which says the country’s power system is edging into what it describes as a “higher-risk zone.”According to the analysis, growing...
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Joshua Narh: Ignoring Africa’s Oil Wealth Is Strategic Negligence-Joshua Narh
The conversation around Africa’s hydrocarbon development has taken a sharper turn following renewed volatility in global oil markets triggered by geopolitical tensions in the Middle East. Executive Chairman of the Energy Chamber of Ghana and Director at Wingfield Group, Joshua Batsa Narh, has warned that Africa risks undermining its own development if it continues to...
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Jubilee and TEN Partners Strengthen Engagement with Western Region Stakeholders
The Ghana National Petroleum Corporation (GNPC), in collaboration with its Jubilee and TEN partners, has deepened stakeholder engagement in the Western Region through a pivotal dialogue with traditional authorities and key community representatives. The engagement, held in Takoradi, formed part of ongoing efforts to promote transparency, strengthen collaboration, and address issues relating to offshore operations,...
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Rising energy costs: Why solar power is no longer optional
Nigeria is once again experiencing the harsh realities of global energy shocks. As tensions surrounding the Iran war escalate and global oil markets react to uncertainty in the Middle East, energy prices have surged worldwide. For Nigerians already struggling with unreliable electricity supply, the consequences are immediate and painful. The rising cost of petrol and...
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Energy Minister Assures Parliament of Progress on Ghana’s Nuclear Power Programme
The Minister for Energy and Green Transition, Dr John Abdulai Jinapor, has assured Parliament that Ghana is making steady progress toward establishing a nuclear power plant as part of efforts to strengthen long-term energy security.The Minister gave the update when he appeared before the Government Assurances Committee of Parliament on Tuesday, March 24, 2026, to...
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EV charging stations must get Energy Commission approval – Jinapor
The Minister for Energy and Green Transition, John Jinapor, has outlined regulatory measures to manage the growing impact of electric vehicles (EVs) on Ghana’s power grid, following the Public Utilities Regulatory Commission’s (PURC) approval of a dedicated electricity tariff for public EV charging. The approved tariff of GH¢2.016 per kilowatt-hour, effective April 1, marks a...
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Jinapor Calls for Stable Policies to Boost Energy Investment at Powering Africa Summit
The Minister of Energy and Green Transition, John Abdulai Jinapor, has underscored the need for stable policy frameworks and improved risk management to enhance investor confidence in Africa’s energy sector. Speaking as a panelist at the Powering Africa Summit 2026, Dr. Jinapor highlighted the critical role governments must play in addressing investment risks and creating...