Nigeria’s petrol market has entered another period of uncertainty. This time, the problem is not simply whether the country has enough refining capacity.The deeper issue is that Nigeria may now refine more fuel locally, yet the price Nigerians pay remains tied to the dollar.Some petroleum marketers have suspended fresh petrol purchases after depot prices in...
Category: News
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GHIPCON 2026 Moderator Calls for Institutional Readiness to Bridge Africa’s Downstream Investment Gap
The Founder and Chairman of Wingfield Group has underscored the need for stronger institutions, improved governance, and bankable projects to attract investment into Africa’s downstream petroleum sector, arguing that the continent’s biggest challenge is not access to capital but readiness to deploy it effectively. Sharing his reflections after moderating a panel discussion at the Ghana...
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NPA Chief Executive lauds 2026 Ghana Downstream Awardees for driving the Industry
The Chief Executive of the National Petroleum Authority (NPA), Mr. Godwin Kudzo Tameklo Esq., has commended the nominees and winners of the 2026 Ghana Downstream Awards for their contribution to the growth and sustainability of the country’s downstream petroleum industry.Speaking at the second edition of the Ghana Downstream Awards and Gala Night on Saturday, Mr....
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Reliable power critical to Ghana’s 24-Hour Economy – VRA Chief Executive
The Chief Executive of the Volta River Authority (VRA), Edward E. Obeng-Kenzo, has underscored the critical role of reliable, affordable and sustainable electricity in the successful implementation of Ghana’s 24-Hour Economy.He stressed that the country’s industrial transformation agenda cannot be realised without uninterrupted power supply.He said the Government’s 24-Hour Economy and Accelerated Export Development Programme...
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GNPC and Niger’s SONIDEP Strengthen Partnership to Advance Africa’s Energy Ambitions
SPINTEX, GHANA – The Ghana National Petroleum Corporation (GNPC) welcomed a high-level delegation from Niger’s national oil company, SONIDEP, in a working visit that underlines the deepening ties between the two West African national oil companies. Led by Director General Mr. M. Ali Seibou Hassane, the five-member delegation toured GNPC’s Research and Technology Center as...
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GhIPCon 2026: CBOD CEO Calls for Policy Stability, Innovation and Investment to Build Resilient Downstream Petroleum Sector
The Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors (CBOD), Dr. Patrick Kwaku Ofori, has called for stronger policy consistency, technological innovation and sustained investment to build a resilient downstream petroleum sector capable of driving Ghana’s economic transformation.Speaking at the opening of the 7th Ghana International Petroleum Conference (GhIPCon 2026), held under...
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Energy Minister Reaffirms Government’s Commitment to Expanding Local Refining at GhIPCon 2026
The Minister for Energy and Green andTransition, Dr. John Abdulai Jinapor, has reaffirmed the government’s commitment to strengthening Ghana’s downstream petroleum sector through expanded local refining, strategic investments and closer collaboration with industry stakeholders. Speaking at the opening of the Ghana International Petroleum Conference (GhIPCon) 2026, where he delivered the keynote address, Dr. Jinapor said...
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Energy Minister Inspects Kumasi–Anwomaso Transmission Upgrade, Appeals for Public Patience
The Minister for Energy and Green Transition, Dr. John Abdulai Jinapor, has inspected the progress of the Kumasi–Anwomaso Transmission Line Upgrade (K1–K2 Project) in the Ashanti Region, describing the initiative as a major investment aimed at strengthening electricity supply in Kumasi and across the wider Ashanti Region. The project involves replacing the existing 19-kilometre single-circuit...
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TOR Receives One Million Barrels of Jubilee Crude, Commends President Mahama for Supporting Refinery Revival
The Tema Oil Refinery (TOR) has received one million barrels of Ghana’s indigenous Jubilee Medium Sweet Crude, describing the development as another major milestone in the ongoing revitalisation of the country’s only state-owned refinery. The crude cargo, delivered aboard the MT Apache on July 15, 2026, fulfils President John Dramani Mahama’s commitment to ensuring that...
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Ghana to Exceed Daily petroleum Consumption Under New Refinery Drive – Joshua Narh Explains
Mr. Joshua Narh, the Executive Chairman of the Energy Chamber Ghana, has indicated that the country is on the verge of a major structural shift in its downstream petroleum sector as a new refinery drive promises to push domestic production capacities past daily national consumption levels. This landmark projection hinges on the successful scale-up of...