The National Petroleum Authority (NPA) has proposed three dedicated funds under a new downstream petroleum Bill currently before Parliament, targeting petroleum distribution, infrastructure development and LPG promotion. The proposed Distribution Fund, Infrastructure Fund and LPG Promotion Fund are intended to provide dedicated financing for activities considered critical to Ghana’s downstream petroleum security and energy transition....
Category: News
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Tinubu Hails $800m Ima Gas FID, Says Project Unlocks 50-Year-Old Resource ABUJA
President Bola Ahmed Tinubu has welcomed the $800 million Final Investment Decision (FID) on the Ima Gas Project, describing it as a major step towards unlocking Nigeria’s vast gas resources for investment, industrialisation, job creation and economic growth. The project, developed by Nigerian independent energy company AMNI International in partnership with TotalEnergies, is expected to...
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Rwanda Hosts IAEA Regional Training on Stakeholder Engagement in Nuclear Power Programmes
Rwanda is hosting a regional training organized by the International Atomic Energy Agency (IAEA) on stakeholder engagement in nuclear power programmes from 21 to 25 September 2026. The training brings together experts and participants from across Africa to strengthen practical approaches to stakeholder engagement, public participation and trust-building throughout the development of nuclear power programmes.
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UMaT Appreciates Dr. Edwin A. Provencal for Supporting Next Generation of Engineers
The University of Mines and Technology (UMaT) has recognised the contribution of Dr. Edwin A. Provencal to engineering education through the BOST–UMaT Engineering Scholarship Initiative, established during his tenure as Managing Director of the Bulk Oil Storage and Transportation Company Limited (BOST). The initiative provided scholarship opportunities for 50 academically promising but financially needy students...
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Middle East Tensions Put Fresh Pressure on Ghana’s Fuel Bill
hana could face another round of pressure on petroleum prices as renewed attacks around Saudi Arabia add to an already tight global oil market, with Brent crude trading above US$104 a barrel. The latest escalation matters for Ghana less because it threatens an immediate shortage of fuel and more because it could raise the cost...
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Sentuo Output to Strengthen Ghana’s Domestic Fuel Supply
Ghana’s domestic fuel supply could receive some relief from continued production at Sentuo Oil Refinery, with the National Petroleum Authority (NPA) expressing confidence that the refinery will maintain output through the end of the year. The assurance comes as Ghana continues to rely heavily on imported refined petroleum products, leaving the downstream market exposed to...
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Total Energies Secures $1.8bn African Infrastructure Deal.
Total Energies is set to raise $1.8 billion from Global Infrastructure Partners (GIP), part of BlackRock, through an agreement that allows the French energy company to unlock capital from some of its oil and gas infrastructure interests across Africa. The transaction, announced on Friday, September 18, will provide TotalEnergies with the upfront capital in exchange...
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Ghana Seeks Bigger Role in West Africa’s Power Market
Ghana is looking to deepen its position in West Africa’s electricity market by turning cross-border power trade into a more deliberate part of its energy-security strategy. A proposed arrangement with Nigeria, under which Nigerian gas could support electricity generation in Ghana while Ghana supplies power back to Nigeria, offers a glimpse of that ambition. But...
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GNPC Deepens Dagbon Engagement as Voltaian Basin Project Moves Towards First Exploratory Well
The Ghana National Petroleum Corporation (GNPC) has deepened engagement with traditional authorities in Dagbon as its Voltaian Basin exploration project moves to drill its first exploratory well. GNPC and its upstream exploration subsidiary, GNPC Explorco, briefed the Regent Overlord of Dagbon, Kampakuya-Naa Yakubu Abukari II, at the Gbewaa Palace in Yendi on progress made in...
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Diesel could hit GH¢28 without government support – NPA CEO
The price of diesel at fuel stations could have risen to about GH¢28 per litre if government had not stepped in to absorb part of the sharp increase in international petroleum prices, the Chief Executive Officer of the National Petroleum Authority (NPA), Godwin Edudzi Tameklo, has said. He explained that the cost of diesel on...