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Government Reaffirms 1,200MW State-Owned Power Plant to Cut Energy Costs

Government Reaffirms 1,200MW State-Owned Power Plant to Cut Energy Costs

Government has reaffirmed its commitment to construct a 1,200MW state-owned power plant as part of Ghana’s renewed Gas-to-Power transformation policy aimed at stabilizing the energy sector and conserving foreign exchange.Finance Minister Cassiel Ato Forson made the announcement in the Parliament of Ghana, stressing that the large-scale power project remains central to government’s strategy to reposition...

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The Electricity Company of Ghana (ECG) has commenced a major ECG infrastructure upgrade in Adenta aimed at improving power supply quality and reliability for residents and businesses in the Greater Accra Region.

The Electricity Company of Ghana (ECG) has commenced a major ECG infrastructure upgrade in Adenta aimed at improving power supply quality and reliability for residents and businesses in the Greater Accra Region.

The project, which is already underway, seeks to address persistent erratic supply in the enclave caused by rising electricity demand that has stretched existing infrastructure beyond its capacity. During a media inspection tour of the project site, Acting General Manager of Accra Subtransmission, Ing. Emmanuel Addo, explained that the initiative is designed to significantly enhance...

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CSOs push for fast-tracking of Atuabo Gas Phase II Project

CSOs push for fast-tracking of Atuabo Gas Phase II Project

Civil society organisations (CSOs) in Ghana’s energy sector are urging government to expedite the construction of a second Gas Processing Plant at Atuabo, warning that swift action is crucial to sustaining power generation and strengthening the country’s energy security. The call follows a familiarisation tour of the existing Atuabo Gas Processing Plant in the Western...

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We are now consuming more power than projected – PURC BossSource: Myjoyonline.com

We are now consuming more power than projected – PURC BossSource: Myjoyonline.com

The Executive Secretary of the Public Utilities Regulatory Commission (PURC), Dr Shaffic Suleman, says Ghana’s electricity demand is rising far beyond official projections, driven by economic stability and growing consumer confidence.Speaking on Joy News’ PM Express on Wednesday, he revealed that consumption growth has overtaken the expected annual targets. “We are now consuming more power...

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Pump prices set to rise again with petrol up 3.59%, diesel 1.52% in March window

Pump prices set to rise again with petrol up 3.59%, diesel 1.52% in March window

Consumers should brace for higher fuel costs in the first pricing window of March 2026, as petroleum prices are expected to increase marginally at the pumps. According to the Chamber of Petroleum Consumers (COPEC), “Petroleum prices beginning the 1st window of March 2026, are expected to see some marginal increments across the pumps.” COPEC projects...

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Nigeria To Begin Exporting New Light Crude Grade Cawthorne From March, Boosting National Oil Output

Nigeria To Begin Exporting New Light Crude Grade Cawthorne From March, Boosting National Oil Output

Nigeria is set to start exporting a new light, sweet crude grade named Cawthorne in March, the Nigerian National Petroleum Corporation (NNPC) announced, marking a strategic step to increase theCorporation (NNPC) announced, marking a strategic step to increase the country’s crude production and strengthen its position in the global oil market. The move comes amid...

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GHEITI urges gov’t to reconsider Ghana Gas aggregator  role

GHEITI urges gov’t to reconsider Ghana Gas aggregator role

By Kizito CUDJOE The Ghana Extractive Industries Transparency Initiative (GHEITI) has urged government to review its decision appointing the Ghana National Gas Company (Ghana Gas) as national gas aggregator, warning that stalled institutional reforms and legal gaps are undermining clarity in the country’s gas governance framework.In its latest report, GHEITI noted that although Cabinet approved...

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PHDC to Hold Strategic Engagement With Leading CSO’s on March 4

PHDC to Hold Strategic Engagement With Leading CSO’s on March 4

The Petroleum Hub Development Corporation (PHDC) is set to hold a strategic engagement with key Civil Society Organisations (CSOs) in the country on March 4, 2026. This engagement forms part of the Corporation’s broader stakeholder engagement strategy and aims to strengthen relationships with CSOs, who are regarded as vital stakeholders in the development of the...

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Energy Ministry orders probe into rapid depletion of ECG prepaid credit

Energy Ministry orders probe into rapid depletion of ECG prepaid credit

The Ministry of Energy and Green Transition has directed the Electricity Company of Ghana (ECG) to investigate widespread complaints from consumers about prepaid electricity credit running out unusually. In a post on X, the Ministry’s Spokesperson, Richmond Rockson, said the Ministry has taken note of the concerns being raised by customers across the country.According to...

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Tullow Oil to Acquire TEN FPSO in $205 Million Deal to Cut Costs and Boost Offshore Ghana Field Economics

Tullow Oil to Acquire TEN FPSO in $205 Million Deal to Cut Costs and Boost Offshore Ghana Field Economics

Tullow Oil acquires TEN FPSO in a $205 million transaction aimed at reducing operational costs and strengthening long-term field economics offshore Ghana.The London-listed independent energy company has signed a Sale and Purchase Agreement to acquire the floating production, storage and offloading vessel, FPSO Prof. John Evans Atta Mills, which serves the TEN fields on the...