Global oil prices climbed toward the $ 100-per-barrel mark on Thursday as renewed fighting between the United States and Iran heightened fears of prolonged supply disruptions across the Middle East, sending energy markets sharply higher.Checks by Nairametrics on July 23 showed that Brent crude was trading at $98.47 per barrel, representing a 4.68% increase, while...
Category: News
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Ghana Turns to Huawei Technology to Accelerate Energy Sector Modernisation
Ghana is stepping up efforts to modernise its energy sector through strategic engagement with global technology leaders, as the Minister for Energy and Green Transition, Dr. John Abdulai Jinapor, held high-level discussions with Chinese technology giant Huawei on potential areas of collaboration to support the country’s evolving power infrastructure. The meeting, held during the Minister’s...
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Brent Breaks $96 as U.S. Strikes Iran for 12th Consecutive Night
The latest oil price rally showed no sign of stopping in early Asian trading on Thursday, with both benchmarks climbing to their highest levels in more than six weeks as the U.S. and Iran continued to exchange strikes.At the time of writing, WTI crude was trading at $88.25 per barrel, up 1.64% on the session,...
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Launch Of Rural Electricity Intensification Project ( REIP) Under The BIG PUSH Programme.
The deputy minister of energy and green transition Richard Gyan Mensah had the honour of representing the Minister for Energy and Green Transition, Hon. Dr. John Abdulai Jinapor, at the official launch of the Rural Electrification and Intensification Programme (REIP) under President Mahama’s BIG PUSH agenda at the Jakpa Palace in Damango. The REIP will...
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Ghana, Russia Strengthen Energy Partnership
Ghana and Russia are seeking to deepen cooperation in the energy sector, with both countries exploring opportunities in nuclear energy, mining and fertiliser production as part of a broader effort to expand bilateral relations that have seen trade surge to more than US$800 million in recent years.The renewed focus on energy cooperation comes as Ghana...
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Joshua Narh Urges Ghana to Build Competitive Downstream Petroleum Industry
Through Refinery ExpansionThe Executive Chairman of the Energy Chamber Ghana, Mr. Joshua Narh, has advocated for strategic and Competitive Downstream Investment in the nation’s petroleum sector, asserting that domestic crude limitations must not hinder refinery expansion.This perspective clarifies that the highest economic returns do not merely accrue to nations that extract raw crude, but to...
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NPA CEO Conducts Overnight Inspection of 24-Hour Economy Pilot at Tema Fuel Depots. Economy Programme in the Downstream Petroleum Sector
Mr. Tameklo, in the company of the Lead for Energy at the 24 Hour Authority, Mr. Roland Azuguvu, the Director for the 24 Hour Programme at the Ghana Police Service, ACP Benjamin Ania, the Tema Regional Commander of Police, DCOP Asiedu, the liaison for the 24 Hour Programme at National Secourity Council Secretariat, Air Commodore...
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PHDC Presents Lands Commission Report to Awulae Kwasi Amakye III and Jomoro Traditional Leaders
In fulfilment of a promise made during the commencement of the process for the acquisition of the 12,365-acre land, the Petroleum Hub Development Corporation returned to the palace of the Paramount Chief of the Western Nzema Traditional Authority, Awulae Kwasi Amakye III, on Friday, July 17, 2026, to update him on the corporation’s efforts to...
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GOIL CEO Advocates Stronger Local Content Framework at GhIPCon 2026
The Group Chief Executive Officer and Managing Director of GOIL PLC, Mr. Edward Abambire Bawa, has underscored the importance of knowledge and technology transfer in strengthening local capacity and driving sustainable growth in Ghana’s downstream petroleum sector. Speaking during a panel discussion on “Local Content and Industrial Participation in Downstream Growth” at the 7th Ghana...