The Africa Sustainable Energy Centre (ASEC) has called for urgent reforms in Ghana’s petroleum downstream sector following the indefinite suspension of Star Oil Limited’s membership from the Chamber of Oil Marketing Companies (COMAC).Star Oil, Ghana’s leading indigenous Oil Marketing Company (OMC), cited unfair representation and a failure to advocate for consumer-friendly policies, particularly the contentious...
Category: News
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COPEC accuses industry of victimising Star Oil over fuel price stance
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has criticised what he describes as the unfair treatment of Star Oil Limited following the company’s advocacy for fuel price reductions during peak periods.It argues that the episode exposes fundamental weaknesses in Ghana’s petroleum pricing framework. Speaking on Citi FM on Wednesday, January...
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GNPC and Petrobras Commence Strategic Technical Engagement to Enhance Upstream Cooperation
The Ghana National Petroleum Corporation (GNPC) has embarked on a high-level, weeklong technical engagement with a delegation from Brazil’s national oil company, Petrobras. Spanning January 19 – 23, 2026, the visit represents a pivotal step toward deepening bilateral cooperation and fostering technical synergy between the two entities.The engagement commenced at GNPC’s Research & Technology Centre...
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Energy Minister Engages ACBF on Capacity Building and Energy Transition
The Minister of Energy and Green Transition, Mr John Jinapor, has held talks with the African Capacity Building Foundation (ACBF) to explore areas of collaboration aimed at strengthening capacity in Ghana’s energy sector. ACBF, a specialised agency of the African Union with a membership of more than 40 countries, is one of Africa’s leading institutions...
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Star Oil Suspends COMAC Membership Over Price Floor Dispute
Star Oil Limited has announced the suspension of its membership of the Chamber of Oil Marketing Companies (COMAC) with immediate effect, citing concerns over what it describes as unfair representation of its views within the Chamber. In a formal letter by the CEO of star oil Philip Tieku addressed to the Chief Executive of COMAC,...
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Price wars: More OMCs cut pump prices as downstream competition intensifies
More oil marketing companies (OMCs) are cutting pump prices in the second pricing window of January, deepening competition in the downstream petroleum sector .On January 19, 2026, Zen Petroleum announced new uniform prices across all its outlets, departing from the industry trend of selective discounts. Petrol is now selling at GH¢9.94 per litre, one of...
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Price wars: More OMCs cut pump prices as downstream competition intensifies
More oil marketing companies (OMCs) are cutting pump prices in the second pricing window of January, deepening competition in the downstream petroleum sector .On January 19, 2026, Zen Petroleum announced new uniform prices across all its outlets, departing from the industry trend of selective discounts. Petrol is now selling at GH¢9.94 per litre, one of...
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Japan restarts world’s biggest nuclear plant
The world’s biggest nuclear power plant was restarted on Wednesday for the first time since the 2011 Fukushima disaster, its Japanese operator said, despite persistent safety concerns among residents.The plant was “started at 19:02” (1002 GMT), Tokyo Electric Power Company spokesman Tatsuya Matoba told AFP of the Kashiwazaki-Kariwa plant in Niigata prefecture.The regional governor approved...
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COMAC Chairman Calls for Calm as Chamber Moves to Resolve Dispute Between Major Oil Marketers
The Board Chairman of the Chamber of Oil Marketing Companies (COMAC), Gabby Kumi, has called for calm amid rising tensions involving two major players in Ghana’s downstream petroleum sector, Star Oil and GOIL.Speaking to Energy Crossroad, Mr Kumi noted that the two companies together control nearly 30 per cent of Ghana’s downstream petroleum market, warning...
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Fuel Price Cuts Long Anticipated Under Deregulated Market – COMAC
The Chamber of Oil Marketing Companies (COMAC) has described the recent fuel price reductions across the country as expected, insisting that the developments are consistent with projections under Ghana’s deregulated petroleum pricing regime.Speaking on Joy News’ PM Express on Tuesday, COMAC’s Chief Executive Officer, Dr Riverson Oppong, said the price cuts currently being enjoyed by...