Dangote Group has signed a $350 million deal with Indian engineering firm EIL to expand its flagship refinery and petrochemicals complex in Lagos, a move set to boost Nigeria’s industrial capacity and reduce Africa’s reliance on imported refined fuels.State-owned Engineers India Ltd (EIL) said on Saturday that it has renewed a $350 million contract with...
Category: News
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Nzema Youth seek roadmap for Petroleum hub operation
A youth group in Nzema has urged President John Dramani Mahama to provide a clear and realistic roadmap for the operationalisation of the Petroleum Hub Corporation, citing concerns over delayed implementation and its impact on local job creation. Speaking at a press conference in Nkroful on Sunday January 18, the Concerned Youth of Nzema highlighted...
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Gov’t assures minimal disruption as WAPCo undertakes planned maintenance
The Ministry of Energy and Green Transition and the Ghana Grid Company Limited (GRIDCo) have assured the public of minimal disruption to electricity supply ahead of scheduled maintenance works by the West African Gas Pipeline Company (WAPCo). In a statement issued on Saturday, January 17, 2026, GRIDCo said it had been formally notified by WAPCo...
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Dr. Toni Aubynn Declares 2026 ‘Year of Action’ for Petroleum Hub Project
The Chief Executive Officer of the Petroleum Hub Development Corporation (PHDC), Dr Toni Aubynn, has declared 2026 as “the year of action” for Ghana’s ambitious Petroleum Hub project. According to Dr. Aubynn, 2026 will be the year in which the extensive groundwork laid over previous years culminates in concrete, site-based implementation within the Jomoro Municipality...
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GOIL PLC Reduces Fuel Prices at Stations to Ease Cost of Living
GOIL PLC has announced a significant reduction in fuel prices at 150 out of its 447 outlets nationwide, as part of a targeted pricing intervention aimed at easing transportation costs and ensuring that recent economic gains translate into tangible relief for ordinary Ghanaians. The price reduction applies to strategically selected GOIL stations located closer to...
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Energy Minister Petitions IGP Over Assault on Ministry Staff at Kasoa
The Minister for Energy and Green Transition, Dr. John Abdulai Jinapor, has formally petitioned the Inspector-General of Police (IGP) to request a full and impartial investigation into an attack on staff of the Ministry that occurred while they were commuting to work in an official bus. The incident reportedly took place at Kasoa Amanfrom on...
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GOIL PLC posts impressive share price gains on GSE in 2025
GOIL PLC recorded an impressive performance on the Ghana Stock Exchange (GSE) in the 2025 financial year, reflecting renewed investor confidence and growing optimism about the Company’s future direction. The year 2025 proved to be a standout period for the Ghanaian equities market, with the GSE posting one of its strongest rallies in recent years....
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NPA Chief Commends TOR Management During Working Visit on Operations Revival
The Chief Executive Officer of the National Petroleum Authority (NPA), Mr. Edudzi Kudzo Tameklo, has led a management team from the authority on a working visit to the Tema Oil Refinery (TOR) to assess progress toward the resumption of the refinery’s operations. The visit highlighted ongoing regulatory collaboration between the NPA and TOR, as well...
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COMAC Projects Second Straight Fuel Price Cut in January, as Cedi Strengthens
The Chamber of Oil Marketing Companies (COMAC) has projected a second consecutive reduction in ex-pump prices of petroleum products in the second pricing window of January. According to COMAC, petrol prices are expected to fall by between 1.26% and 2.30%, diesel by 1.97% to 2.10%, while liquefied petroleum gas (LPG) could decline by 3.10% to...
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Premix Fuel Price Drops 16% from January 2026, Bringing Relief to Fisher Folk
The price of premix fuel recorded a significant 16 per cent reduction effective 1 January 2026, compared with the previous price review conducted on 1 October 2025. The reduction brings welcome relief to end users, particularly fisher folk, who depend heavily on the subsidized product for their operations.On a year-on-year basis, the price is said...