The National Petroleum Authority (NPA) marked its 20th anniversary with a grand gala night at the Alisa Hotel in Accra, bringing together management, staff, retirees and industry partners to celebrate two decades of regulatory service and institutional growth. The event provided an opportunity to reflect on the Authority’s achievements over the past 20 years, while...
Category: News
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Energy minister assures stable power as Ghana hits peak demand in December
Amid the twinkling lights and heightened commercial activity of the Christmas season, the Minister for Energy and Green Transition, Dr. John Abdulai Jinapor, has issued a firm guarantee that the national power grid will remain stable, despite surging to a historic all-time high in energy consumption.The minister’s assurance comes as the Ghana Grid Company (GRIDCo)...
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Fuel prices: Ghana ends year at 23rd position in Africa
Despite significant drop in fuel prices, Ghana ends the year placing 23rd on the African continent. According to GlobalPetrolPrices.com, gasoline or petrol sold at US$1.297 per litre as of 15th December, 2025. On the other hand, gas oil or diesel is going for US$1.145 per litre. Central African Republic ($1.883) was ranked 1st in Africa...
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Dangote Refinery records over 1,000 trucks loading daily in lower prices, reduced minimum purchase volume drive
Dangote Refinery has emerged as the hub of fuel distribution in Nigeria, following bold strategic adjustments aimed at making energy more affordable and accessible. The refinery recently announced a significant reduction in the pump price of Premium Motor Spirit (PMS) to ₦699 per litre, alongside a drastic cut in the minimum purchase requirement from 2...
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Market leader Star Oil drops fuel prices with petrol selling at GH¢10.97 and diesel at GH¢11.79
Market leader Star Oil has cut prices across its petroleum products at selected service stations nationwide. A litre of petrol has been reduced from GH¢11.97 as quoted on November 18, 2025, to GH¢10.97. Diesel has also seen a price cut, dropping from GH¢12.74 to GH¢11.79 per litre. These prices apply to selected outlets as part...
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Africa’s Leading Crude Producers Struggle to Find Buyers Amid Global Oversupply
West African crude oil producers are struggling to find buyers for December and January cargoes amid rising competition from cheaper, more readily available alternative supplies. Analysts say the glut of unsold Nigerian and Angolan crude reflects a broader global oversupply that has weighed on international markets. Brent crude dropped below $60 per barrel this week,...
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GCMC’S PARTICIPATION IN THE 2025 ENERGY SECTOR AGENCIES PERFORMANCE REVIEW RETREAT
The Ministry of Energy and Green Transition convened a performance review meeting for all sector agencies, providing a valuable platform to reflect on past progress, assess current performance and challenges, and propose practical solutions as we look ahead to 2026. Ghana Cylinder Manufacturing Company Limited (GCMC) actively participated in the review and highlighted our continued...
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Nigeria Nominates Oritsemeyiwa Eyesan to Head NUPRC, Eyeing Upstream Reform and Investment Push
Nigerian President Bola Ahmed Tinubu has nominated Oritsemeyiwa Eyesan as the new Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), in a move expected to reshape the country’s upstream oil and gas sector and boost investor confidence. As a seasoned professional with extensive experience, Eyesan is poised to implement the Petroleum Industry Act...
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Non-performing energy sector heads to be sacked -Energy Minister warns
The Minister for Energy and Green Transition, Dr. John Abdulai Jinapor, has cautioned heads of agencies and senior managers within the energy sector that failure to deliver on their mandates will result in their removal from office. Addressing participants at the Ministry’s performance review retreat, Dr. Jinapor said President John Dramani Mahama has made it...
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Government Reassures Investors of Stability in Ghana’s Upstream Petroleum Sector
Government has reiterated its commitment to maintaining Ghana’s upstream petroleum sector as a safe and attractive destination for investment, as it deepens reforms across both the upstream and downstream segments to strengthen stability in the energy and power sectors. Acknowledging energy as a critical driver of economic activity, government says it has prioritised policies aimed...