All is set for the commencement of the planned expansion of Dangote Refinery production capacity from 650,000 barrels per day (bpd) to 1.4 million bpd in the next three years.The move, according to refinery management, comes alongside investments in petrochemicals such as polypropylene, base oils and liquefied petroleum gas (LPG). The management also reaffirmed its...
Category: News
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Star Oil pays GH¢ 2.6 billion in taxes and levies for 2025
Star Oil pays GH¢ 2.6 billion in taxes and levies for 2025. The announcement was captured in a post on Star Oil’s social media page on, January 14, 2026. The data also showed that Star Oil paid GHC 41 million in corporate income tax on its operations in 2025. In terms of withholding tax and...
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GH₵1 Energy Levy Has Delivered Power Stability – Government
The government has defended the use of proceeds from the GH₵1-per-litre Energy Sector Shortfall and Debt Repayment Levy, stating that the policy has played a key role in stabilising Ghana’s power supply. Minister of State in charge of Government Communications, Felix Kwakye Ofosu, said the levy has been effectively utilised to address longstanding challenges in...
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IPGs debt payment: Energy expert urges gov’t to modernize electricity infrastructure to reduce loss
Energy expert and Executive Director of the Centre for Environmental Management and Sustainable Energy, Benjamin Nsiah, has commended the government for taking decisive steps to settle outstanding debts owed to Independent Power Generators (IPGs), describing the initiative as a major boost for Ghana’s energy sector.Speaking on Accra 100.5 FM on Monday, January 12, Mr. Nsiah...
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Ghana energy debt reset solidifies world bank trust and global credibilitySource: Nana Karikari, Senior International Affairs and Political Analyst
In a move designed to stabilise the West African nation’s economy, the administration of President John Dramani Mahama has injected $1.47 billion (approx. GH₵15.76 billion) into Ghana’s energy sector. This capital infusion represents a calculated attempt to repair a fractured international reputation. By prioritising the restoration of the World Bank Partial Risk Guarantee (PRG), the...
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PUWU blames ECG’s poor performance on political appointments
The Public Utility Workers’ Union (PUWU) of the Trades Union Congress (TUC) in the Ashanti Region has attributed the poor performance of the Electricity Company of Ghana (ECG) to the government’s practice of appointing the Managing Director and assigning key performance indicators (KPIs), even when such appointees fail to deliver. According to the Union, this...
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IPGs Applaud Government for Settling Legacy Power Sector Arrears
The Independent Power Generators (IPGs) of Ghana have formally commended the Government of Ghana for settling a significant portion of the long-standing arrears owed to power generation companies in the country.In a statement, the IPGs acknowledged the efforts of the Ministry of Finance and the Ministry of Energy and Green Transition, describing the payments—made in...
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IES Hails $1.47bn Energy Debt Clearance, Urges Reforms to Prevent Relapse
The Institute for Energy Security (IES) has commended government for settling US$1.47 billion in energy sector arrears during the 2025 fiscal year, describing the intervention as a decisive step that has stabilised Ghana’s power system and averted a potential grid collapse. In a statement dated January 12, 2026, the energy policy think tank said the...
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Benin Offshore Oil Production Resumes After Three Decades
Oil production offshore Benin, Nigeria’s neighbor to the west, is set to begin by the end of January, the field operator said on Monday in what would be the first oil from the redeveloped field after it was shut down in 1998. Akrake Petroleum expects to start production at the Seme Field in Block 1...
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AA Rano Unveils Nigeria’s First Fully Automated, Unmanned Fuel Stations
Rano Nigeria, a leading downstream petroleum marketing company, has unveiled Nigeria’s first fully automated and unmanned fuel stations, signalling a major step in the digital transformation of Nigeria’s fuel retail sector. The initiative is part of a strategic partnership with Nigerian technology firm Petrosoft Limited, which specialises in downstream oil and gas management systems. Under...