Prices of petroleum products are expected to decline marginally at the pumps from today, December 16.The projection is contained in the latest outlook report by the Chamber of Oil Marketing Companies (COMAC), which guides pricing decisions by oil marketing companies. Projected Reduction The price of petrol is expected to fall by between 1.64% and 3.89%,...
Category: News
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Springfield Deal: CSOs Should Allow Government to Conduct Independent Valuation – Dr. Sulemana
The Technical Advisor and Second Gas Processing Plant Focal Point at the Ministry of Energy and Green Transition, Dr. Yussif Sulemana, has urged Civil Society Organisations (CSOs) to allow the government the space to undertake an independent and thorough valuation in its ongoing engagement with Springfield Exploration and Production Limited. His remarks come amid growing...
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IEA: Coal Outpaces Gas in OECD Power Mix as “Bridge Fuel” Falters
Electricity generation from solar sources saw a massive 23.5% jump year-on-year, contributing significantly to the 5.9% overall growth in renewables across OECD countries.Despite global phase-down pledges, coal-fired power generation demonstrated surprising resilience, increasing by 4.3% year-to-date across the OECD as a primary insurance policy against volatile energy supply.Climate-induced hydrological deficits caused a 4.0% slump in...
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Energy Minister Receives PSP Framework to Drive Electricity Distribution Reforms Without Privatisation
The Minister for Energy and Green Transition, Dr John Jinapor, has received the Guiding Framework for Private Sector Participation (PSP) from the PSP Committee, marking a significant milestone in Ghana’s ongoing electricity distribution reform. The Framework sets out a clear roadmap for engaging private sector expertise in the operations of the Electricity Company of Ghana...
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Solewant Leads New Era of Oil Pipeline Protection
Nigeria’s oil and gas industry is quietly entering one of its most stable periods in more than a decade, driven by a convergence of improved security, decisive state action, private-sector innovation, and unprecedented technology deployment across the Niger Delta. The just-concluded 9th African Energy Summit, hosted by Solewant Group at its expansive Industrial Park in...
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Solomon Ewanehi Unveils Transformative Blueprint for Africa’s Energy Future at 9th Africa Energy Summit
In a landmark moment for Africa’s energy sector, Solewant Group’s Group Managing Director, Mr. Solomon Ewanehi, officially launched his groundbreaking book, Unlocking Africa’s Energy Future – Strategies for Sustainable Growth and Development, during the 9th Africa Energy Summit in Port Harcourt. The high-profile event drew policymakers, academics, industry leaders, and international delegates, signalling the book’s...
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Dangote refinery reduces ex-depot petrol price from N828/litre to N699/litre
The Dangote Petroleum Refinery has slashed the ex-gantry price of its premium motor spirit, also known as petrol, to N699 per litre.According to sources at the refinery, the price of the product was reduced by N129 from the previous price of N828 per litre. “The refinery reduced its petrol price to N699 per litre,” a...
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Leveraging Petrobras Expertise: GNPC Drives Technology Transfer and Sector Growth at OTC Brazil 2025
The Ghana National Petroleum Corporation (GNPC) has recently taken a significant step in strengthening its international partnerships, technical cooperation, and upstream investment opportunities for Ghana through its engagement at the Offshore Technology Conference (OTC) Brasil in Rio de Janeiro. Building upon its successful presence at OTC in Houston earlier in the year, GNPC’s participation in...
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Youth Take Centre Stage in Advancing West Africa’s Energy Future
On Thursday, December 4, 2025, Ghana’s Deputy Minister for Energy and Green Transition, Richard Gyan-Mensah, joined young innovators and industry leaders at the Youth Energy Summit (YES!) 2025, held alongside the West Africa Energy Summit. He served as Special Guest of HonourThe event showcased the passion, ingenuity, and determination of young people who are already...
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U.S. seizes Nigerian-owned supertanker for suspected oil theft.
The United States Coast Guard, in a joint operation with the U.S. Navy, has intercepted a Nigerian-owned supertanker, Skipper, following intelligence reports linking the vessel to crude oil theft and piracy. The United States Coast Guard, in a joint operation with the U.S. Navy, has intercepted a Nigerian-owned supertanker, Skipper, following intelligence reports linking the...