The Minister of Finance, Dr Cassiel Ato Forson, has announced that the government is positioning the Ghana National Petroleum Corporation (GNPC) at the centre of a major national effort to revive the country’s declining oil production. According to him, GNPC will commence drilling for oil in the offshore Voltain Basin in October 2026, a move...
Category: News
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Iran Seizes Oil Tanker in Gulf of Oman
Iran seized on Friday an oil tanker en route to Singapore after it passed the critical Strait of Hormuz in the Middle East in the first major escalation of the tensions in the region since the Iran-Israel war in June. The Marshall Islands-flagged oil tanker Talara was seized by Iranian forces in the Gulf of...
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Energy and Green Transition Minister Tours GNPC, Reaffirms Support for Sector Growth
The Minister for Energy and Green Transition, John Abdulai Jinapor, has paid a working visit to the Ghana National Petroleum Corporation (GNPC) as part of his ongoing familiarisation tour of agencies under the ministry. During the visit, the Minister met with the Executive Committee and later addressed staff, where he reiterated government’s commitment to strengthening...
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Solewant Group Showcases Nigeria’s Industrial Capabilities at NUPRC Investment Forum in London
Solewant Group, one of Nigeria’s leading industrial engineering and pipeline coating companies, has reaffirmed its commitment to advancing local content and energy infrastructure development in Africa, following its participation in the NUPRC Project 1MMBOPD Investment Forum held at The Dorchester Hotel in London.The event, organized by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), brought together...
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Ghana Avoids Return to Dumsor After $252m Deal With IPPs – Finance Minister
Finance Minister Dr. Cassiel Ato Forson has revealed that Ghana narrowly avoided a relapse into nationwide power outages after government secured a renegotiated agreement with Independent Power Producers (IPPs), resulting in savings of $252 millionSpeaking on Joy News’ PM Express shortly after presenting the 2026 Budget, Dr. Forson said the administration inherited a tense standoff...
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Government rolls out nationwide street lighting project to power 24-hour economySource: GNA
The government, under the leadership of the Ministry of Energy and Green Transition, has begun the nationwide rehabilitation and installation of modern, energy-efficient streetlights to enhance public safety. It is to boost nighttime economic activities and drive Ghana’s transition toward a greener, more productive 24-hour economy. The project, in partnership with the Greater Accra Regional...
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GOIL Opens 55th Fuel Station in Tema Zone
GOIL has officially opened its 55th fuel station in the Tema Zone, located near the Junction Mall, Nungua. This latest addition brings GOIL’s total number of service stations nationwide to 444, further strengthening its presence and accessibility across the country.The station offers Super XP , Super XP 95 and Diesel XP, GOIL’s high-quality fuels that...
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World Nuclear Outlook 2025: Global Push to Triple Nuclear Capacity Gains Momentum at COP30
The global energy transition took centre stage on Energy Day at COP30 in Belém, Brazil, as the World Nuclear Association (WNA) released a preview of its World Nuclear Outlook Report 2025. The report delivers a strong message: tripling global nuclear capacity by 2050 is achievable — but only if governments accelerate action and follow through...
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Federal Government of Nigeria Cancels 15% Import Duty on Fuel
The Federal Government has shelved plans to implement the 15 per cent ad valorem import duty on Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel).This was disclosed by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in a statement posted on its official X handle on Thursday. According to the Director, Public Affairs...
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Energy Minister explains to Parliament causes of intermittent Power Outages in Asante Akim
The Minister for Energy and Green Transition Hon. John Abdulai Jinapor has appeared before Parliament to explain the recent intermittent power outages in Asante Akim.According to the Minister the Juansa feeder serves Asante Akim North under the Electricity Corporation of Ghana (ECG) Konongo District which originates from the Konongo Primary substation. He added that the...