As Africa develops its estimated 125.3 billion barrels of crude oil and 620 trillion cubic feet of natural gas to strengthen energy security and expand local economies, local-content frameworks are entering a new phase. Governments are moving beyondrequirements for local employment and procurement toward building domestic industrial capacity and strengthening digital compliance while maintaining an...
Category: News
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Namibia Must Turn Oil Discoveries into Lasting National Wealth – President
Namibia must move swiftly from oil discoveries to responsible development and ensure that petroleum resources translate into jobs, business opportunities, skills and sustainable national wealth, President Dr. Netumbo Nandi-Ndaitwah has said. The President said the country’s emerging oil and gas industry must become a catalyst for economic transformation, industrialisation and enterprise development rather than operate...
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Ghana Pushes Five New Oil Deals By 2027
Ghana Pushes Five New Oil Deals By 2027hana is accelerating efforts to attract fresh upstream investment, with the Petroleum Commission targeting at least five new petroleum agreements by the end of 2027 as declining production from mature fields increases the urgency of exploration.The planned agreements form part of a broader attempt to replenish Ghana’s petroleum...
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Ghana’s Energy Transition Needs More Than Renewable Targets
hana has developed the foundations of a renewable-energy policy ecosystem, but implementation, financing and grid readiness remain the decisive tests for turning those ambitions into meaningful changes in the country’s energy mix. That is one of the clearest messages emerging from the Africa Sustainable Energy Centre’s assessment of Ghana alongside other African energy systems. ASEC...
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From Transparency to Impact: PIAC Seeks Stronger Accountability Over Ghana’s Oil Wealth PIAC @15
Ghana’s Public Interest and Accountability Committee is marking 15 years of petroleum revenue oversight with a renewed push to ensure transparency translates into measurable development outcomes, as the country confronts the longer-term question of what legacy its oil wealth will leave. The anniversary is being commemorated under the theme, “PIAC@15: Advancing Resource Governance through Transparency...
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GRIDCo identifies Akosombo–Volta line fault as cause of widespread power outage
The Ghana Grid Company Limited (GRIDCo) has attributed the widespread power outage recorded across parts of the country on Thursday, August 20, 2026, to a major fault on the Akosombo–Volta transmission line.According to GRIDCo, the fault occurred at approximately 4:30 a.m. and triggered the automatic shutdown of the Akosombo generating units and some thermal generating...
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𝐂𝐎𝐌𝐀𝐂 𝐄𝐍𝐆𝐀𝐆𝐄𝐒 𝐖𝐈𝐓𝐇 𝐁𝐎𝐒𝐓 𝐄𝐍𝐄𝐑𝐆𝐈𝐄𝐒 𝐊𝐔𝐌𝐀𝐒𝐈 𝐃𝐄𝐏𝐎𝐓
The Chamber of Oil Marketing Companies (COMAC) recently visited the BOSTenergies Kumasi Depot as part of its Depot Familiarisation Exercise, which seeks to enhance COMAC’s understanding of depot operations and strengthen relationships with key industry stakeholders. The visit provided COMAC with an opportunity to gain firsthand insight into the depot’s operations, infrastructure, and ongoing developments,...
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Jinapor Leads Ghana Energy Stakeholders in World Bank Energy Sector Recovery Talks
Key stakeholders in Ghana’s energy sector are engaging the World Bank this week as part of the Ghana Energy Sector Recovery Programme for Results (PforR) Implementation Support Mission. The mission, being led by key sector stakeholders including the sector Minister Dr John Abdulai Jinapor, is providing an opportunity to assess progress made under the programme,...
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GIPA, GUTA Outline Roadmap to Protect Informal Retail Space for Ghanaians
The Ghana Investment Promotion Authority (GIPA) and the Ghana Union of Traders Association (GUTA) have outlined a collaborative roadmap to safeguard Ghana’s informal retail sector, which is reserved exclusively for Ghanaian citizens under the GIPA Act, 2026 (Act 1117). The strategic meeting, convened under the directive of the Ministry of Trade, Agribusiness and Industry (MoTAI)...
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GNPC’s 2025 Performance Raises Questions Over Production, Liquidity and Capital Strategy
The Ghana National Petroleum Corporation’s (GNPC) 2025 Annual Report presents strong headline financial figures, but a closer examination points to emerging challenges around declining oil production, liquidity, gas-sector exposure and the Corporation’s ambitious capital programme. An analysis of the report by energy analyst Joseph Narh suggests that GNPC’s performance should be assessed beyond its profitability...