The Chief Executive Officer of the Petroleum Hub Development Corporation (PHDC), Dr Toni Aubynn, says the Corporation has secured significant investor interest and partnerships towards the establishment of the multi-billion-dollar Petroleum Hub Project at Jomoro in the Western Region. He said over 70 local and foreign investors had so far expressed interest in the project,...
Category: News
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Ghana to host largest exhibition of power, electrical energy and building construction in West Africa
The 4th edition of the Power, Energy and BuildExpo Ghana Exhibition, which will position Ghana as a hub in West Africa, will take place at the Accra International Conference Center from 30th October to 31st October, 2025. The exhibition will be the largest in the power, electrical energy, building construction and technology sectors. The expo...
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ASEC’s Board Co-Chairman, Executive Director to speak at World Energy Week
The Africa Sustainable Energy Centre’s (ASEC) Board Co-Chairman, Mr. Kweku Awotwi and Executive Director, Ing. Justice Ohene-Akoto are scheduled to speak at the 2025 World Energy Week. The event, held under the theme “Energising connections, powering a healthy planet” will take place in Panama City, Panama, from October 6th to 9th.Mr. Awotwi and Ing. Ohene-Akoto...
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COMAC Raises Alarm Over Irregularities in Petroleum Lifting and UPPF Abuse
The Chamber of Oil Marketing Companies (COMAC) has expressed deep concern over what it describes as serious irregularities emerging from its latest mid-year industry report, calling for urgent regulatory scrutiny and accountability within Ghana’s downstream petroleum sector. Speaking at a media briefing in Accra on Monday, the Chief Executive Officer of COMAC, Dr. Riverson Oppong,...
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Ghana Showcases Energy Sector Transparency at Global Summit in Spain
Deputy Minister for Energy and Green Transition, Hon. Richard Gyan-Mensah, has underscored Ghana’s leadership in promoting transparency and accountability in the power sector. He made the remarks during a high-level panel organized by Energy for Growth Hub on the sidelines of the Open Government Partnership (OGP) Global Summit in Spain. Speaking at the session themed...
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*NIGERIA @ 65: DR WISDOM ENANG HAILS PRESIDENT TINUBU’S BOLD REFORMS, CHARTS PATH TO INDUSTRIAL FUTURE:Weighs in on the Dangote–PENGASSAN dispute and its implications for Nigeria’s economy
Sampson Enyongekere, Uyo As Nigeria marked her 65th independence anniversary on October 1, an Adjunct Professor of the North Dakota University, USA, and an internationally respected Energy Policy and Governance Expert, Engr. (Dr.) Wisdom Patrick Enang, described the milestone as a moment not only for national reflection but also for renewed determination under President Bola...
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African Development Bank and Niger Sign $144.7 Million Agreement to Boost Energy Access, Economic Competitiveness and Resilience
African Development Bank Group President Sidi Ould Tah and Niger’s Prime Minister, Ali Mahamane Lamine Zeine, have signed a $144.7 million financing agreement to improve energy access and private sector competitiveness. The agreement, signed at the institution’s headquarters in Abidjan, provides budgetary support from the African Development Fund, the Bank Group’s concessional financing window. It...
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Looking towards nuclear micro reactors
Pakistan’s energy crisis is not just about power cuts; it is about survival. Every summer, citizens brace for rolling blackouts as peak shortfalls rise into the thousands of megawatts. Behind the flickering lights lies a deeper malaise: circular debt in the power sector that has ballooned into trillions of rupees, an import bill for petroleum...
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Total petroleum consumption for half year hits 3.6bn litres, despite rising fuel prices
Total consumption of petroleum products for the first half of 2025 has surged to 3.6 billion litres, marking a 17.65% increase compared to 3.07 billion litres recorded in the same period in 2024. This is according to the 2025 Petroleum Analysis Report seen by JoyBusiness, which presents a detailed examination of Ghana’s petroleum supply and...
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The first half of 2025 also saw extraordinary percentage growth among new entrants scaling from low 2024 volumes —
Moari Oil (18,368.76%), Veros Petroleum (4,300.00%), Wabendso Energies (3,288.48%), and Life Energy (3,181.48%) emerged as standout gainers. LPG Market Performance In the LPG segment, Annandale retained the top position with 18.9% market share, despite a slight dip in volumes from the previous year.First Gas rose sharply to 16.3%, taking second place, while Manbah Gas held...