The Ghana–China Climate Summit 2025, held at the AfCFTA Auditorium in Accra, on September 16, marked a major milestone in bilateral cooperation, attracting more than 250 participants from governments, the diplomatic community, academia, civil society, and the private sector. Delivering a keynote address, Hon. Issifu Seidu, Minister of State for Climate Change and Sustainability, announced...
Category: News
Post
Post
Infrastructure Gaps Driving Up Fuel Prices in Ghana’s Petroleum Sector
While exchange rate volatility and global oil prices often dominate discussions around fuel price hikes in Ghana, industry data reveals another critical factor — inadequate infrastructure in the downstream petroleum sector. According to market analysts, inefficiencies in petroleum product storage and discharge facilities are creating hidden costs that are eventually passed on to consumers at...
Post
Ghana Secures $1.5 Billion Oil and Gas Investment Agreement with ENI, Vitol, and GNPC
Ghana has taken a significant step to strengthen its upstream petroleum sector with the signing of a Memorandum of Intent with ENI, Vitol, and the Ghana National Petroleum Corporation (GNPC). The agreement, announced at Africa Oil Week in Accra, outlines an integrated strategic investment plan valued at $1.5 billion. The capital injection is expected to...
Post
First Nigerian Gasoline Cargo Arrives in U.S.
The first cargo of Nigerian gasoline produced at the Dangote refinery has reportedly arrived at its destination in the United States. Reuters, citing unnamed sources in the know and ship-tracking data, said the gasoline cargo was arranged by Sunoco and commodity trader Vitol. VesselFinder reported that Gemini Pearl, a Panama-flagged oil product carrier, was currently...
Post
The Ghana Fuel Price Trap: Why Oil-Rich Doesn’t Mean Cheap Fuel Prices
Yakubu Adam, Graduate Student (Energy and Environmental Policy, Joseph Biden Jr. School of Public Policy & Administration, University of Delaware) Every Ghanaian at a fuel pump in recent months has asked the same question: why is fuel so expensive in an oil-producing country? The frustration is palpable for drivers, business owners, and households. We are...
Post
Ghana, Eni and OCTP Partners Ink Energy Pact to Expand Oil, Gas and Sustainability Initiatives
Ghana has signed a landmark Memorandum of Intent with Eni and its Offshore Cape Three Points (OCTP) partners — Vitol and the Ghana National Petroleum Corporation (GNPC) — to scale up oil and gas production while accelerating sustainable energy development. The signing ceremony, held at the Kempinski Hotel in Accra during Africa Oil Week, was...
Post
Mahama Announces GNPC to Drill Two New Exploration Wells by 2026
President John Dramani Mahama has revealed that the Ghana National Petroleum Corporation (GNPC) and its exploration subsidiary, Explorco, are on course to drill two new exploration wells before the close of the third quarter of 2026.Speaking at the Africa Oil Week in Accra, the President reiterated his government’s resolve to work closely with both current...
Post
Ghana Calls for Just Energy Transition at APPO CEOs Forum
Delivering opening remarks on behalf of President John Dramani Mahama, Ghana’s delegation set the tone for the 7th African Petroleum Producers’ Organization (APPO) National Oil Companies CEOs Forum held in Accra. The address underscored APPO’s role as a critical platform for collaboration among Africa’s national oil companies, ensuring the continent’s voice and priorities are firmly...
Post
𝐒𝐭𝐚𝐫 𝐎𝐢𝐥 𝐒𝐡𝐢𝐧𝐞𝐬 𝐚𝐭 𝐏𝐞𝐭𝐟𝐮𝐧 𝐆𝐚𝐦𝐞𝐬 𝟐𝟎𝟐𝟓! 🌟⛽🏆
Star Oil emerged as the 𝐁𝐞𝐬𝐭 𝐏𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐢𝐧𝐠 𝐎𝐌𝐂 at this year’s Petfun Games, sweeping an impressive 4 trophies, 2 medals and 2 special awards! 🥇🥇🥇🥇 We are proud to say that we are not only Ghana’s largest petroleum company, but also the champions of fun, teamwork, and sportsmanship. 💪🎉 At Star Oil, we fuel excellence...
Post
GNPC Launches 40th Anniversary Celebrations with Presidential Gala at Jubilee House
The Ghana National Petroleum Corporation (GNPC) has kicked off its 40th anniversary celebrations with a Presidential Gala Dinner at the Jubilee House, Accra, under the theme “From Resource to Reality: 40 Years of Impact and Innovation.”The prestigious event brought together dignitaries from across Africa’s energy landscape, including delegates attending the 7th African Petroleum Producers’ Organization...