Ghana could save close to US$500 million annually by switching from liquid fuels to natural gas for power generation, Technical Advisor to the Minister of Energy and Green Transition on Petroleum, Ing. Dr Sulemana Yussif, has said.He said expanding the country’s gas-processing capacity would be critical to achieving the savings as Ghana seeks to reduce...
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Ghana Gas Unveils Next-Phase Midstream Investment Projects
Ghana Gas has used the second day of Africa Oil Week 2026 to set out a new investment proposition for the country’s midstream gas sector, with infrastructure expansion, supply security and deeper value-chain development emerging as key priorities. The company’s Deputy Chief Executive Officer, Technical, Ing. Dr. Robert Kofi Lartey, presented Ghana Gas’ infrastructure plans...
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BOST ENERGIES LIMITED COMPANY (BOSTenergies) REPORTS STRONG 2025 PERFORMANCE, PAYS FIRST-EVER DIVIDEND TO GOVERNMENT
BOST Energies Limited Company (BOSTenergies) has reported strong financial and operational growth for the 2025 financial year, recording significant increases in revenue, profitability, assets and shareholder equity, while achieving a historic milestone with the payment of its first-ever dividend to the Government of Ghana. The performance was announced at the Company’s 2026 Annual General Meeting...
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Africa Needs Affordable Energy to Drive Industrialisation – ACEP
Africa’s industrialisation ambitions will remain constrained unless countries address the high cost of energy, the Executive Director of the Africa Centre for Energy Policy (ACEP), Ben Boakye, has warned. He said energy prices were a major determinant of economic competitiveness and should therefore be treated as a central development issue rather than merely a utility-sector...
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Tullow Cuts Gross Debt to US$1.60 Billion as Ghana Operations Drive Stronger Outlook
Tullow Oil has sharply upgraded its 2026 free cash flow guidance to between US$170 million and US$250 million, supported by stronger-than-expected production from its Ghana operations, higher realised oil prices and progress in recovering receivables owed by the Government of Ghana. The London- and Ghana-listed producer said operational performance during the first half was driven...
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Jinapor Leads TOR Revival Drive, Unveils Plan to Expand Refinery to 100,000bpd
Minister for Energy and Green Transition, Dr John Abdulai Jinapor, has reaffirmed government’s commitment to restoring the Tema Oil Refinery (TOR) as a strategic pillar of Ghana’s energy security and industrial transformation. Dr Jinapor joined President John Dramani Mahama and other stakeholders on Saturday for the official commissioning of the refurbished Crude Distillation Unit (CDU)...
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30% transport fare hike reflects failure of state policy – Benjamin Nsiah
Energy expert Benjamin Nsiah has criticised Ghana’s transport pricing system, describing the possible 30% increase in fares proposed by transport operators as a sign of deeper policy failures.The Ghana Private Road Transport Union (GPRTU) has warned that fares could rise by 30% due to increasing fuel prices and operational costs. However, Nsiah said transport fare...
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Fuel prices set for sharp drop from July 1 as petrol, diesel and LPG get cheaper
Fuel prices are expected to fall significantly from Wednesday, July 1, as global crude oil prices decline and the cedi records a marginal gain against the US dollar.The Chamber of Petroleum Consumers (COPEC) says the combined effect of falling crude prices and currency movements will translate into lower pump prices for petrol, diesel, and LPG...
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Africa’s Clean Energy Bias ‘Catches’ Global Attention
United Nations Secretary-General, António Guterres has cast a glaring spotlight on the massive imbalance in international climate finance by criticizing the global community’s failure to invest adequately in Africa’s green transition despite its unparalleled renewable capacity.This sharp critique highlights a persistent institutional bias where capital flows continue to favor developed markets over the regions where...
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ENERGY TRANSITION WILL NOT UNDERMINE GHANA’S PETROLEUM HUB – PHDC CEO
The Chief Executive Officer of the Petroleum Hub Development Corporation, Dr. Toni Aubynn, has dismissed concerns that the global shift toward renewable energy could undermine the relevance of Ghana’s planned Petroleum Hub.Speaking exclusively to EnergyCrossroad.com on the sidelines of a public lecture at the China Europe International Business School in Accra, Dr. Aubynn said the...