Category: Uncategorized

The Chamber of Oil Marketing Companies (COMAC) is rallying support from its member companies to complement the government’s efforts to improve environmental sanitation across Ghana. The initiative follows an engagement between the Chamber and the Minister for Local Government, Chieftaincy and Religious Affairs, Mahama Ayariga, who called on COMAC to mobilise industry support for the...

The finals of the 2026 ExxonMobil Foundation STEM Africa Challenge we’re held on during African Energy Week 2026 in Cape Town on Monday where finalists from Angola, Mozambique, Namibia and Nigeria pitched their science, technology, engineering and mathematics-driven projects and prototypes to a panel of judges. The 16 finalists were selected from an initial pool...

The Senior Staff Union (SSU) and Junior Staff Union (JSU) of the Electricity Company of Ghana (ECG) are set to stage a nationwide demonstration on Tuesday, September 29, 2026, to protest the proposed private sector participation (PSP) in the company. The unions said the peaceful demonstration will take place across all ECG operational regions and...

Ghana’s plan to remove about US$120 million from the Tema Oil Refinery’s (TOR) legacy obligations could give the state-owned refinery additional room to rebuild its finances, but the relief will need to be matched by operational reforms if it is to translate into sustained domestic refining. The proposed write-off, which TOR Managing Director Edmond Kombat...

The Chamber of Oil Marketing Companies (COMAC) has called for the indefinite suspension of Section 136 of the Customs Act, 2026 (Act 1179), arguing that the provision poses significant risks to fuel supply, revenue collection and the stability of Ghana’s downstream petroleum industry. In a letter dated September 23, 2026, and addressed to the Commissioner-General...

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...

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...

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...

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...