The Ghana National Petroleum Corporation (GNPC) has called for a coordinated approach across the gas value chain to build a resilient gas economy in Ghana. The call was made at the PIAC-Ghana Technical Consultative Workshop on Building a Resilient Gas Economy. GNPC’s Deputy Chief Executive, Finance, Commercial & Administration, Hamis Ussif, said strengthening the country’s...
Category: Oil and Gas
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Parliament Assesses TOR Revival As Ghana Seeks Fuel Security
Ghana’s push to strengthen domestic petroleum supply and reduce exposure to external fuel-market shocks has brought the Tema Oil Refinery (TOR) back into focus, with Parliament’s Energy Committee assessing the refinery’s operations and revival plans. The Committee’s monitoring and working visit to TOR provided Members with a first-hand assessment of the refinery’s operational capacity, ongoing...
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NPA Bill Proposes Three Funds For Downstream Petroleum Sector
The National Petroleum Authority (NPA) has proposed three dedicated funds under a new downstream petroleum Bill currently before Parliament, targeting petroleum distribution, infrastructure development and LPG promotion. The proposed Distribution Fund, Infrastructure Fund and LPG Promotion Fund are intended to provide dedicated financing for activities considered critical to Ghana’s downstream petroleum security and energy transition....
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Tinubu Hails $800m Ima Gas FID, Says Project Unlocks 50-Year-Old Resource ABUJA
President Bola Ahmed Tinubu has welcomed the $800 million Final Investment Decision (FID) on the Ima Gas Project, describing it as a major step towards unlocking Nigeria’s vast gas resources for investment, industrialisation, job creation and economic growth. The project, developed by Nigerian independent energy company AMNI International in partnership with TotalEnergies, is expected to...
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Sentuo Output to Strengthen Ghana’s Domestic Fuel Supply
Ghana’s domestic fuel supply could receive some relief from continued production at Sentuo Oil Refinery, with the National Petroleum Authority (NPA) expressing confidence that the refinery will maintain output through the end of the year. The assurance comes as Ghana continues to rely heavily on imported refined petroleum products, leaving the downstream market exposed to...
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GNPC identifies over 1bn barrels of oil, 2.5trn cubic feet of gas in Tano Basin
The Corporation says the resources could help boost Ghana’s declining petroleum production if existing infrastructure is leveraged to develop them commercially. Senior Geomatic Engineer at GNPC, Emmanuel Boadum Donkor, said spatial data analysis using Geographic Information Systems (GIS) was helping the Corporation identify ways to connect stranded resources to existing petroleum infrastructure and reduce development...
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Oil Industry Braces for Years-Long Iran War
Delegate told Reuters’ Russell, adding that it was more likely for regime change to take place in the United States than in Iran, which appears to be a widely shared view among the event’s delegates. However, it would be difficult to argue that a Democrat win at the November midterms would translate into any form...
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GOIL Records Strong Showing at PETFUN Games 2026
GOIL delivered a standout performance at the 2026 PETFUN Games held at the Burma Camp Sports Complex, showcasing sporting excellence, teamwork, discipline and the Company’s signature “Good Energy” spirit. The petroleum company secured five gold medals across a number of competitive disciplines, emerging victorious in Men’s Volleyball, Women’s Volleyball, Swimming, Lime and Spoon, and the...
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Government Turns To Bulk Oil Sector As Downstream Reforms Deepen
The government has stepped up engagement with Ghana’s bulk petroleum industry as it seeks to strengthen efficiency, resilience and investment across the downstream energy sector. Minister for Energy and Green Transition, Dr John Abdulai Jinapor, met the Chamber of Bulk Oil Distributors (CBOD) and its members as part of ongoing stakeholder consultations on reforms within...
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GOIL CEO praises Star Oil counterpart despite fierce market rivalry
Mr Bawa said GOIL and Star Oil are competing for the same customers, with both companies deploying different strategies to strengthen their positions in the fuel market. Speaking on Joy News’ PM Express Business Edition on Thursday, he said the relationship between the two companies has remained strictly businesslike. “Our relationship has been businesslike. They...