Kizito CUDJOE The Ghana National Petroleum Corporation (GNPC) Chief Executive Officer (CEO), Kwame Ntow Amoah, has assured that the national oil company (NOC) remains on course to commence its planned fourth-quarter drilling programme in the Voltaian Basin despite repeated shifts in the timeline. Mr. Amoah said the delays were driven largely by a need to...
Category: Oil and Gas
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Nigeria’s Fuel Exports Hit 561,000 bpd
Nigeria’s seaborne petroleum product exports have increased seven-fold since 2023, hitting an average of 561,000 barrels per day in the second quarter of 2026. The United States Energy Information Administration (EIA) attributed the massive surge to operations at the Dangote Petroleum Refinery. The development has strengthened Nigeria’s position in the global fuel market at a...
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Jinapor engages TOR management on refinery revitalisation
The Minister of Energy and Green Transition, Dr John Abdulai Jinapor, has engaged the management of the Tema Oil Refinery (TOR) to assess progress in efforts to rebuild and reposition the national refinery. The engagement provided an opportunity for TOR management to update the Minister on developments at the refinery, key challenges and ongoing initiatives...
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Namibia Must Turn Oil Discoveries into Lasting National Wealth – President
Namibia must move swiftly from oil discoveries to responsible development and ensure that petroleum resources translate into jobs, business opportunities, skills and sustainable national wealth, President Dr. Netumbo Nandi-Ndaitwah has said. The President said the country’s emerging oil and gas industry must become a catalyst for economic transformation, industrialisation and enterprise development rather than operate...
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Ghana Pushes Five New Oil Deals By 2027
Ghana Pushes Five New Oil Deals By 2027hana is accelerating efforts to attract fresh upstream investment, with the Petroleum Commission targeting at least five new petroleum agreements by the end of 2027 as declining production from mature fields increases the urgency of exploration.The planned agreements form part of a broader attempt to replenish Ghana’s petroleum...
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Oil Nears $90 as Hormuz Tensions Raise Ghana’s Fuel Risks
Oil prices are moving back towards the US$90-per-barrel threshold, as stalled US-Iran negotiations and sharply reduced shipping through the Strait of Hormuz revive concerns about the durability of global petroleum supplies. Brent crude rose by more than 1% in early Asian trading on Monday, August 17, with renewed geopolitical uncertainty providing fresh support to prices....
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GNPC Sees Voltaian Basin as Ghana’s Next Petroleum Frontier
Ghana’s National OilCompany is positioning the Voltaian Basin as the country’s most important long-term upstream frontier, arguing that the underexplored basin could reshape Ghana’s petroleum future at a time when global investment capital is becoming increasingly selective.According to the report, Ghana National Petroleum Corporation (GNPC) Chief Executive Kwame Ntow Amoah said the basin represents a...
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Ghana’s refining capacity yet to shield fuel market from global shocks – CEMSE
Ghana’s growing refining capacity will improve fuel security but cannot yet fully shield the country from global petroleum market shocks, Benjamin Nsiah, an energy expert, has said. He said local refineries operating at full capacity could meet about 60 per cent of current domestic petroleum demand, leaving the country dependent on imports for the remainder.Mr...
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Jinapor Engages Upstream Petroleum Chamber on Oil Production, Gas Supply and Sector Reforms
The Minister for Energy and Green Transition, Dr. John Abdulai Jinapor, has held discussions with the Ghana Upstream Petroleum Chamber on measures to strengthen the country’s upstream petroleum sector and attract increased investment. The engagement provided an opportunity for the Minister to review developments in the upstream industry since the government assumed office, outline interventions...
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Henos Launches Ghana’s First Drive-Thru LPG Outlet
Henos Energy has commissioned Ghana’s first Drive-Thru Cylinder Distribution Outlet (CDO) at East Legon Hills, introducing a new approach to LPG distribution that could change how urban consumers access cooking gas. The facility operates under the National Petroleum Authority’s (NPA) Cylinder Recirculation Model (CRM), allowing motorists to exchange empty cylinders for filled ones without leaving...