Ghana’s downstream petroleum recovery and gas monetisation efforts converged in Tema on 27 January when the Managing Director of the Tema Oil Refinery (TOR), Mr. Edmond Kombat, Esq., paid a strategic courtesy call on the Chief Executive Officer of Ghana Gas, Ms. Judith Adjobah Blay. The engagement sought to strengthen institutional collaboration between the two...
Category: Oil and Gas
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From Farm-ins to First Oil: How Collaboration is Driving Namibia’s Upstream Development
As Namibia targets first oil production by 2029, collaboration has emerged as one of the defining forces shaping the country’s upstream trajectory. With deepwater exploration characterized by high capital intensity, complex geology and long development timelines, partnerships are no longer optional – they are essential. As the country advances towards first oil, platforms such as...
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Energy Minister Commissions Ghana’s First CNG Facility to Drive Clean Energy Transition
Policy & Impact Focus The Minister of Energy and Green Transition, Mr. John Jinapor, has joined Tetracore Gas Ghana Limited to commission Ghana’s first-ever Compressed Natural Gas (CNG) facility, marking a major milestone in the country’s energy transition.The commissioning of the facility represents a decisive step towards providing cleaner, more affordable, and reliable energy, while...
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Guyana produced 261.1 million barrels of crude in 2025 – Dr. Ashni SinghShikema Dey
An estimated 261.1 million barrels of oil were produced in 2025, according to figures presented during Guyana’s 2026 National Budget. Senior Minister within the Office of the President with responsibility for Finance, Dr. Ashni Singh, disclosed the production data as he outlined the performance of the oil and gas sector during a reading of the...
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GRIDCO Congratulates TOR on Resumption of Refinery Operations
The Board and Management of the Ghana Grid Company Limited (GRIDCO) on Wednesday, January 21, 2026, paid a courtesy visit to the management of the Tema Oil Refinery (TOR) in Tema. The visit was to officially congratulate TOR on the successful restoration of refinery operations following a prolonged shutdown, a development described as a significant...
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Trump Slashes Clean Energy Loans, Bets Big on Gas and Nuclear
The Trump Administration continues to revise, restructure, and cancel billions of U.S. dollars of Biden-era loans and funding commitments to clean energy projects as the United States shifted its policy to supporting fossil fuels and nuclear power as part of its energy dominance agenda. In the latest instalment of canceled or revised funding, the Department...
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Libya signs 25-year oil deal with Total Energies and Conoco Phillips
Libya signed a 25-year oil development agreement on Saturday with France’s TotalEnergies and U.S.-based ConocoPhillips, involving more than $20 billion in foreign-financed investment, Prime Minister Abdulhamid al-Dbeibah said.Signed through Waha Oil Company, the deal is aimed at boosting production capacity by up to 850,000 barrels per day (bpd) and is expected to generate net revenues...
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COMAC Chairman Calls for Calm as Chamber Moves to Resolve Dispute Between Major Oil Marketers
The Board Chairman of the Chamber of Oil Marketing Companies (COMAC), Gabby Kumi, has called for calm amid rising tensions involving two major players in Ghana’s downstream petroleum sector, Star Oil and GOIL.Speaking to Energy Crossroad, Mr Kumi noted that the two companies together control nearly 30 per cent of Ghana’s downstream petroleum market, warning...
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Nigeria’s oil output drops 8.3% to 1.544m bpd
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the oil and gas industry regulator, says Nigeria’s oil output, including condensate, dropped significantly by 8.3 percent year-on-year (YoY) to 1.544 million bpd in December 2025 from 1.684 million recorded in the corresponding period of 2024. The Commission did not provide reasons in its report released yesterday, but...
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COMAC to Hold Emergency Meeting on Fuel Price Floor as Internal Divisions Deepen
The Chamber of Oil Marketing Companies (COMAC) will convene an emergency meeting on Wednesday, January 21, 2026, to adopt a unified position on the Petroleum Price Floor Programme, amid growinginternal disagreements over the policy. The meeting follows concerns from sections of the Chamber, with some members backing the price floor while others are pushing for...