Dangote Group has signed a $350 million deal with Indian engineering firm EIL to expand its flagship refinery and petrochemicals complex in Lagos, a move set to boost Nigeria’s industrial capacity and reduce Africa’s reliance on imported refined fuels.State-owned Engineers India Ltd (EIL) said on Saturday that it has renewed a $350 million contract with...
Category: Oil and Gas
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Gov’t assures minimal disruption as WAPCo undertakes planned maintenance
The Ministry of Energy and Green Transition and the Ghana Grid Company Limited (GRIDCo) have assured the public of minimal disruption to electricity supply ahead of scheduled maintenance works by the West African Gas Pipeline Company (WAPCo). In a statement issued on Saturday, January 17, 2026, GRIDCo said it had been formally notified by WAPCo...
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COMAC Board, Management Hold Strategic Retreat to Chart 2026 Agenda
The Board and Management of the Chamber of Oil Marketing Companies (COMAC) have held a two-day strategic retreat at the Peninsula Resort in Akosombo, aimed at setting the organisation’s priorities and operational direction for 2026.The retreat featured a formal Board meeting at which members reviewed key governance issues, approved strategic initiatives, and offered policy guidance...
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NPA Chief Commends TOR Management During Working Visit on Operations Revival
The Chief Executive Officer of the National Petroleum Authority (NPA), Mr. Edudzi Kudzo Tameklo, has led a management team from the authority on a working visit to the Tema Oil Refinery (TOR) to assess progress toward the resumption of the refinery’s operations. The visit highlighted ongoing regulatory collaboration between the NPA and TOR, as well...
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Dangote Refinery expansion begins
All is set for the commencement of the planned expansion of Dangote Refinery production capacity from 650,000 barrels per day (bpd) to 1.4 million bpd in the next three years.The move, according to refinery management, comes alongside investments in petrochemicals such as polypropylene, base oils and liquefied petroleum gas (LPG). The management also reaffirmed its...
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Star Oil pays GH¢ 2.6 billion in taxes and levies for 2025
Star Oil pays GH¢ 2.6 billion in taxes and levies for 2025. The announcement was captured in a post on Star Oil’s social media page on, January 14, 2026. The data also showed that Star Oil paid GHC 41 million in corporate income tax on its operations in 2025. In terms of withholding tax and...
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Benin Offshore Oil Production Resumes After Three Decades
Oil production offshore Benin, Nigeria’s neighbor to the west, is set to begin by the end of January, the field operator said on Monday in what would be the first oil from the redeveloped field after it was shut down in 1998. Akrake Petroleum expects to start production at the Seme Field in Block 1...
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COMAC Raises Alarm Over GRA Enforcement, Warns of Risks to Industry Stability
The Chamber of Oil Marketing Companies (COMAC) has raised concerns over what it describes as ongoing regulatory challenges with the Ghana Revenue Authority (GRA), warning that the issues pose a threat to operational stability and fairness within the petroleum downstream sector.In a press release signed by the industry regulator Dr. Riverson Oppong, the Chamber said...
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TEN Partners Agree to Acquire FPSO, Target Lower Operating Costs from 2026
Partners in Ghana’s Tweneboa, Enyenra and Ntomme (TEN) oil fields have reached an agreement on final sale and purchase terms to acquire the floating production, storage and offloading (FPSO) vessel currently deployed at the field, ahead of the expiry of its lease in 2027, according to Kosmos Energy. In its operational and financial update released...
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Ghana secures bigger share of Jubilee as oil licences extended to 2040
Ghana is set to increase its stake in the Jubilee oilfield as part of a licence extension agreement that will allow continued production from the country’s flagship offshore assets well into the next decade, while also supporting efforts to arrest output decline through additional drilling. The government has approved extensions to the West Cape Three...