Energy
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Reversing utility tariff hikes might be difficult – PURC
The Public Utilities Regulatory Commission (PURC) has stated that reversing the proposed utility tariff hike for the third quarter of this year may be extremely difficult.
We’re working to keep the lights on – Energy Ministry assures full restoration
The Spokesperson and Communications Director at the Ministry of Energy, Richmond Rockson, has assured Ghanaians that government is working to stabilise power supply and restore electricity in affected areas following recent disruptions in parts of the country.
Expedite 1,200 MW gas projects in 2026 budget – Energy economist to gov’t
Energy economist Kofi Ntow Kwaning has urged government to accelerate the implementation of its planned 1,200 megawatt gas-fired power generation projects, warning that delays could have serious long-term consequences for Ghana’s energy security and economic stability.
Energy economist calls for clear timelines on power restoration
Energy economist Kofi Ntow Kwaning has called for the establishment of clear and reliable timelines for power restoration efforts, warning that continued uncertainty is affecting planning for businesses, industries, and households.
One dead, six injured in blast at Rotterdam petroleum storage facility
A blast at a storage facility for petroleum products at the Netherlands' Rotterdam port killed one person and wounded six others on Thursday, officials said, as police investigated the cause of the explosion.
NPA reduces price floor from August 16, petrol to sell at GH¢ 13.92, diesel pegged at GH¢ 15.19
This represents more than a 4.1% cut in the benchmark for setting prices of petroleum products, as agreed with industry players. It also means the price of petrol has been reduced by GH¢ 0.61.
Oil prices jump after US launches new attacks on Iran
Oil prices have jumped after the US carried out new attacks on Iran, targeting a military site in Bandar Abbas, a strategic port city.
Ghana’s oil trade position close to net neutral in near term – Fitch
In its article titled “African Banks Could Be Affected in Prolonged Iran War Scenario”, Fitch said African banks’ ratings are often closely linked with those of their respective sovereigns.
GNPC Explorco, LubriMax, WEP seal deal for Ghana’s first onshore Voltaian Basin drilling
Explorco, the upstream exploration subsidiary of the Ghana National Petroleum Corporation (GNPC), has signed a project management consultancy contract with LubriMax Ghana Limited and its technical partner, Well Engineers and Planners, to commence drilling activities in the Voltaian Basin.
NPA didn’t scrap fuel discounts, it corrected an error – Oil Marketing Chamber CEO
The CEO of the Ghana Chamber of Oil Marketing Companies, Dr Riverson Oppong, has rejected claims that the National Petroleum Authority (NPA) has scrapped fuel discounting.
Energy Minister John Jinapor likely to suspend some fuel margins today
Energy Minister John Jinapor is expected to announce a temporary suspension of some margins on petroleum pricing today, in what could bring relief to consumers over the next four weeks.
Eni and partners approve new development phase for Ivory Coast project
Italy's Eni said on Monday that it and partners Petroci and Vitol have approved the final investment decision for the third phase of the Baleine project in the Ivory Coast