Energy
Stories in this category
Gov’t loses over GH¢600m in taxes from unaccounted petroleum products
Government lost more than GH¢600 million in tax revenue in 2025 due to 199 million litres of unaccounted petroleum products, according to the 2025 Petroleum Product Analysis Report sighted by Joy Business.
Gradual recovery signals shift in fortunes of Tema Oil Refinery
For years, the Tema Oil Refinery stood as a symbol of uncertainty—caught between arguments for privatisation and calls to preserve it as a national asset. Once labelled a burden on the state, the refinery is now showing early signs of a comeback, though the journey remains far from complete. What is unfolding today is...
Explorco to start Voltaian Basin oil drilling in 2026 as Sentuo refinery expands to 100,000 barrels per day
President John Dramani Mahama has announced that Explorco, the exploration subsidiary of the Ghana National Petroleum Corporation (GNPC), will begin onshore drilling activities in the Voltaian Basin before the end of 2026 as part of efforts to determine the commercial viability of petroleum reserves in the area . The P...
Temporary power interruptions expected in Tema over GRIDCo maintenance
The Ghana Grid Company Limited (GRIDCo) has announced that it will undertake emergency maintenance works at the Smelter II Substation in Tema on Wednesday, May 27, 2026, as part of efforts to improve power supply reliability and strengthen the country’s transmission network.
GRIDCo commissions 145MVA transformer at Afienya substation
The Ghana Grid Company (GRIDCo) has successfully installed and commissioned a new 120/145MVA Siemens Energy power transformer at the Afienya Substation.
GOIL proposes GH¢23.5m dividend, profit rises to GH¢90.67 million
Shareholders of GOIL PLC are set to receive a final dividend of GH¢0.060 per share following a strong financial performance in 2025, despite challenging conditions in the petroleum sector. The total dividend to be paid amounts to GH¢23.5 million. According to highlights from the company’s 57th Annual General Meeting (A...
Dumsor looms? Energy sector insiders allege gas supply challenges lead to shedding of nearly 200MW daily
Insiders in the energy sector have expressed serious concern over a looming power crisis, following challenges in adequate gas supply. Many areas in the Greater Accra Region and some parts of the Ashanti Region have been experiencing intermittent power outages in the past weeks, and the situation is getting worse, with...
Adawudu backs ‘innovative’ fuel price intervention, urges long-term refinery strategy
Managing Partner at Lord & Lords Legal Practice and a member of the NDC Legal and Communication Committee, Victor Kwadjoga Adawudu, has described the government’s recent move to reduce fuel prices as a “creative” short-term intervention, while cautioning that Ghana must prioritise domestic refining capacity to reduce l...
Government agencies making progress in paying GOIL debts – CEO
“People owe us and we also owe people. Most agencies are trying to settle debts, and we are working to ensure we stay liquid at all times,” he said.
AFF pilot projects show nature-based solutions can restore ecosystems and improve livelihoods
Nature-based solutions implemented across forest landscapes in Tanzania, Kenya and Rwanda have shown how ecosystem restoration can go hand in hand with improved livelihoods and climate resilience, according to findings from pilot projects implemented by the African Forest Forum (AFF) between 2023 and 2025. The projects...
Mahama recommends female NSS person for automatic employment after Akosombo recovery efforts
President John Dramani Mahama has recommended automatic employment for a female National Service Scheme (NSS) personnel who distinguished herself during recovery efforts following the fire outbreak at the Akosombo substation.
Royal estates rent out homes that fail to meet legal energy efficiency standards
Exclusive: More than 100 homes on King Charles and Prince William’s inherited estates have EPC ratings of F or G ‘It’s archaic’: the struggle to heat poorly insulated homes let by royal estates More than 100 homes on the inherited royal estates of King Charles and Prince William fail to meet the legal minimum energy st...