Ghana has commissioned its first-ever Compressed Natural Gas (CNG) facility, marking a major milestone in the country’s energy transition and efforts to expand access to cleaner and more affordable energy. The $15 million facility, located at the Kpone Industrial Area, is owned by Tetracore Gas Ghana Limited, a subsidiary of Nigeria-based Tetracore Energy Limited. It …
Morocco ranked 10th among the world’s largest diesel-importing countries in 2025, following an increase of about 20,000 barrels per day, according to a recent report by the Attaqa energy platform. The report said Morocco’s seaborne diesel imports reached an average of 99,000 barrels per day in 2025, up from 79,000 barrels per day in the …
The Ministry of Energy and Green Transition has held a strategic engagement with the Petroleum Hub Development Corporation (PHDC) to review the Corporation’s performance in 2025 and align priorities for 2026 as part of its broader sector development agenda. The engagement formed part of the Ministry’s strategic planning process and focused on assessing implementation progress, strengthening …
The Ghana National Petroleum Corporation (GNPC) has begun a high-level, weeklong technical engagement with a delegation from Brazil’s national oil company, Petrobras, aimed at deepening bilateral cooperation and strengthening technical collaboration between the two national oil companies. The engagement, which runs from January 19 to 23, 2026, marks a significant step in revitalising a longstanding …
Policy and Natural Resource Governance expert, Dr. Steve Manteaw, has warned that removing the National Petroleum Authority’s (NPA) minimum price floor for petrol could favor large oil marketing companies (OMCs) while undermining smaller competitors. Speaking amid the public debate between GOIL and Star Oil over fuel pricing, Dr. Manteaw drew on international examples to highlight …
A tanker loaded with diesel has fallen on the Liverpool Bridge in the Apapa area of Lagos State, spilling its contents on the road. The incident, which occurred on Monday, saw residents of the area scooping the inflammable contents without considering the associated risks. Disclosing this in a statement via X, the Lagos State Traffic …
A public exchange between the Managing Directors of GOIL and Star Oil has intensified debate within Ghana’s downstream petroleum sector over fuel pricing, competition, and the National Petroleum Authority’s (NPA) price floor policy. Managing Director of GOIL, Edward Abambire Bawa, in a social media post, questioned claims by some oil marketing companies (OMCs) that fuel …
The Minister in Charge of Government Communications, Felix Kwakye Ofosu, has stated that the GH₵1-per-litre Energy Sector Shortfall and Debt Repayment Levy has been effectively utilised and has contributed significantly to stabilising Ghana’s electricity supply. The levy was introduced to raise additional funds to support fuel purchases for thermal power plants and to clear outstanding …
The Bank of Ghana (BoG) has released official figures showing that Ghana’s Domestic Gold Purchase Programme (DGPP), including its Gold-for-Oil (G4O) and Gold-for-Reserves (G4R) components, recorded significant financial losses between 2022 and 2024, contradicting claims by the NPP Minority Caucus that the programme incurred no losses.In a response dated January 12, 2026, to a Right …
Nigeria's anti-graft agency will press ahead with a probe into the former head of the downstream oil regulator, even after billionaire Aliko Dangote's lawyers withdrew a petition that triggered the investigation, a spokesperson said on Thursday. The anti-graft agency (ICPC) confirmed receiving a January 5 letter from Dangote's lawyer withdrawing a complaint against ex-regulator Farouk …
