The arrival of MT Asharami Ghana, a 40,000-cubic-metre LPG carrier carrying 5,000 metric tonnes of LPG, reinforces Ghana’s growing role as a regional energy and logistics hub while strengthening supply security across West Africa. Purpose-built to serve Ghana and neighbouring markets, the vessel supports regional efforts to improve LPG availability and enhance energy security in…
Tullow Oil is seeing early signs that its decision to build the company more tightly around Ghana is beginning to deliver results, with stronger production, better well performance and higher oil prices helping the West Africa-focused producer return to positive free cash flow in the first half of the year. The London-listed oil company reported…
Oil giants Chevron and Shell have signed a preliminary, non-binding agreement with Ghana over potential production rights in the South Deepwater Tano Cape Three Points (SDT-CTP) oil and gas block. The memorandum of understanding was signed with the Ghana National Petroleum Corporation (GNPC) as the government works to attract fresh investment and reverse declining oil…
Star Oil and GOIL have announced new fuel prices following the NPA’s revised August 2026 price floors. Here’s the latest prices. Motorists across Ghana will pay more for fuel from August 1, 2026, after major Oil Marketing Companies (OMCs) announced new pump prices following the National Petroleum Authority’s (NPA) upward adjustment of benchmark fuel price…
Construction of the first phase of the 1,500-megawatt Buipe Solar Power Project is set to begin in August 2026, Presidential Advisor on the 24-Hour Economy and Accelerated Export Development, Augustus Goosie Tanoh, has announced. The project, being developed under the government’s 24-Hour Economy and Accelerated Export Development (24H+) Programme, is expected to significantly reduce electricity…
Oil prices fell in early trading on Thursday after the U.S. and Iran signed an interim agreement that would end the Iran war, reopen the Strait of Hormuz, and waive U.S. sanctions on Tehran’s oil, resolving the largest energy supply disruption in history. Brent crude futures were down 89 cents, or 1.12%, at $78.66 a…
The price floor for petrol, diesel and liquefied petroleum gas (LPG) for the second pricing window of June has been reduced, reflecting favourable international market developments and changing market dynamics. This is according to the latest release by the National Petroleum Authority (NPA). The benchmark price floor for diesel has been set at GH¢15.11 per…
The Ghana National Petroleum Corporation (GNPC) and its partners have committed more than $3.5 billion in investments to increase oil and gas production as Ghana seeks to meet growing energy demand and strengthen energy security. Speaking at the West Africa Gas Summit (WAGS) 2026 in Accra, Deputy Chief Executive Officer for Finance, Commercial and Administration…
