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…
