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Oil & Gas

GOIL, Star Oil slash fuel prices as cedi strengthens

Motorists across Ghana can now enjoy lower fuel prices as GOIL and Star Oil, two leading oil marketing companies (OMCs),…

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Fuel prices in Ghana to drop by up to 9% – ASEC forecast

According to a forecast by the Africa Sustainable Energy Centre (ASEC), Ghanaians could see a drop in fuel prices of…

ENI and Tullow resume drilling at Jubilee and OCTP Fields

ENI Ghana and Tullow Ghana Limited have restarted oil drilling operations in the Jubilee and Offshore Cape Three Points (OCTP)…

Tullow resumes drilling in Jubilee Oil Field

Tullow Ghana and its partners have resumed drilling in the Jubilee Field, kicking off a new two-year campaign aimed at…

Ghana’s oil revenue threatened by price drop in 2025

Ghana’s oil revenue for 2025 faces serious risks as the World Bank projects a sharp drop in global crude oil…

GNPC debt soars to $1.25 billion as government fails to repay loans

The government’s debt to the Ghana National Petroleum Corporation (GNPC) has ballooned to $1.25 billion as of December 2024, sparking…

BoG pumps $20m into FX market to boost fuel supply and stabilise cedi

The Bank of Ghana (BoG) has released $20 million into the foreign exchange market to support eleven Bulk Oil Distribution…

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