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Oil & Gas

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…

Ghana losing appeal for oil investors – Dr. Manteaw warns

According to Dr. Steve Manteaw, Co-chair of the Ghana Extractive Industries Transparency Initiative (GHEITI), Ghana is losing its shine as…

Ghana’s upstream petroleum investment jumps 181% in 2024, driven by ENI operations

Investment in Ghana’s upstream petroleum sector surged by an impressive 181% in 2024, rising from US$32 million in 2023 to…

TOR MD Yussif Sulemana reassigned to Energy Ministry; Edmond Kombat named Acting MD

Dr. Yussif Sulemana, the Managing Director of Tema Oil Refinery (TOR), has been reassigned to serve as a Technical Advisor…

Mahama appoints Charlotte Osei, 8 others to Ghana Gas Board

President John Dramani Mahama has appointed former Electoral Commission Chairperson, Mrs. Charlotte Osei as a member of the newly constituted…

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