Oil & Gas

A joint analysis by the United Nations Development Programme (UNDP) and KPMG, an auditing firm, has affirmed the government’s strategic shift from light crude oil to domestically produced natural gas for power generation.

The government, through the Ghana National Petroleum Corporation (GNPC) and its upstream subsidiary GNPC Explorco, is in discussions with Springfield Exploration and Production Limited (SEP) over a possible State-led acquisition of SEP’s…

The Human Rights Court (2) has reduced the bail of Dr Edwin Provencal, former Managing Director of the Bulk Oil Storage and Transportation (BOST) Company Limited, from GH¢60 million to GH¢30 million.

Members of the Public Interest Accountability Committee have elected Mr Richard Ellimah as their new Chairperson for the next one year.

Parliament on Tuesday, adopted a report for the review of the Petroleum Revenue Management Act, Act 815 to allow government to invest Ghana's petroleum revenues in areas that deliver maximum earnings. 

Dr Mustapha Abdul-Hamid, former Chief Executive Officer of the National Petroleum Authority (NPA), has filed an application at the Criminal High Court seeking the release of his passport.

Dr. John Abu Jinapor, the Minister for Energy and Green Transition has hinted that Ghana's oil sector has witnessed a sharp decline in 2025. 

Dr Toni Aubynn, Chief Executive Officer of the Petroleum Hub Development Corporation (PHDC). has described the Petroleum Hub project as a transformative venture that will position Ghana as a major energy and petrochemical hub in Africa.   

Ghana lost a colossal amount of $1.4 billion in the past year, and could lose up to $2 billion next year if the country does not execute the long-awaited policy reforms in the energy sector, the World Bank has warned.

Mr Kwame Ntow Amoah, the Chief Executive Officer of Ghana National Petroleum Corporation (GNPC), has expressed his desire to deepen cooperation among Africa's oil-producing countries.