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Crude and Refined Products Price Review and Outlook International crude oil prices plummeted...
The Energy Minister, Dr. Matthew Opoku Prempeh has issued a stern warning to workers of struggling Tema Oil...
Discussions have reached an advanced stage to secure a strategic partner for the Tema Oil Refinery (TOR). The...
Chairman of the Civil Society Platform on Oil and Gas, Dr Steve Manteaw says an analysis of the country’s oil...
The Chamber of Petroleum Consumer (COPEC) has described the government’s proposed 30 pesewas per litre levy...
Government is proposing a new tax on petroleum products following the 2021 budget. This new tax, the Sanitation...
The combined effect of the proposed sanitation and pollution levy; and the excess capacity levy will be an...
The National Petroleum Authority (NPA) has rescinded the operating licenses of some five Bulk Oil Distribution...
The Secretary-General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene says it is about time...
A Deputy Minister of Energy, Mohammed Amin-Adam has said the New Patriotic Party (NPP) government has effectively handled the affairs of the Tema Oil Refinery (TOR) better than the previous National Democratic Congress (NDC) government. Speaking at an event dubbed ‘The Energy Manifesto Town Hall’ organized by the Chamber of Bulk Oil Distributors (CBOD) and its...
The government has begun exploring new avenues in a fresh bid to release the Electricity Company of Ghana (ECG) to a private concessionaire for management. This is after a similar move in the past failed amidst controversies and allegations of fraud. A Deputy Minister of Energy in charge of petroleum, Dr Mohammed Amin Adam, said...
The Bulk Oil Storage and Transportation (BOST) Company Limited in the Republic of Ghana, which was choking on huge legacy debts under the former administration, is now breathing as greater part of its debts has been cleared. The state-owned strategic petroleum stock keeping company had a debt portfolio of about US$623,602,303 when the current administration...
Ghana’s Deputy Minister for Energy in charge of Petroleum, Dr. Mohammed Amin Adam says the ruling party, New Patriotic Party (NPP), manages the country’s energy sector better than the opposition political party, NDC, anytime the former is in power. According to him, when the NDC is in power, it mismanages the energy sector, but when...
The Deputy Minister for Energy in charge of Petroleum Dr Mohammed Amin Adam says Ghana is forced to cough up more than 500million dollars every year to pay for excess capacity from the Take or Pay power agreements. He blamed the situation on the “unsolicited power purchasing agreements” the erstwhile Mahama administration signed with the...
Deputy Minister for Energy in Charge of Petroleum, Dr Mohammed Amin Adam has said government has injected liquidity support of Gh¢4million into Electricity Company of Ghana (ECG) to keep it afloat. The sector minister said the support was made after government settled all of its indebtedness to ECG, including the GH¢ 2.63 billion it inherited...
The Deputy Minister of Energy in charge of Petroleum Dr Mohammed Amin Adam says, up to date, they are still wondering how the previous NDC administration managed to bring Tema Oil Refinery (TOR) on its knees before exiting power in 2016. He said the NPP government inherited accumulated TOR debt of $345 million from the...
The Deputy Minister of Energy in charge of Petroleum, Hon. Mohammed Amin Adam is entreating Ghanaians to vote for the New Patriotic Party (NPP) government in the upcoming general election to sustain the gains in the energy sector. He said the NPP government inherited huge debts from the previous NDC administration that choked ECG to...
Liquefied Petroleum Gas (LGP) stations without trained and certified attendants would soon be closed down, the Environmental Protection Agency (EPA) has announced. It said the EPA would renew the environmental permits of LPG stations based on the evidence of training of the staff of the company. These were in a speech read on behalf of...
Market Outlook – 1st to 15th May 2026 Pricing Window
Crude and Refined Products Price Review and Outlook International crude oil prices plummeted significantly by about 12.33% in the period under review, averaging around USD114…
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