Oil & Gas

The President John Mahama says the New Patriotic Party (NPP) government left behind a staggering GH¢70 billion energy sector debt as at the end of December 2024.

The government will, next week, commence negotiations with officials of N-Gas Limited of Nigeria to pay $37.5 million, being part of the debt owed for the supply of gas to power plants in Ghana. 

The West Africa Gas Pipeline Company Limited (WAPCo) has stated that ongoing maintenance work on the gas pipelines will be completed on March 02, 2025, as 70 per cent of the work has since been completed.

Mr Claudio Descalzi, the Chief Executive Officer (CEO) of Eni, an Italian multinational energy company, has paid a courtesy call on President John Dramani Mahama in Accra. 

The government plans to undertake major review in the petroleum downstream to conform to modern trends, Mr John Abdulai Jinapor, the Minister of Energy and Green Transition, has announced.

The Public Interest Accountability Committee (PIAC) says Free Senior High School (SHS) programme continues to be the major recipient of funding from Ghana's oil revenue.

The African Centre for Energy Policy (ACEP) has expressed concern over the Bulk Oil Storage Company’s (BOST) shift in mandate and its call for privatization. 

A new report from the Africa Centre for Energy Policy (ACEP) has revealed an increase in fuel-related levies and margins imposed by the Ghanaian government, leading to increased fuel prices for consumers.  

President John Dramani Mahama has assured Independent Power Producers (IPPs) of the Government's support towards generating the needed energy to boost the country’s electricity supply.

The government on Wednesday assured Ghanaians of measures being taken to ensure the availability of liquid fuels for the maintenance of the West Africa Gas Pipeline.