
Government Eyes Full Power Producer Payments Following $240M Energy Savings
Government says reforms in Ghana's energy sector have generated more than $240 million in savings while improving payments to Independent Power Producers.

Government says reforms in Ghana's energy sector have generated more than $240 million in savings while improving payments to Independent Power Producers.

Gold Fields Ghana says it has invested more than US$110 million in host communities as it makes the case for renewing its Tarkwa mining leases.

Gold Fields Ghana says its Tarkwa lease renewal proposal reflects years of engagement with traditional authorities and communities as it responds to concerns raised by the Apinto Divisional Council.

COMAC says fuel prices are likely to increase further as global oil market volatility, rising supply costs and shrinking margins put pressure on oil marketing companies.

Energy analyst Mohammed Issah warns that price-led competition in Ghana's fuel market is a "race to the bottom" and calls for a shift toward brand equity.

Ghana’s energy sector projects are adding thermal generation, replacing damaged transformers, expanding LPG access and supporting renewable energy integration, according to the 2026 Mid Year Fiscal Policy Review.

Ghana has presented its local content model at the 2026 Mining Local Content Compliance Forum in Tanzania, highlighting supplier development, value addition and stronger participation by local businesses.

Ghana has secured more than US$3.5 billion in new upstream oil and gas investment commitments as government introduces reforms to boost production and attract investors.

ACEP and NRGI have urged Ghana to enact a Mineral Revenue Management Act, warning that rising dependence on gold without stronger governance could undermine long-term economic stability.

Growing uncertainty over oil flows through the Strait of Hormuz is making the Middle East oil market increasingly difficult to assess, Reuters columnist Ron Bousso warns.

The Minerals Income Investment Fund recorded GH₵5.39 billion in mineral royalties in the first half of 2026, surpassing its target by 186.1% as strong gold prices and improved compliance boost revenue.

ECOWAS Heads of State have signed the Intergovernmental Agreement for the African Atlantic Gas Pipeline, moving the 6,900-kilometre regional energy project closer to implementation.

Ghana ranked 85th in the 2026 Energy Transition Index after recording significant progress in energy access and human capital, although grid reliability and affordability remain key challenges.

Ghana International Petroleum Conference 2026 showcased the importance of the downstream petroleum sector, with industry leaders praising the National Petroleum Authority for fostering dialogue and investment.

Ghana is intensifying efforts to become West Africa's leading downstream petroleum hub, with the National Petroleum Authority calling for greater investment, innovation and infrastructure expansion.

The Kumasi–Anwomaso Transmission Line Upgrade is entering its final phase, with residents advised to expect temporary power interruptions as GRIDCo completes critical works.

Tema Oil Refinery has received one million barrels of Ghana's Jubilee crude as government pushes to strengthen local refining, energy security and value addition.

The Minerals Income Investment Fund has hosted a Zambian government delegation to share Ghana's mineral royalty management model and strengthen cooperation on natural resource governance.

Energy Minister Dr John Abdulai Jinapor has called for stronger investment, innovation and policy reforms to build a resilient downstream petroleum sector in Ghana.

Ghana expects the Tema Oil Refinery and Sentuo Oil Refinery to meet about 70% of domestic fuel demand as government pushes to expand local refining capacity.

The Ghana Chamber of Mines has launched the 12th Ghana Mining Industry Awards, with nominations now open to recognise excellence across the mining sector.

GoldBod has signed a GH¢8.4 million agreement with Ghana Water Limited to rehabilitate three major water supply systems in the Western and Central Regions.

Ghana has unveiled a Green Minerals Roadmap aimed at ending raw mineral exports by 2030, boosting local processing, electric vehicle manufacturing and sustainable mining.

Nigeria oil production rose to a six-year high in June, averaging 1.56 million barrels per day of crude and exceeding its OPEC quota as stable operations and improved pipeline reliability boosted output.

Petroleum Commission Ghana and the Petroleum Commission of The Gambia have signed an MoU to strengthen cooperation, technical capacity and regulation in the upstream petroleum sector.

Ghana fuel market faces renewed uncertainty as US-Iran tensions keep global crude oil prices volatile. COMAC says Ghana has enough fuel stocks but warns against premature price hikes.

ACEP and Solar Taxi have graduated the first cohort of 24 young women under the Green Energy Technology Capacity Development Program, equipping them with practical skills in electric vehicle, battery and solar technologies.

The Energy Commission of Ghana has signed an MoU with Abu Dhabi-based Global South Utilities to deepen cooperation in energy transition, technical collaboration and sustainable investment.

TotalEnergies Marketing Ghana Plc will pay a final dividend of GH¢2.3375 per share to eligible shareholders on or before August 24, 2026, following approval at its 50th AGM.

The Africa Extractives Media Fellowship has inaugurated Cohort II with 50 new fellows and announced new partners including the University of Queensland and NRGI, while parent company NewsWire Africa unveiled DipJournal and plans for a continental media ecosystem.

The Africa Extractives Media Fellowship has graduated its first cohort of journalists in Accra, after six months of field training at the Ewoyaa Lithium Project, Tema Oil Refinery, and with satellite mapping tools from Digital Earth Africa.

Africa Extractive Media Fellowship is helping Ghanaian journalists deliver accurate, evidence-based reporting on the extractive sector, Australian High Commissioner Berenice Owen-Jones has said.

Tema Oil Refinery and the Ghana National Petroleum Corporation have reaffirmed their commitment to closer collaboration in support of domestic crude refining and energy sector sustainability.

Nigeria has joined the International Energy Agency as an Association country, strengthening global energy governance and expanding cooperation on energy security, renewables and sustainable development.

GOIL and StarOil have reduced fuel prices as Ghana enters the first pricing window of July 2026, driven by lower global crude oil prices and a stronger cedi.

Tema Oil Refinery has presented nine years of audited financial statements, with the government reaffirming its commitment to modernising and recapitalising the state-owned refinery to strengthen Ghana's energy security.

Fuel prices are expected to decline from July 1, 2026, as falling global crude oil prices and a stronger cedi drive projected reductions in petrol, diesel and LPG prices, according to COPEC.

Chinese Ambassador Cong Song says China supports Ghana’s drive for energy self reliance as Phase Two of the Sentuo Oil Refinery boosts local refining capacity to 100,000 barrels per day.

The Ghana Gold Board has signed a landmark agreement with the Ghana Chamber of Mines to purchase 30% of gold output from large scale mining companies, boosting reserves and supporting local refining.

Fitch reports that Ghana's macroeconomic fundamentals remain relatively shielded from global energy market disruptions caused by the US-Iran conflict, with inflation staying well below historical averages despite rising fuel costs.

Deputy Finance Minister Thomas Ampem Nyarko says the Gold Board purchased over 135 metric tonnes of gold between January 2025 and May 2026, generating more than $10 billion and boosting Ghana’s foreign reserves.

GHEITI Co-Chair Dr. Steve Manteaw says the misuse of mineral royalty revenues by district assemblies is preventing meaningful development in Ghana’s mining communities.

Government says the Energy Sector Shortfall and Debt Repayment Levy generated GH¢8.81 billion in 2025, while total spending on energy sector shortfalls and legacy debt reached GH¢22.67 billion.

GoldBod will replace live gold price updates with LBMA Gold Price AM and PM benchmarks from July 1, 2026, publishing two official cedi purchase prices daily and enforcing compliance under Act 1140.

PURC says electricity tariffs will rise by 3.49% from July 1, 2026 after its Q3 review, driven by exchange rate movements, inflation, generation mix and natural gas costs.

GoldBod has met licensed gold traders to improve transparency and fairness in Ghana’s ASM gold trade, including adopting the LBMA pricing formula and recording trades within the LBMA window.

Energy Minister John Abdulai Jinapor says Africa's energy transition must prioritise energy access, industrialisation, job creation and affordability while advancing sustainability goals.

Ghana Gold Board has secured international backing for its responsible sourcing, traceability, and artisanal mining reforms at the 2026 LBMA Sustainability & Responsible Sourcing Summit in London.

Ghana's Energy Minister says investments in transmission infrastructure and utility-scale solar are positioning Ghana as a regional electricity trader under the West African Power Pool, while power sector reform underpins President Mahama's Accra Reset industrial agenda.

Ghana's Energy Minister John Abdulai Jinapor says ongoing power sector reforms are already yielding measurable results, including stronger utility payment collections and improved investor confidence, as Ghana repositions as a regional industrial hub.

Fuel prices drop across Ghana as GOIL, Star Oil and Zen Petroleum cut petrol and diesel prices following lower global crude oil prices and revised NPA price floors.

The National Petroleum Authority has announced new ex-pump price floors for petrol, diesel and LPG for the June 16–30, 2026 pricing window, with diesel maintaining the highest floor price.

Gold prices climbed 2% after the United States and Iran reached a preliminary peace agreement, lowering oil prices, weakening the dollar, and boosting demand for bullion.

Oil prices dropped more than 4% after the United States and Iran announced an initial peace agreement that could reopen the Strait of Hormuz and restore global energy supplies.

ASEC's Executive Director Ing. Justice Ohene-Akoto is calling on GRIDCo and Ghana's energy sector to transition from reactive to predictive maintenance and build redundancy into critical grid infrastructure following the Akosombo Substation fire.

The Africa Sustainable Energy Centre says the Akosombo Substation fire resulted from pure engineering and structural failure, calling for immediate reforms to Ghana's transmission infrastructure, fire suppression systems, and protection coordination frameworks.

Ghana Gas CEO Judith Adjobah Blay has showcased Ghana’s energy investment opportunities at the Global Energy Show in Canada, highlighting major gas infrastructure projects and the country’s strategic role in West Africa’s energy sector.

Prestea Sankofa Gold Limited has signed an MoU with Kingmamo Resources Holdings to boost gold production, modernise operations and strengthen Ghana’s state-linked mining sector.

Tullow Oil says its Ghana drilling campaign is progressing strongly, with Jubilee production exceeding expectations and supporting higher-end 2026 output guidance.

Former Mines and Energy Committee Chairman Dr Kwabena Donkor says any renewal of Gold Fields’ Tarkwa mining lease must secure improved fiscal terms, stronger value retention, and greater benefits for Ghana.

Ghana has revised its 2026 petroleum revenue projection from US$985 million to US$1.5 billion amid rising global oil prices, with government also expecting economic growth to exceed 6%.

Energy Minister John Abdulai Jinapor says the delivery of Jubilee crude oil to Sentuo Oil Refinery marks a major step toward local value addition, energy security, industrialisation, and job creation in Ghana.

The National Petroleum Authority marked World LPG Day 2026 by reaffirming its commitment to expanding LPG access, enhancing safety standards, and advancing Ghana’s clean energy transition.

Ghana’s gold production reached a historic 5.94 million ounces in 2025, with the mining sector contributing GHS24.22 billion to government revenue as small-scale mining overtook large-scale operations.

Oil prices climbed sharply after renewed military exchanges between Iran and Israel heightened concerns over Middle East stability, threatening peace talks and raising fears over global oil supply disruptions.

Energy Minister Dr. John Abdulai Jinapor has directed developers of the Takoradi 900MW Power Plant to accelerate work and target completion by September 2027.

Finance Minister Dr. Cassiel Ato Forson has raised concerns over mining lease transfers after renewals, as government prepares to decide the future of the Tarkwa Mine and implement reforms to maximise mining revenues.

Ghana’s transition to clean energy presents an opportunity to localise the solar PV industry, create jobs, support SMEs, attract investment, and drive economic transformation, according to ACEP.

Mozambique has enacted a new mining law requiring a minimum 15% state stake in all mining ventures and mandating local mineral processing to boost national benefits from natural resources.

Energy Minister Dr. John Abdulai Jinapor says Ghana has secured over US$3.5 billion in oil and gas investment commitments as government reforms restore confidence in the energy sector.

Government says it will soon submit the Damang Gold Mine lease agreement to Parliament for ratification while defending continued operations at the mine following its takeover from Gold Fields.

Goldman Sachs says rising oil prices may be eroding demand, potentially offsetting the impact of tighter global supplies and creating downside risks for crude prices.

Ghana’s fuel market will see mixed adjustments in June 2026 as petrol and LPG price floors rise while diesel prices fall slightly under the latest NPA pricing outlook.

Energy Minister Dr John Abdulai Jinapor has praised workers and partners at Ghana’s TEN Fields after visiting the FPSO John Evans Atta Mills and Noble Venturer offshore facilities.

Energy Minister Dr John Abdulai Jinapor has warned ECG engineers against politicising their duties, announcing new monitoring systems and operational support to improve power supply reliability in Ghana.

Tema Oil Refinery has received one million barrels of Bonga Crude from Shell to support refining operations, improve energy security and reduce fuel imports in Ghana.

Ghana Gold Board has signed a new agreement with Royal Ghana Gold Refinery to refine up to one metric tonne of gold weekly as part of Ghana’s value addition strategy.

The Ghana Chamber of Mines is pushing for reforms to mining taxes and royalty distribution, warning that small-scale gold mining contributes too little to national revenue.

ECG has invested over GH¢3 million in transformer upgrades and network improvements to stabilise electricity supply across 40 communities in Accra West.

Lands Minister Emmanuel Armah-Kofi Buah says government remains committed to maintaining investor confidence, policy stability and local participation in Ghana’s mining industry.

Deloitte warns that rising fuel prices could reverse Ghana’s disinflation gains in 2026, increasing pressure on transport costs, utilities and non-food inflation.

GOIL has announced a final dividend of GH¢0.06 per share for the 2025 financial year, subject to shareholder approval at its upcoming AGM.
Oil prices tumbled more than 5% in Asian trading after reports that a deal to reopen the Strait of Hormuz and extend the ceasefire is nearing completion.

COMAC Board Chairman Gabriel Kumi says sustainable downstream fuel supply is critical to Africa’s industrial growth, energy security, and long-term economic transformation.

GNPC showcased Ghana’s energy investment opportunities at OTC 2026 in Houston, highlighting partnerships, technology adoption, and sustainable growth in the upstream petroleum sector.

Ghana’s crude oil production has declined for the sixth consecutive year, falling to 37.3 million barrels in 2025, raising concerns about investment and the future of the oil and gas sector.

Petroleum Hub Development Corporation says Ghana has created a conducive environment for energy sector investment, with policies aimed at reducing risks and guaranteeing investor returns.

Energy Minister John Abdulai Jinapor says Africa’s transformation depends on reliable energy systems, industrialisation and strategic investments at the Africa Energy Technology Conference in Accra.

ISODEC has criticised Ghana’s proposed IMF Policy Coordination Instrument, arguing the country’s recent economic recovery was driven by local reforms rather than IMF intervention.

Ghana’s mineral royalty receipts rose by 40% to over GH₵2 billion in the first quarter of 2026, driven largely by strong gold prices, increased production and improved compliance efforts.

Damang Gold Mine has delivered 100% of its gold production to GoldBod for the second time, strengthening Ghana’s gold value retention strategy and supporting economic stability.

Dr Steve Manteaw says Ghana should reform its free-carried interest in mining companies and improve mineral royalty governance to increase local benefits from mining.

Mining governance expert Dr Steve Manteaw says Gold Fields deserves lease renewal if obligations have been met, while urging Ghana to pursue strategic localisation in the mining sector.

Benjamin Boakye says Ghana must avoid policy unpredictability in the mining sector and pursue evidence-based reforms that protect investment stability and national benefits.

Africa Centre for Energy Policy Executive Director Benjamin Boakye says Ghana must clearly state its position on resource nationalism to protect investor confidence and economic stability.

Policy analyst Bright Simons says Ghana’s push to take control of its minerals should focus on better policies and citizen benefits rather than symbolic ownership changes in the mining sector.

NPA’s fuel price floors have increased for the second pricing window of May 2026, with diesel recording the highest jump as global crude oil volatility persists.

The IMF has urged Ghana to fast-track private sector participation in ECG operations, warning that inefficiencies in the energy sector continue to threaten fiscal stability and economic recovery.

A sharp dispute has emerged over the future of Gold Fields’ Tarkwa Mine as the IEA pushes for greater Ghanaian ownership while the Chamber of Mines warns against damaging investor confidence.

Energy economist Aephaniel Owusu-Agyemang warns rising global oil prices could worsen fuel price inflation in Ghana, urging targeted government interventions instead of blanket subsidies.

Mpraeso MP Davis Ansah Opoku has backed calls for greater Ghanaian ownership of the Tarkwa mine, arguing that local expertise and indigenous firms can manage Ghana’s mineral resources.

Former Chief Justice Sophia Akuffo says Ghana has the technical expertise and mining professionals needed to independently operate the Tarkwa mine without foreign operators.

The Institute of Economic Affairs is urging government to reject any extension of Gold Fields’ Tarkwa mine lease and prioritise greater Ghanaian ownership of strategic mineral assets.

The National Petroleum Authority has selected 268 fuel stations, eight depots and two refineries for the pilot phase of Ghana’s 24-hour economy programme.

Parliament’s Select Committee on Lands and Natural Resources has visited the Minerals Commission to assess regulatory operations, digitisation reforms and mining sector oversight.

Experts from Africa and Europe are meeting in Pretoria under the PanAfGeo+ programme to strengthen mineral governance, reporting standards and sustainable resource management.

MIIF and key state institutions have revived an inter-agency committee to improve monitoring, verification and collection of mineral royalties and mining revenues in Ghana.

Energy policy analyst Benjamin Nsiah is urging government to review Ghana’s Petroleum Act to guarantee Tema Oil Refinery consistent access to locally produced crude oil amid operational and financial challenges.

Ghana’s GoldBod says the GANRAP programme aims to purchase three tonnes of gold weekly to strengthen reserves, stabilise the cedi and generate over $400 million each week.

Atlantic Lithium has approved the transfer of Elevra Lithium’s rights and obligations in the Ewoyaa Lithium Project to Zhejiang Huayou Cobalt, paving the way for accelerated development of Ghana’s flagship lithium project.

Former Finance Minister Seth Terkper says reforms in Ghana’s gold sector helped strengthen reserves, stabilise the cedi and improve management of gold exports.

Energy Minister Dr. John Jinapor to embark on a working tour of major power infrastructure projects in Kumasi aimed at improving electricity supply and energy delivery.

MIIF CEO Justina Nelson led a delegation to Newmont’s Ahafo North Mine to discuss royalties, sustainability, safety and responsible mining as Ghana deepens collaboration with mining firms.

Atlantic Lithium Limited has entered into a binding Scheme Implementation Deed with China's Zhejiang Huayou Cobalt for a US$210 million all-cash acquisition, valuing the Ghana-focused lithium developer at a 26.6% premium to its last closing share price.

Africa’s richest man Aliko Dangote has announced plans for a 20,000MW power project as part of a wider strategy to expand energy, fertiliser, LNG and infrastructure investments across Africa.

Ghana requires $22.6 billion in climate financing to strengthen resilience, support adaptation and advance its green transition agenda.

President Mahama and UAE President Sheikh Mohamed bin Zayed discuss energy cooperation, LNG investment and renewable energy partnerships.

Gold Fields CEO Mike Fraser reaffirms commitment to Tarkwa Mine, seeking a 20-year lease extension and pledging significant reinvestment.

Ghana signs a key term sheet with Eni, Vitol and GNPC to expand gas production under the OCTP project, strengthening energy security.

Ghana engages large-scale mining companies under GANRAP to strengthen reserves, stabilise the cedi, and enhance gold acquisition systems.

Ghana faces a $1 billion arbitration claim over the Bogoso-Prestea mine, raising concerns about investor confidence and mining sector governance.

Ghana’s anti-smuggling taskforce curbs illegal gold trade, boosting ASM exports and strengthening foreign exchange inflows.

The US unveils Project Freedom to guide stranded ships through the Strait of Hormuz amid tensions with Iran, raising global security concerns.

President John Mahama announces a 1200MW gas-fired power plant to boost Ghana’s energy capacity, improve stability, and support economic growth.

Seven OPEC+ countries agree on a 188,000 barrels per day production adjustment for June 2026 to stabilise global oil markets.

NAIMOS arrests 49 suspected illegal miners after surviving an armed ambush in Nzema East, seizing cash, weapons, and suspected gold.

Akosombo Fire Preventable – ACEP Blames Negligence and Weak Accountability

Ghana Chamber of Mines calls on Bank of Ghana to publish disaggregated data on mining sector forex inflows to improve policy and transparency.

ZEN Petroleum records a sharp post-IPO rally on the Ghana Stock Exchange, driving market activity and boosting investor confidence.

Fuel prices in Ghana decline slightly in May 2026, with petrol and diesel seeing reductions as global oil trends ease pressure on the market.

Damang Gold Mine sells 100% of its first gold output to GoldBod for Bank of Ghana reserves, marking a historic move.

Ghana’s PURC records a 98.67% complaint resolution rate in 2026, signaling stronger consumer protection and regulatory efficiency.

President Mahama says the Akosombo fire presents an opportunity to modernise infrastructure as power restoration efforts continue.

GoldBod reports revenue growth to GH¢970.8 million in 2025 while cutting costs, delivering a significant operational surplus.

GOIL PLC hosts HSSEQ Week focusing on psychosocial workplace safety, with COMAC praising efforts to promote employee well-being and performance.

Government restores fourth unit at Akosombo Dam as efforts intensify to stabilize Ghana’s power supply after recent outages caused by substation fire.

Minority in Parliament claims Ghana owes over $700 million to IPPs and fuel suppliers, raising concerns about the financial stability of the power sector.

Energy Ministry rejects claims of a power generation deficit in Ghana, saying installed capacity exceeds demand and outages are temporary disruptions.

Tullow Oil reports strong Ghana production growth, improved efficiency, and new investments to sustain output from Jubilee and TEN fields.

GoldBod moves closer to signing a refining agreement with Royal Ghana Gold Refinery as Ghana pushes to process gold locally and end raw exports by 2030.

ECG will release frequent power outage updates as repairs at the Akosombo Hydroelectric Plant evolve, Energy Minister John Jinapor announces.

ACEP calls for a load-shedding timetable, transparent communication, and investigations into Ghana’s power crisis following the Akosombo substation fire.

ACEP warns Ghana’s power crisis reflects deeper systemic failures, urging long-term reforms following Akosombo substation fire and widespread outages.

PURC insists current outages do not require a load-shedding timetable, citing technical issues and ongoing upgrades to stabilise power supply in Ghana.

MP Sammi Awuku calls on President Mahama to address unstable power supply as WASSCE and BECE candidates prepare for exams.

Ghana shuts down Akosombo Dam after devastating GRIDCo substation fire destroys key infrastructure, causing nationwide power outages.

Energy Minister orders nationwide audit of installations following Akosombo substation fire, aiming to boost safety and system resilience.

Adamus Resources Limited rejects allegations behind mining lease revocation, citing lack of due process and affirming compliance with Ghana’s laws.

GoldBod partners Better Brands Zimbabwe to establish ASM financing centre to boost productivity, formalisation, and transparency in Ghana’s mining sector.

Government revokes Adamus Resources Limited mining leases after investigations reveal illegal mining and environmental violations.

Energy Minister John Jinapor directs GRIDCo CEO to step aside pending investigations into Akosombo power control centre fire.

Minerals Commission CEO Isaac Tandoh warns that unsafe mining threatens lives, investment, and Ghana’s global reputation, urging stricter safety and environmental standards.

GOIL posts strong Q1 2026 profit growth driven by lower finance costs, improved margins, and stronger cash flow despite a slight revenue decline.

GoldBod meets small-scale miners to address gold purity losses and strengthen support for responsible mining in Ghana.

Ghana’s mining regulator gives Newmont, AngloGold Ashanti, and Zijin until December 2026 to comply with local contract mining rules or face sanctions.

ZEN Petroleum CEO William Tewiah outlines the company’s growth, mining sector dominance, and expansion across Ghana’s petroleum value chain.

NPA CEO Edudzi Tamakloe urges reforms to Ghana’s petroleum law, citing outdated regulations and evolving challenges in the downstream sector.

ZEN Petroleum lists 640 million shares on the Ghana Stock Exchange, adding a new energy stock to the market and expanding investment opportunities.

Ghana Cylinder Manufacturing Company warns that nearly 30% of gas cylinders are unsafe, urging expansion of the Cylinder Recirculation Model nationwide.

Karpowership Ghana is negotiating with government to extend its power supply agreement, aiming to sustain reliable electricity delivery.

Ghana’s MIIF posts record GH₵5.43bn in mineral royalty inflows in 2025, driven by stronger compliance and improved oversight in the mining sector.

ECG Managing Director Kwame Kpekpena apologises for power outages in Ghana, promising reforms to improve reliability and customer response.

Engineers & Planners’ takeover of Damang Mine marks a major shift from contractor to owner, highlighting growing Ghanaian capacity in large-scale mining operations.

President Mahama inspects new transformers in Tamale, reaffirming commitment to stable electricity supply under the Resetting Ghana agenda.

Engineers and Planners officially takes over Damang Mine, with CEO Ibrahim Mahama pledging major investments and infrastructure development.

ECG completes Phase Two transformer upgrade at Lashibi Primary Substation ahead of schedule, improving power reliability and reducing outages.

National Petroleum Authority sets new fuel price floor for April 16, with diesel dropping significantly while LPG records a slight increase.

Diesel prices expected to fall slightly while petrol rises nearly 2% in Ghana as government intervention cushions impact of rising global oil prices.

Government absorbs GH¢2 per litre on diesel and GH¢0.36 on petrol to cushion consumers as global oil prices rise, effective April 16, 2026.

Energy Minister John Jinapor warns ECG district offices over poor performance and delays in addressing power outages, hinting at possible shake-up.

CEMSE Proposes Balanced Petroleum Tax Cuts to Cushion Ghanaians from War-Driven Fuel Price Surge

IMANI Africa, COPEC, and partners propose a GH¢1.65 reduction in fuel prices to ease economic pressure on Ghanaians amid rising global uncertainties.

COPEC is proposing a temporary 50% reduction in the dumsor levy to cut fuel prices and ease cost pressures on consumers while maintaining energy sector stability.

COMAC CEO calls for transparency on dumsor levy proceeds as government moves to cut fuel prices, urging accountability and clarity on tax adjustments.

Ghana government plans to remove some fuel taxes and margins to reduce pump prices and cushion consumers amid global oil market disruptions.

ECG will invest GH¢240 million in transformer replacement and upgrades across parts of Accra, with planned outages expected as work begins on April 8, 2026.

President Mahama has called an emergency cabinet meeting to consider urgent measures to cushion Ghanaians against rising fuel prices amid Middle East tensions.

CBOD CEO Dr Patrick Ofori says Ghana’s petroleum supply remains relatively stable despite concerns over limited stock levels and storage capacity.

Dr Mohammed Amin Adam argued that reducing levies on fuel products would not undermine Ghana’s 2026 budget.

IRENA says global renewable energy capacity surged 15.5% in 2025

The GPRTU fuel taxes transport fares debate has intensified after the Ghana Private Road Transport Union issued a 48-hour ultimatum to government to abolish fuel-related taxes or face a possible nationwide increase in transport fares.

ACEP Executive Director Ben Boakye is urging government to incentivise in-country fuel storage and strategic reserves as Ghana faces rising pump prices and global supply risks.

Government signals possible fuel tax review as global oil prices threaten pump prices in Ghana

Mahama signals fuel price intervention as global oil volatility threatens pump prices

COPEC calls for a review of fuel taxes as rising global prices push petrol and diesel costs higher, increasing pressure on consumers.

Ewoyaa Lithium Project Ratified by Parliament After Years of Debate

Ghana Gold Board CEO Sammy Gyamfi backs Bank of Ghana’s gold reserve diversification strategy, citing falling gold prices and the need for stability.

Newmont Ghana pays GH¢12.8 billion in taxes and statutory payments in 2025, reinforcing its role as a top contributor to national revenue.

President Mahama reveals Ghana’s energy sector crisis has cost over $8bn, straining public finances and limiting spending on wages and development.

Ghana’s Parliament reduces the Growth and Sustainability Levy on gold mining companies from 3% to 1% as part of reforms to support the mining sector.

Petrol, diesel and LPG prices in Ghana are projected to rise sharply from March 16, 2026, following global crude oil price increases and new price floors.

President John Dramani Mahama commissions the MT Asharami Ghana LPG carrier in South Korea to strengthen Ghana’s LPG supply chain and improve fuel distribution reliability.

Tema Oil Refinery’s return to full operations could improve fuel supply stability in Ghana and help ease pressure on pump prices, according to Technical Advisor Nana Amoasi VII.

Argus Media Vice-President James Gooder says Ghana’s growing oil exports are boosting infrastructure investment, LPG production, and transparency in West Africa’s energy markets.

Industry highlights gaps in refining and logistics

The Ghana Chamber of Mines proposes an alternative gold royalty framework capped at 8% with a 1% community development levy to balance government revenue and mining sector sustainability.

COMAC urges stronger technological coordination across Ghana’s petroleum management systems after a petroleum supply disruption linked to ERDMS rather than ICUMS.

Policy analyst Steve Manteaw raises concerns over consultation gaps in Ghana’s new mining royalty policy as the sliding-scale regime takes effect.

Bank of Ghana Governor Johnson Asiama says the gold sale was a strategic reserve diversification move and not a loss of Ghana’s national assets.

Ghana hosts a Kimberley Process Ghana review visit aimed at strengthening transparency, accountability and responsible governance in the country’s diamond trade.

COPEC is urging the government to establish a strategic fuel reserve Ghana fund to build emergency petroleum stocks and protect the economy from global supply disruptions.

Energy Minister Dr. John Abdulai Jinapor meets petroleum stakeholders to safeguard Ghana fuel security amid Middle East crisis and global oil market volatility.

Ghana has fallen to 53rd in the 2025 Global Mining Investment Attractiveness Index as policy concerns and global competition reshape investor sentiment.

The National Petroleum Authority assures Ghanaians that fuel stocks will last several weeks despite global oil market uncertainty caused by Middle East tensions.

Global oil prices have surged following the Strait of Hormuz blockade, raising concerns about possible fuel price increases in Ghana.

A witness in court has admitted that fuel sold at the Atimpoku Shell filling station was contaminated with water, confirming allegations that unsuspecting motorists purchased adulterated petroleum products.

The troubled Bogoso-Prestea mine has resumed production after two years, but community petitions and funding concerns remain unresolved.

Ghana’s Parliament has approved licence extensions for major offshore oil fields, unlocking billions in investment and securing long-term production.

Gold Fields will hand over Ghana’s Damang Mine to the state in April, a move analysts say could reshape investor confidence and mining policy direction.