
Mixed Fuel-Price Movements Hit Pumps as Petrol Drops While Diesel Edges Upward
Ghanaian drivers face contrasting pump prices in mid-August as petrol falls nearly 3% while diesel ticks higher despite a firmer cedi.

Ghanaian drivers face contrasting pump prices in mid-August as petrol falls nearly 3% while diesel ticks higher despite a firmer cedi.

Oil prices remain largely steady as fading hopes of a US Iran peace deal and disruptions in the Strait of Hormuz keep geopolitical risks elevated.

ACEP Executive Director Ben Boakye has criticised Parliament over its handling of the AKSA power contract, questioning the value for money in the agreement.

Energy Minister John Jinapor says GNPC must move beyond resilience to renewed investment, production growth and stronger operatorship as Ghana’s petroleum sector faces mature fields.

GNPC has outlined plans to restore petroleum production, expand gas sales and drill an exploration well in the Voltaian Basin.

President Bola Tinubu has signed a new tax remission order aimed at unlocking up to $50 billion in Nigeria deep offshore investment, starting with Bonga South West.

Atewa East MP Abena Osei Asare is calling for a thorough investigation into reported GOLDBOD losses, including a figure of $1.7 billion attributed to the entity.

ACEP’s Benjamin Boakye wants the AKSA power deal reviewed after Asante Kwaku Berko’s United States bribery conviction.

Energy Minister John Abdulai Jinapor says government is deepening reforms to restore investor confidence, reverse declining oil output and expand domestic gas supply.

COMAC CEO Dr Riverson Oppong says Ghana's fuel market has entered an unusually volatile phase, raising fresh questions about the country's petroleum pricing system.

The National Petroleum Authority says Ghana has more than five weeks of petrol and diesel stocks, assuring consumers of uninterrupted fuel supply despite Middle East tensions.

Tullow raises its 2026 free cash flow forecast to between $170 million and $250 million as Jubilee production and oil prices improve.