Ghana’s external reserves have strengthened significantly, with the Bank of Ghana reporting an increase to approximately $14.5 billion, providing around 5.8 months of import cover.
Fuel prices may rise again soon, but what if higher prices don’t actually reduce petrol consumption in Ghana?
Karpowership Ghana has reaffirmed its commitment to building engineering capacity and advancing inclusion within Ghana’s energy sector as the global community marks World Engineering Day for Sustainable Development 2026.
Chief Executive of the Ghana Chamber of Oil Marketing Companies, Dr. Riverson Oppong, has assured that Ghana is unlikely to face an immediate fuel shortage despite rising tensions in the Middle East. Speaking in an interview on Joy FM’s Top Story, Dr. Oppong explained that Ghana sources most of its fuel from Western markets, not the […]
Ghana’s Minister for Energy and Green Transition, Hon. Dr. John Abdulai Jinapor (MP), on Tuesday convened a high-level meeting with key stakeholders across the country’s petroleum upstream and downstream sectors to assess the potential impact of the ongoing crisis in the Middle East on the nation’s fuel security. The engagement brought together representatives from the […]
UK-based oil and gas company Tullow Oil has signed a sale and purchase agreement with TEN Ghana to acquire the Prof. John Evans Atta Mills FPSO for a gross consideration of $205 million.
In February 2026, Kosmos Energy reported that Ghana’s parliament ratified license extensions for the West Cape Three Points and Deepwater Tano petroleum agreements to 2040, underpinning up to US$2.00 billion of additional investment, expanded drilling at the Jubilee field, and a cost-saving FPSO acquisition at the TEN fields.
UK-based oil and gas company Tullow Oil has signed a sale and purchase agreement with TEN Ghana to acquire the Prof. John Evans Atta Mills FPSO for a gross consideration of $205 million.
Africa-focused independent oil and gas firm Tullow Oil has signed a sale and purchase agreement to acquire the floating production, storage and offloading (FPSO) vessel serving the TEN fields on the Deepwater Tano Block offshore Ghana, in a move aimed at reducing costs and improving long-term field economics.
Ghana has formally initiated international arbitration proceedings to resolve its longstanding maritime boundary dispute with neighbouring Togo, signaling a shift from diplomatic negotiations to legal adjudication under international law