Energy

GOIL Company Profits Halve Despite Revenue Growth in Q2 2025 Ghana’s leading indigenous oil marketing company, GOIL PLC, reported a sharp slowdown in profitability for...

Tullow’s $307m Big Move: Gabon Exit Sets Stage for Ghana and Kenya Push Tullow Oil plc has completed the sale of its entire portfolio of...

Civil Society Groups Demand Overhaul of NPA over Lack of Transparency in Petroleum Fund Management Two prominent civil society organisations, the Centre for Environmental Management...

Petroleum Funds Close First Half of 2025 with $1.42 Billion Valuation Ghana’s twin petroleum sovereign wealth vehicles—the Ghana Stabilisation Fund (GSF) and the Ghana Heritage...

Eni Posts 25% Drop in Second-Quarter Profit Italy’s Eni reported 25% lower profit for the second quarter of the year amid lower oil prices and a 2.6%...

Finance Minister Says Energy Sector had $1.5bn Annual Shortfall Prior to Assumption of Office by President Mahama Finance Minister, Dr Cassiel Ato Forson, has revealed...

Energy Ministry Refutes Aviation Fuel Shortage Claims, Assures Steady Supply The Ministry of Energy and Green Transition has dismissed reports suggesting a shortage of Aviation...

Stratcon Energy Sues IMANI's Bright Simons for GHS 22m Over Defamation Claims Stratcon Energy and Trading Ltd, a leading bulk oil distribution and trading company,...

$18 Trillion or Total Nonsense? The Oil Demand Divide The world needs $18.2 trillion in new oil and gas investments in the period until 2050...

Deloitte Cautions on Inflationary Impact of GHS 1 Fuel Levy Deloitte Ghana has flagged the recently implemented GHS 1 fuel levy as a key upside...