30 h. ago PIAC Extends Petroleum Revenue Transparency Drive to Market Traders

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/piac-extends-petroleum-revenue-transparency-drive-to-market-traders/The Public Interest and Accountability Committee has launched targeted outreach to market women in Accra, responding to complaints that ordinary citizens remain uninformed about petroleum revenue spending despite 15 years of commercial oil production. Deputy Market Queen of Madina Market Theresa Ansong told PIAC officials during Friday’s engagement that no authority has ever explained how […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/piac-extends-petroleum-revenue-transparency-drive-to-market-traders/

Politics

30 h. ago Market Women Call for Clear Information on Petroleum Revenue Spending

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/market-women-call-for-clear-information-on-petroleum-revenue-spending/Market women in Ghana’s capital are calling for clearer, more accessible information on petroleum revenue spending since oil production began in 2010, highlighting persistent communication gaps between authorities and local traders. Deputy Market Queen of Madina Market Theresa Ansong stated during an engagement with PIAC that traders have long lacked information about government spending of […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/market-women-call-for-clear-information-on-petroleum-revenue-spending/

Economics

44 h. ago Dangote targets global leadership in fertilizer and refining by 2028

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/dangote-targets-global-leadership-in-fertilizer-and-refining-by-2028/Aliko Dangote has unveiled an ambitious industrial expansion plan targeting global leadership in both fertilizer production and oil refining within three years. Speaking at the formal launch of several major projects on December 11, Dangote outlined targets to quadruple urea output and exceed the world’s largest refinery capacity. The group aims to boost urea output […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/dangote-targets-global-leadership-in-fertilizer-and-refining-by-2028/

Politics

3 d. ago Newage Agric Solutions donates rice, soybean oil and cash to MoFA for farmers’ day

The CIMG 2024 Agric Company of the Year, Newage Agric Solutions Ltd has presented GH¢30,000 worth of food products and a cash donation of GH¢50,000 to the Ministry of Food and Agriculture (MoFA) towards the 41st Farmers Day celebration to be held in the Volta Region. The food products included bags of EVIVI RICE and EVIVI SOYABEAN oil to be distributed by the Ministry to support the celebration.

Politics

4 d. ago Finance Minister welcomes further drop in inflation, calls it “real, measurable progress”

The Finance Minister, Dr. Cassiel Ato Forson, has reacted positively to the latest inflation figures, describing the continued decline as clear evidence that the economy is stabilising. Inflation fell to 6.3% in November 2025, the lowest since the 2021 rebasing and the eleventh straight month of decline. Dr. Forson said the numbers confirm that key […]

Politics

5 d. ago OPEC+ members to undergo annual oil capacity audit under new plan, sources say

OPEC+ members will undergo an annual assessment of their oil production capacity starting next year for use in 2027, OPEC+ sources said

Politics

8 d. ago IMANI Warns Government Against Springfield Afina Acquisition Without Independent Assessment

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/imani-warns-government-against-springfield-afina-acquisition-without-independent-assessment/Policy think tank IMANI Africa has cautioned government against proceeding with a state acquisition of Springfield Exploration and Production’s Afina oil block, arguing that relying solely on company provided data for valuation creates unacceptable financial risks for taxpayers. The warning comes as the Ghana National Petroleum Corporation (GNPC) engages in discussions regarding potential takeover of […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/imani-warns-government-against-springfield-afina-acquisition-without-independent-assessment/

Events

9 d. ago Think Tank Warns Against State Acquisition of Springfield Afina

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/think-tank-warns-against-state-acquisition-of-springfield-afina/Policy think tank IMANI Africa has cautioned the Government of Ghana against proceeding with a state led acquisition of Springfield Exploration and Production’s Afina oil discovery, describing the asset as high risk and warning that any purchase could reward poor corporate governance while exposing taxpayers to speculative liabilities. The warning comes as the Ghana National […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/think-tank-warns-against-state-acquisition-of-springfield-afina/

Events

1 week ago Ghana Secures US$3.5 Billion Investment to Reverse Oil Production Collapse

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-secures-us3-5-billion-investment-to-reverse-oil-production-collapse/Ghana is implementing an aggressive investment strategy to arrest a nearly 50 percent collapse in crude oil production since 2019, according to findings released in a joint report by KPMG and the United Nations Development Programme (UNDP). The “2026 Budget Highlights” report reveals production has plunged from 71.4 million barrels in 2019 to a projected […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-secures-us3-5-billion-investment-to-reverse-oil-production-collapse/

Economics

1 week ago ASEC urges gov’t to act to reverse oil production decline and stabilise revenues

The Africa Sustainable Energy Centre (ASEC) has warned that Ghana’s rapidly declining crude oil production poses an immediate fiscal and economic threat, calling for urgent and strategic interventions to safeguard the country’s petroleum revenues and national energy security.

Politics

2 w. ago Tullow Oil Reports Production Decline Amid Ghana Operations Focus

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/tullow-oil-reports-production-decline-amid-ghana-operations-focus/Tullow Oil confirmed its 2025 production will reach the lower end of guidance targets while announcing a challenging outlook for 2026 as the company works to refinance its debt structure and counter natural field decline in Ghana. The London-listed energy producer reported group production averaging approximately 40.7 thousand barrels of oil equivalent per day (kboepd) […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/tullow-oil-reports-production-decline-amid-ghana-operations-focus/

Politics

2 w. ago Deloitte Urges Government to Shield Budget with Oil Price Hedging Strategy

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/deloitte-urges-government-to-shield-budget-with-oil-price-hedging-strategy/Advisory firm Deloitte Ghana is calling on the government to implement a clear oil price hedging strategy to protect the 2026 budget from volatile global crude prices that threaten revenue projections. The professional services firm warns that unpredictable global crude oil prices, combined with geopolitical tensions and declining local production, have already reduced expected revenues […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/deloitte-urges-government-to-shield-budget-with-oil-price-hedging-strategy/

Politics

2 w. ago Government targets Springfield’s oil block in push to boost production

The Government of Ghana is considering a State-led takeover of Springfield Exploration and Production Limited’s (SEP) stake in the West Cape Three Points Block 2 (WCTP2) as part of efforts to safeguard declining petroleum assets and boost national oil production.

Politics

3 w. ago Energy Minister visits GNPC and GNPC Explorco, urges renewed efforts to curb declining oil production

The Minister for Energy and Green Transition, John Abdulai Jinapor, has paid a working visit to the Ghana National Petroleum Corporation (GNPC) and its subsidiary, GNPC Explorco, as part of his ongoing tour of agencies under the Ministry.

Politics