2 d. ago Shell submits offer to join Ghana’s Pecan Oil Field project – Mahama

President John Mahama has revealed that global oil giant Shell has submitted an offer to participate in Ghana’s Pecan Oil Field project, marking a significant step toward advancing the country’s oil and gas sector.

Politics

5 d. ago We must wake up and learn lessons from a landlocked giant, Switzerland

Switzerland is a small, landlocked country with barely 8.8 million people, no oil reserves, no gold mines of global scale, and no vast cocoa plantations. Yet its economy stands as one of the most admired in the world, with a GDP approaching $977 billion and a per capita income of over $110,000. It is a country whose strength was never in what lay beneath its soil but in the discipline, precision, and seriousness of its people and leadership. Today, it ranks among the top five nations on the Global Competitiveness Index, outperforming much larger, resource-rich countries that continue to blame everything but themselves for underdevelopment.

Politics

2 w. ago Ghana’s Energy Crossroads: How global oil shocks are reshaping an African economy

Introduction Ghana stands at a peculiar energy crossroads. The West African nation pumps crude oil from its Jubilee and TEN offshore fields, yet spends billions annually importing refined petrol and diesel to meet domestic demand. This paradox has left the economy dangerously exposed to global oil shocks, from the Russia-Ukraine war to escalating Middle East […]

Events

4 w. ago Postponing Fuel Levy a pragmatic move amid global oil uncertainty – IMANI boss

The Founding President of IMANI Africa, Franklin Cudjoe, has welcomed the government’s decision to suspend the implementation of the contentious Energy Sector Levy, commonly referred to as the Fuel Levy.

Politics

4 w. ago Fuel prices to fall from June 16 due to postponement of GH¢1.0 levy

The prices of petroleum products are expected to go down at the pumps from Monday, 16th June 2025, following the postponement of the GH¢1.0 Energy Sector Levy. This is based on the Pricing Outlook Report put together by the Chamber of Oil Marketing Companies.  According to the report, the drop in fuel prices will be […]

Politics

last month Ghana exposed to global fuel shocks amid empty oil buffers – COPEC

The Executive Director of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has urged a comprehensive overhaul of Ghana’s energy policy, warning that the nation’s overdependence on imported refined petroleum products renders it highly susceptible to global oil market disruptions.

Events