Category: Oil & Gas

The Ghana Gas Company has announced a major technical failure at its gas processing plant, leading to an emergency shutdown and subsequent power supply disruptions across parts of the country.

The war in the Middle East is putting pressure on people, firms, and countries at a moment when public finances are already strained by long-term issues. Higher energy and food prices, tighter financial conditions, and greater uncertainty are once again prompting calls for fiscal support.

The Government of Ghana has announced temporary measures aimed at cushioning consumers against rising fuel prices, following increased volatility on the international petroleum market triggered by the Middle East crisis.

Fuel prices in Ghana could be reduced by as much as 1 cedi per litre in the coming days, according to 3Business sources within the Finance and Energy ministries.

Ghana’s Energy Minister, John Jinapor, is expected to announce a temporary suspension of certain petroleum pricing margins today, which could bring relief to consumers over the next four weeks.

The IEA’s drastic slashing of 2026 global demand growth and the awkward lull in US-Iran confrontation have pushed oil prices lower so far this week, with ICE Brent back at trading several dollars below the $100 per barrel mark.

Congo (Republic of)// — Energy major TotalEnergies has announced a new hydrocarbon discovery on the Moho license offshore the Republic of Congo, marking a strategic milestone for a country rapidly pursuing 500,000 barrels per day (bpd) in oil production.

Ghana is set to establish its first Marine Protected Area (MPA) at Greater Cape Three Points on Tuesday, April 14.

Oil prices have slipped on renewed hopes of US-Iran talks, but the real strain is still building due to delays in global supply chains, warns the CEO of one of the world’s largest independent financial advisory organisations.

  The global energy market and regional security have entered a perilous new phase following the announcement by the U.S. military of a comprehensive maritime blockade on all Iranian ports, effective Monday.