Also known as: GNPC
Ghana National Petroleum Corporation — state oil entity marking 40 years of operations, focused on reversing declining crude oil production and accelerating gas commercialisation.
Verbatim sentences from the source article.
The Chronicle
… The Minority drew parallels with the trial of former Ghana National Petroleum Corporation Chief Executive Tsatsu Tsikata, arguing that the National Democratic Congress (NDC), which had fiercely criticised the handling of that case for years, could not now remain silent over simil …
Minority Declares Wontumi ‘Political Prisoner’Joy Online
When the Ghana National Petroleum Corporation (GNPC) announced that its subsidiary, Explorco, had become the owner of an additional 7% stake in the Jubilee and TEN oil fields, many Ghanaians wondered how the asset got there. …
Explainer: Will Ghana ever see GNPC Explorco’s $561m oil revenues paid into the Petroleum Holding Fund?Joy Online
… To address financial difficulties, Mr Duah proposed that state-owned institutions and parastatals, including ECG, the Ghana National Petroleum Corporation (GNPC), and the Petroleum Commission, should adopt specific sports federations as part of their corporate social responsibili …
ECG reopens renovated Power Tennis Court in AccraJoy Online
… It said revenues to the Ghana National Petroleum Corporation (GNPC) declined by more than 61%, compounded by a policy decision that reduced GNPC’s share of petroleum revenues from 30% to 15%. …
Ghana’s crude oil production falls for six years, costing billions in lost revenue – IES reportDaily Guide
… Cobbah, highlighted decades of Ghana-Canada cooperation, citing Petro-Canada’s technical support to the Ghana National Petroleum Corporation. …
Ghana-Canada Investment Forum Deepens Trade TiesJoy Online
… He said technical designs had been prepared with support from a university, and that discussions had also been held with the Ghana National Petroleum Corporation through the Ashanti Regional Minister to support the project. …
Asante Mampong: AstroTurf project stalls amid approval disputeJoy Online
… She highlighted the long-standing relationship between Ghana and Canada, including historic technical support from Petro-Canada International Assistance Corporation to the Ghana National Petroleum Corporation (GNPC). …
Ghana is open for business like never before – 24-Hour Economy takes centre stage in CanadaBusiness & Financial Times
… Bilijo said TOR inherited when the current board took office in July 2025: including US$97million owed to government, US$58million to Ghana National Petroleum Corporation (GNPC), US$78.9million to Volta River Authority (VRA), US$128million to Sahara Oil and US$41million to Britis …
TOR in recapitalisation talks with gov’t over GH¢1.6bn ESLA receivablesJoy Online
President John Dramani Mahama has announced that Explorco, the exploration subsidiary of the Ghana National Petroleum Corporation (GNPC), will begin onshore drilling activities in the Voltaian Basin before the end of 2026 as part of efforts to determine the commercial viability o …
Explorco to start Voltaian Basin oil drilling in 2026 as Sentuo refinery expands to 100,000 barrels per dayBusiness & Financial Times
… Speaking at the West Africa Gas Summit 2026 in Accra, Ghana National Petroleum Corporation (GNPC) Deputy Chief Executive Officer, Hamis Ussif, said the country’s projected gas demand is expected to outpace domestic supply despite ongoing investments in upstream production, making …
Gov’t eyes regional gas hub roleGhana's government has resolved outstanding disputes with oil and gas operators, creating a more predictable environment for investment. Partners in the Jubilee and TEN fields have committed US$2 billion to further development activities, expected to support increased oil production and boost gas output.
22 August 2026 · Joy Online →
Ghana's government has resolved outstanding disputes with oil and gas operators, creating a more predictable environment for investment. Partners in the Jubilee and TEN fields have committed US$2 billion to further development activities, expected to support increased oil production and boost gas output.
22 August 2026 · Joy Online →
The Principal of Shama Technical Institute says inadequate infrastructure is straining teaching and learning, and has appealed to the government, private sector and stakeholders to help complete a three-storey classroom block started in 2022 and fund other facilities including dormitories, an assembly hall, and practical workshops.
21 August 2026 · The Ghanaian Times →
Ghana's Energy Minister says fresh investment commitments of approximately US$2 billion from Jubilee and TEN field partners and US$1.5 billion from the Offshore Cape Three Points project demonstrate renewed confidence in the country's oil and gas industry.
18 August 2026 · Joy Online →
Energy Minister John Abdulai Jinapor says government will soon sign five new petroleum agreements with international firms, attributing renewed investor confidence to strategic reforms and growing interest in Ghana's upstream petroleum sector.
18 August 2026 · Joy Online →
The Ghana National Petroleum Corporation marked 40 years of operations and outlined priorities including reversing declining crude oil production, accelerating gas commercialisation, and attracting new upstream investment. Ghana recorded its fifth consecutive year of declining crude oil production in 2025, with average daily output from three major fields standing at 102,199 barrels per day.
18 August 2026 · Joy Online →
The Institute for Energy Security is calling on government to enforce Ghana's Domestic Market Obligation regulations, arguing that TOR's return to operations has removed the main practical obstacle to implementation. The legal framework already exists under Regulation 32 of the Petroleum (Exploration and Production) (General) Regulations, 2018, and requires consistent administrative enforcement.
17 August 2026 · Joy Online →
Energy Minister John Jinapor has called on the Ghana National Petroleum Corporation to strengthen performance and increase investment to deliver greater value to Ghanaians. The government is reviewing the fiscal and regulatory framework governing the petroleum sector to attract investors while protecting Ghanaian interests, and the Minister signalled positive signs of renewed growth in oil and gas production in 2026.
13 August 2026 · Joy Online →
The government is undertaking major reforms in Ghana's upstream petroleum sector, including a review of the fiscal and regulatory framework, to improve investor confidence and attract fresh oil and gas investments. The Deputy Minister for Energy and Green Transition said the reforms are expected to be completed by the end of the year and that Ghana is competing for global capital to remain one of Africa's most attractive upstream investment destinations.
31 July 2026 · Joy Online →
Catholic faithful and state dignitaries paid tribute to the late Ambassador James Victor Gbeho at a pre-burial service and Requiem Mass at the Holy Spirit Cathedral in Accra. Church leaders and government officials praised his exemplary diplomatic service and commitment to integrity.
31 July 2026 · Joy Online →
COPEC warns that fuel prices in Ghana could increase again this week as international crude oil and refined petroleum prices continue to climb, with petrol selling at GH₵14.5 per litre and diesel nearing GH₵18.
27 July 2026 · Joy Online →
The Parliamentary Minority has declared NPP Ashanti Regional Chairman Bernard Antwi-Boasiako (Wontumi) a "political prisoner" following his High Court conviction, alleging selective justice and constitutional breaches, including that judgment was delivered in the absence of his lead counsel. The Minority vowed to use parliamentary and constitutional avenues to challenge the verdict while stating it supports prosecution of illegal mining and does not seek immunity based on political affiliation.
21 July 2026 · The Chronicle →
GNPC Explorco acquired a 7% stake in Ghana's Jubilee and TEN oil fields through Occidental Petroleum's 2019 divestment following its US$55 billion acquisition of Anadarko. A legal disagreement persists over whether revenues from the asset should be paid into the Petroleum Holding Fund.
20 July 2026 · Joy Online →
The Electricity Company of Ghana has officially reopened the renovated Power Tennis Court in Accra, a facility originally constructed in 1994 that has served members of the Power Tennis Club for more than three decades. The reopening was made possible through collaboration between ECG management, the club's executives, donors and supporters.
20 July 2026 · Joy Online →
Ghana's crude oil production has declined for six consecutive years, falling from 71.44 million barrels in 2019 to 37.30 million barrels in 2025, according to an Institute for Energy Security report. The prolonged downturn, driven by ageing oil fields, limited upstream investment, and no new petroleum agreements since 2018, has caused total petroleum receipts to drop 43.27% from US$1.36 billion in 2024 to US$770.27 million in 2025.
14 July 2026 · Joy Online →
About 135 government officials, diplomats, and business executives from Ghana and Canada gathered in Toronto on June 15, 2026 for the Ghana-Canada Investment Forum, where speakers highlighted Ghana as an entry point into Africa's market and natural resources, and emphasized President Mahama's 24-Hour Economy and Accelerated Export Development Programme targeting manufacturing and agro-processing.
10 July 2026 · Daily Guide →
Construction of a proposed AstroTurf at Tadiem Park in Asante Mampong has stalled following a dispute between the project's financier and the Municipal Assembly over whether the required approval process was followed before work began. The financier says the Assembly halted construction despite private investment, while the Assembly maintains work commenced without necessary engagement and review of technical plans.
8 July 2026 · Joy Online →
Ghana's 24-Hour Economy agenda was the focus of a Ghana-Canada Investment Forum in Toronto on June 15, 2026, which brought together about 135 participants to explore trade, investment and collaboration between the two countries. Officials presented Ghana as a gateway to the African market and encouraged Canadian investment in the country.
8 July 2026 · Joy Online →
Tema Oil Refinery's Managing Director says he has initiated direct conversations with government on mechanisms to recapitalise the company's balance sheet, including releasing TOR's outstanding ESLA receivables of at least GH¢1.6billion, to address an accumulated deficit of GH¢7.869billion and negative equity position of GH¢4.53billion.
2 July 2026 · Business & Financial Times →
President Mahama announced that Explorco will start onshore drilling in the Voltaian Basin before the end of 2026 to assess commercial viability of petroleum reserves in the area. The Sentuo Oil Refinery expansion is expected to increase processing capacity from 40,000 barrels per day to 100,000 barrels per day.
25 June 2026 · Joy Online →
Ghana's government is positioning the country as a regional gas trading and distribution hub through liquefied natural gas imports and expanded domestic production to meet rising demand across West Africa. Gas demand is projected to reach about 840 million standard cubic feet per day by 2030, outpacing domestic supply despite ongoing upstream investments, with a Tema-based LNG terminal approximately 95 percent complete set to handle up to 400 million standard cubic feet per day.
22 June 2026 · Business & Financial Times →
Eni Ghana has signed a Letter of Intent with the Italian Agency for Development Cooperation (AICS) to explore strategic partnerships aimed at advancing sustainable development initiatives in Ghana, with cooperation focusing on education, TVET, agriculture, water and sanitation, community health, nutrition, and economic diversification.
19 June 2026 · Business & Financial Times →
Eni Ghana has signed a Letter of Intent with the Italian Agency for Development Cooperation to advance sustainable development initiatives in Ghana, focusing on education, TVET, agriculture, WASH, community health, nutrition, and economic diversification in host communities.
18 June 2026 · The Ghanaian Times →
Ghana and Canada gathered in Toronto for the 2026 Ghana-Canada Investment Forum to deepen economic cooperation and explore strategic investment opportunities. The event highlighted Ghana's 24-Hour Economy and Accelerated Export Development Programme, examining how Canadian businesses and investors can partner with Ghanaian enterprises to support the country's economic transformation.
17 June 2026 · Daily Guide →
The Heal Komfo Anokye Project, launched in November 2023 to raise $10 million for hospital infrastructure repairs, has raised tens of millions of cedis with about GH¢50 million spent so far. The implementers have refused to provide accountability or hand over the project to Komfo Anokye Teaching Hospital, citing lack of authority to do so, despite an audit revealing procurement irregularities and missing donor records.
17 June 2026 · Joy Online →
An audit of the Heal Komfo Anokye Project, launched in November 2023 to raise $10 million for repairs at Komfo Anokye Teaching Hospital, has flagged serious irregularities including procurement issues and missing donor receipt pages. The findings come amid disputes between the hospital board and project implementers over control and accountability of funds, with about GHS 50 million spent so far and GHS 13 million still owed to contractors.
16 June 2026 · Joy Online →
Senior energy officials and industry leaders at the West Africa Gas Summit in Accra have called for collective action to integrate infrastructure and develop sound policy to transform Africa's natural gas resources into economic value, citing the West African Gas Pipeline project as a model for regional cooperation.
16 June 2026 · Joy Online →
Eni Ghana and the Italian Agency for Development Cooperation have signed a Letter of Intent to explore joint sustainable development initiatives in education, TVET, agriculture, water and sanitation, community health, nutrition, food security and economic diversification in communities where Eni operates. The non-binding agreement establishes a framework for future cooperation aligned with the UN Sustainable Development Goals.
16 June 2026 · Joy Online →
Staff of the Ghana National Petroleum Corporation have handed over a fully refurbished four-unit kindergarten classroom block to Republic Road Nursery School in Tema as part of the Corporation's 40th anniversary activities. The project, funded and executed entirely by GNPC staff as a personal initiative, included new ceilings, tiled floors, washroom facilities, and furniture made from recycled plastic materials.
15 June 2026 · Business & Financial Times →
The Ghana National Petroleum Corporation's deputy chief executive warned that the projected US$3.5 billion investment in gas will not meet the country's domestic demand by 2030, necessitating continued reliance on liquefied natural gas imports. GNPC is pursuing a two-pronged strategy of expanding domestic production while maintaining LNG imports, and is seeking partners to develop the Voltarian Basin as the country's first onshore oil and gas field.
12 June 2026 · Joy Online →
Ghana and Canada will host an investment forum in Toronto on June 15, 2026, to explore strategic opportunities, forge partnerships, and advance Ghana's economic transformation agenda, with a focus on the 24-Hour Economy and Accelerated Export Development Programme.
12 June 2026 · Joy Online →