… The Petroleum Commission hosted the Board of Directors of the Petroleum Authority of Uganda (PAU) for a high-level peer-learning engagement aimed at sharing experiences and strengthening regulatory capacity. …
… Chief Executive of the Petroleum Commission, Emefa Hardcastle, who disclosed this at the launch of the 2025 Investor Report in Accra, said despite declining production volumes, government also earned $770m in revenue in 2025 in the upstream petroleum sector. …
… The report, jointly compiled by GIPA, the Bank of Ghana, the Petroleum Commission and the Ghana Free Zones Authority (GFZA), is themed: “Resetting Ghana’s Investment Landscape for Unlocking Opportunities in a Transforming Economy.” Mr Madjie said investment activity remained robu …
… Dr Jinapor said the government would work with the Ghana National Petroleum Corporation (GNPC), the Petroleum Commission and industry operators to accelerate field development, appraisal and exploration, while improving regulatory approvals and addressing infrastructure bottlenec …
… The development, according to the Chief Executive Officer of the Petroleum Commission, Emeafa Hardcastle, has created a more predictable operating environment and opened the way for new capital to flow into the sector. …
Minister for Energy and Green Transition, Dr John Abdulai Jinapor, has charged the Petroleum Commission with playing a central role in revitalising Ghana’s upstream petroleum sector as the country enters the next phase of its oil and gas development. …
The Petroleum Commission says its regulatory interventions in Ghana’s upstream petroleum industry have generated about US$2.2 billion in savings and potential financial gains for the state. …
… Speaking at the 15th anniversary celebration of the Petroleum Commission, Mr Jinapor said Ghana must take deliberate steps to make its petroleum sector more attractive to investors amid growing competition for international capital. …
Ghana's Petroleum Commission hosted Uganda's Petroleum Authority Board for peer-learning on petroleum regulation and governance. The engagement aimed to share experiences on areas including legal frameworks, health and safety, environmental standards, and local content development.
Ghana's Petroleum Commission hosted Uganda's Petroleum Authority Board for peer-learning on petroleum regulation and governance. The engagement aimed to share experiences on areas including legal frameworks, health and safety, environmental standards, and local content development.
Ghana's Investment Promotion Authority CEO Simon Madjie has called for stronger coordination among institutions to provide a clearer picture of investment activity. Ghana recorded US$2.62 billion in Foreign Direct Investment in 2025, according to GIPA's first-ever annual FDI report released Friday.
Ghana's upstream petroleum sector recorded 20% investment growth to $870m in 2025 from $725m in 2024, showing renewed investor confidence after six years of slow growth, and the sector generated $770m in government revenue despite declining production volumes.
Ghana attracted $2.62 billion in foreign direct investment in 2025, with an additional $11.48 billion tracked in announced and pipeline investments across manufacturing, agriculture, mining, energy, technology, tourism and infrastructure. A total of 254 registered projects are expected to create 18,748 jobs when fully operational.
Energy Minister Dr John Abdulai Jinapor has warned that declining oil production and dwindling reserves pose immediate threats to Ghana's upstream petroleum sector, despite reserves remaining above target levels. He said the government will work with the GNPC, Petroleum Commission, and industry operators to accelerate field development, exploration, and approval processes while addressing infrastructure constraints.
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.
Ghana secured US$2.6 billion in foreign direct investment in 2025, up from US$651.7 million in 2024, according to the Ghana Investment Promotion Authority's 2025 Investment Report. The inflows across 245 new projects and existing companies reflect macroeconomic stabilisation and renewed investor engagement.
Ghana's Energy Minister Dr John Abdulai Jinapor has called on the Petroleum Commission to lead the next phase of upstream petroleum development, prioritizing new investment, exploration expansion, natural gas deepening, and preparation for the global energy transition.
Ghana's Petroleum Commission says its regulatory interventions in the upstream petroleum industry have generated about US$2.2 billion in savings and financial gains for the state, with reviews of major field development plans accounting for about US$2 billion of the total.
Energy Minister Dr John Abdulai Jinapor has stressed the need for increased exploration and investment in Ghana's upstream petroleum sector to reverse declining production, saying the government has made revitalisation of the upstream sector a priority and that major international oil companies are expressing renewed interest in Ghana's acreage.
Energy Minister John Jinapor has charged the Petroleum Commission to transform its focus over the next 15 years as Ghana seeks to maximise benefits from petroleum resources while preparing for the global energy transition. He said the Commission's first 15 years focused on establishing the regulator, but the next phase must emphasise transformation towards a more diversified and sustainable energy economy.
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.
Ghana's Energy Minister says the government is reviewing petroleum policy and regulatory frameworks to restore investor confidence and reverse declining oil production, citing renewed international interest and US$2 billion in development commitments from Jubilee and TEN partners.
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.
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.
Ghana's crude oil output fell from 71.44 million barrels in 2019 to 37.3 million barrels in 2025, representing a compound annual average decline of about nine per cent. The industry debates whether the decline results from ageing oil fields reaching maturity or from underinvestment and slowing exploration, with petroleum revenues from 2011 to 2025 totalling US$11.97 billion according to PIAC.
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.
Judith Adjobah Blay, Chief Executive Officer of Ghana National Gas Company, has graduated with a Master of Laws degree in Public Procurement Law and Policy from the University of Nottingham. The achievement was announced as reflecting her commitment to excellence and lifelong learning while leading a strategic energy institution.
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.
Ghana is pitching upstream oil and gas opportunities to Canadian investors at a global energy summit, with the Petroleum Commission promoting investment in the country's onshore Voltaian Basin and offshore prospects. The CEO of the Petroleum Commission says Ghana is well-positioned to attract capital due to global energy market volatility and the need for supply diversification and energy security.
Ghana's Trade Minister described the Sentuo Oil Refinery as a strategic national asset that strengthens industrial capacity and reduces dependence on imported petroleum. The refinery processed Jubilee crude oil for the first time, marking a historic shift from exporting raw crude to adding value through domestic refining.
The Director-General of Ghana Standards Authority has disclosed the agency's inadequate human capital and operational impact, with manufacturers and exporters across regions forced to travel to Accra's sole testing laboratory for certification. The understaffed regulator struggles with backlog clearance, delaying producers of agricultural goods, minerals, medicines, food and cosmetics seeking local or international sales approval.
7 Eleven Energy Service has commissioned a manufacturing facility in Aboadze to produce industrial bolts, nuts, and advanced coated products for petroleum, mining, construction, energy and infrastructure sectors. The facility is intended to reduce import reliance, create skilled jobs, and strengthen indigenous manufacturing capacity.
The Petroleum Commission's Director for Economics and Local Content commended 7 Eleven Energy Services during the commissioning of its bolt, nut, and surface coating facility in Aboadze, noting that indigenous Ghanaian companies' growing capacity to provide key services and manufacture components will help reduce petroleum production costs and increase benefits to Ghana.
Wholly Ghanaian-owned 7Eleven has commissioned new manufacturing facilities at Aboadi in Ahanta West Municipality to produce bolts, nuts, fasteners and advanced coating products locally, aiming to reduce import dependence and support upstream petroleum, mining, construction and manufacturing sectors.
Ghana has signalled its commitment to achieving net-zero emissions under the UN Framework Convention on Climate Change and Paris Agreement, with updated Nationally Determined Contributions outlining targets to reduce emissions while sustaining economic growth. For businesses, the shift raises critical issues of compliance, innovation, competitiveness, and long-term viability as regulatory reforms and ESG expectations reshape operations.
Ghana's Parliament approved the Ghana Investment Promotion Act (GIPA) Bill 2025 on April 4th 2026, replacing the previous investment code to create a more favorable environment for foreign and intra-Africa investment. The new law addresses challenges in the previous code, including high minimum capital requirements that deterred diaspora and smaller African investors.
Engineers & Planners Co. Ltd. has paid US$2 million as the first instalment of a US$5 million pledge to support Ghana's national football team's 2026 World Cup campaign, the largest donation received so far in the fundraising drive.