Oil revenue not understated—GNPC

The Ghana National Petroleum Company (GNPC) has denied allegations made by the Public Interest and Accountability Committee (PIAC) that oil revenues were understated in 2016, arguing that, monitoring mechanisms in place are strong enough to prevent revenue leakage.PIAC in its analysis ... — Read More

Jubilee Field shutdown cost production by 40%

Last year’s shutdown of the Jubilee Field reduced the country’s oil and gas production by 40%, a report by the Public Interest Accountability Committee (PIAC), has revealed.According to the report, there was a 13.7% year-on-year decline in crude oil production with ... — Read More

Oil production declines by 13.7%

Oil production dipped by some 13.7percent in 2016, from 37.41million barrels in 2015 to 32.30 million barrels, in spite of the coming of stream of the TEN field in August 2016 to augment production at jubilee.In its 2016 annual report, released ... — Read More

Downstream petroleum market exhibit vitality

The downstream Oil Marketing sector picks up gradually in second quarter of the year after marginal turbulence in the first quarter, Mr Gyemfi Amanquah, Chief Operating Officer of GOENERGY Company Limited stated on Monday.Mr Amanquah told the Ghana News Agency in ... — Read More

‘Skills gap a challenge in the oil and gas sector’

Mrs. Barbara Gbologah, Country Director of the Pyxera Global has noted skill gap has always been an issue across board in most countries trying to serve the oil and gas industry.“We see the huge gap created by a miss-match between industry and academia but also ... — Read More

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