… birthing new era of excellence
The Association of Oil Marketing Companies (AOMC), has rebranded to the Chamber of Oil Marketing Companies (COMAC), a rebirth envisioned as the commencement of a bold new era of excellence.
This all-important activity affirms COMAC’s seat of prominence in Ghana’s downstream petroleum sector.
With over...
The Bulk Energy Storage and Transportation Limited (BOST) has distributed over 11,000 exercise books and supplementary reading materials to six basic schools in Akosombo, in the Asuogyaman District of the Eastern Region.
The beneficiary schools include Atimpoku RC Basic School and Atimpoku L/A Junior High School, among others. This initiative...
Chief Executive-National Petroleum Authority (NPA) Dr. Mustapha Abdul-Hamid has commissioned a call centre for the Authority, to increase efficiency and timeous handling of customer complaints and inquiries.
The call centre - under the Consumer Services Unit-Corporate Affairs Directorate of the NPA - has ten agent lines and software portals, including...
In a major development, ExxonMobil has announced plans to invest US$10 billion in Nigeria’s offshore oil operations.
Meanwhile, the Nigerian National Petroleum Corporation (NNPC) is preparing to revive the Brass and Olokola Liquefied Natural Gas (LNG) projects, signalling renewed momentum in the sector.
The Nigerian Content Development and Monitoring Board (NCDMB),...
By Alvin A.O. MINGLE
The ever-growing Ghanaian supply chain market has driven organizations to increasingly rely on supplier collaborations and partnerships to enhance efficiency, drive innovation, and, most importantly, reduce costs. This trend is particularly pronounced in Ghana's oil and gas sector, which plays a vital role in the country's...
The 6th West African Institute of Mining, Metallurgy, and Petroleum Annual Industry Conference (WAIC 2024) concluded successfully on November 8, 2024, after two days of intensive discussions and networking.
Held at the Ghana Shippers Authority Auditorium in Accra, the event attracted over 1,000 professionals from the mining, geology, exploration, metallurgy,...
The country’s ambitious Petroleum Hub Project, an initiative of President Nana Akufo-Addo, continues to take significant steps toward transforming the nation’s petroleum downstream sector into a modern, diversified and financially sustainable 'energy economy'.
The Petroleum Hub is expected to ensure that all homes and industries in Ghana have access to...
The African Refiners and Distributors Association (ARDA) have asked 54 African countries to end dolarisation of petroleum products.
They asked the African countries to build integrated infrastructure to guarantee energy security that is independent of developed countries to stabilise their economies.
President of the ARDA, Dr. Mustapha Abdul-Hamid, while speaking at...
By Kizito CUDJOE
A total lodgement of US$840,765,266 was made into the Petroleum Holding Fund (PHF) as receipts for the first half of 2024 compared with US$540,456,124 for the same period in 2023, according to the Public Interest and Accountability Committee (PIAC).
This represents a 55.6 percent increase compared with the...
Domestic crude oil production increased by 10.7 percent in first-half 2024, reaching 24.86 million barrels (bbls).
If sustained, the trend will reverse a four-year decline in production volumes, according to the Public Interest and Accountability Committee (PIAC).
This development marks a sharp turnaround from the 13.2 percent drop recorded during the...