Monday, February 6, 2023
The 1st Western Regional Oil and Gas Excellence Awards Ceremony has been held at the Akroma Plaza Hotel in the Western Regional capital, Takoradi, on Thursday, 15th December 2022. The Awards Ceremony which was organised by Top Brass Ghana under the auspices of the Western Regional Co-ordinating Council had...
Oil marketing companies (OMCs) are expected to reduce fuel prices significantly in the first week of 2023, with some selling at single digits, the Institute for Energy Security (IES) has predicted. The prediction is coming on the back of the 5.28% and 5.09% fall in the prices of Gasoline and...
IBM Petroleum Limited has been crowned the Best Growing Oil and Gas Company of the Year Award at the just ended 9th edition of the Ghana Oil and Gas Awards (GOGA) held at the Kempinski Gold Coast Hotel in Accra. The award was in recognition of the company's dedication and...
Ghana’s vast hydrocarbon potential and opportunities for investors to participate in the broader energy sector’s development were highlighted by Harry van Schaick, Managing Editor for Africa-Oxford Business Group (OBG), together with other economic analysts and industry experts recently at the Ghana Oil, Gas and Energy Summit 2022 that took...
Infrastructure, non-energy gas uses hold key The country could significantly boost its energy security and reduce heavy reliance on imports by prioritising domestic gas, Dr. Joseph Essandoh-Yeddu, an energy expert, has said. Currently, domestic gas is primarily used for power generation, but he said with the abundance of untapped...
The Chief Executive of the National Petroleum Authority, Dr. Mustapha Abdul-Hamid, has said the authority’s goal in the energy sector is to help eradicate energy poverty. In that regard, he said the NPA would engage Cabinet to remove some taxes on LPG to make it more accessible and affordable to...
Having served and played a significant role in the oil and gas industry since 1997, Minister Obiang Lima’s appointment as President of the Organisation of Petroleum Exporting Countries (OPEC) for 2023 is a well-deserved crescendo to a remarkable career. This comes after he officially assumed the presidency for the Gas...
Sulzer-Mansa, a joint venture service provider in the oil and gas industry, has commissioned a US$500,000 state-of-the-art rotating equipment service centre at New Amanful in the Ahanta West District of the Western Region. The centre is to serve the upstream players, mining and manufacturing industries as well as repair heavy...
The country has made some significant gains in its annual petroleum revenue, recording US$1.16billion as of third-quarter - which is US$550.53million more than it realised for same period last year. This amount translates to an 89 percent increase compared to the previous year, 2021, petroleum receipts of US$618.46million. The surge in...
Various parties to the Tema LNG Project have agreed amendment to the Commercial Agreements, which effectively frees the national oil agreement from its earlier commitment to be paying for regassified liquefied natural gas now, even at volumes significantly reduced in 2019. The latest development which will see the deferral of...
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