The State Interest and Governance Authority has held the first of a series of media engagement to give accountability of progress and growth made in various State-Owned Enterprises, Joint Venture Companies and Other State Entities.
In this maiden edition, the Bulk Oil Storage and Transportation (BOST) and Ghana Gas were...
Government has launched a public register of petroleum contracts, agreements, authorisations and permits in a bid to enhance transparency and accountability in the upstream oil and gas sector.
The register, which was curated by senior staff of the Petroleum Commission, is hosted via a web portal and presently contains 17...
The presentation focused on the global energy transition and the role of renewable energy within this transition and also opened the platform for a collaborative and informative panel discussion. The current trajectory suggests that renewables are displacing the use of fossil fuel in energy generation partly due to climate...
…as companies switch to renewables
The Civil Society Platform on Oil and Gas (CSPOG) has called for urgent steps to contain the risk of stranded oil wells, as oil producing companies show disinterest in exploring and producing the commodity in Ghana.
According to the group, investments in exploration and new development...
As a result of the stringent measures instituted, the retail outlet failure rate has reduced drastically from 32% as at 2013 to 2.51% as at August, 2021,the Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid has said.
Among the key strategies adopted are the revision of operating...
Crude oil production in the country for first-half (H1) 2023 saw a significant decline, amid various developments and concerns related to petroleum revenues and regulatory compliance.
The country produced a total of 22.4 million barrels (bbls) of crude oil from its three offshore producing fields - Jubilee, Tweneboa, Enyenra, Ntomme (TEN) and Sankofa...
GOIL Company Limited has grabbed two prestigious awards at the 2020 Ghana Energy Awards and the Ghana Business Awards 2020.
The highlight was the conferment of the ‘CEO OF THE YEAR- PETROLEUM’ category to the Group Chief Executive Officer and Managing director of GOIL, Mr Kwame Osei –Prempeh at the...
Tullow Ghana Limited (TGL) has dragged the Ghana Revenue Authority (GRA) to the International Chamber of Commerce over a tax dispute.
Tullow Ghana filed a request for arbitration at the London-based International Chamber of Commerce in respect to two disputed tax assessments received from the GRA. The assessments relate to the...
By Joshua Worlasi AMLANU ([email protected])
The Petroleum Holding Fund (PHF) recorded a total inflow of US$1.06 billion in 2023 despite economic headwinds.
This figure represents a slight decrease of US$0.37 billion from 2022's US$1.43 billion, according to the Bank of Ghana’s latest report. H1 2023, ended with crude oil prices dropping...
The National Petroleum Authority (NPA) has cautioned the public against placing Liquified Petroleum Gas (LPG) cylinders near naked fire or inflammable liquid.
The Authority said such act could cause fire outbreaks which would result in loss of lives and property.
Speaking at an LPG awareness and sensitization campaign durbar at the...