...say it’s smokescreen to redirect billions
The proposed joint operatorship deal between the Ghana National Petroleum Corporation (GNPC) and Norwegian company, Aker Energy will increase Ghana’s debt by 5 percent, a collation of civil society organisations (CSOs), have said.
The 15-member strong CSOs said the deal which the GNPC is...
Giving the amount of recent activity in Ghana’s upstream oil and gas industry, BFT spoke to David Ampofo, CEO of the Ghana Upstream Petroleum Chamber to hear his views on developments.
Question:
How is the oil and gas industry doing at the moment?
Answer:
Industry is bouncing back gradually. COVID 19 continues to...
The proposed deal to allow the Ghana National Petroleum Corporation (GNPC) to acquire significant stake in Aker Energy’s two oil blocks can best be described as a strategic defence for the economy in the long term, the Institute for Energy Security (IES) has said.
The civil society organisation believes that...
Lubricants Supplies Ghana, the authorised distributor of Castrol lubricants in Ghana, has demonstrated its customer-centric services during the five years of its establishment in the industry in Ghana.
As part of the celebration, the company embarked on a national roadshow – float - for two days in each region to...
In the coming week, several matters related to the oil and gas industry in Ghana will hog the airwaves. For us in Ghana, we have prided ourselves in the fact that we are a small but prosperous country, but one that has not been able to maximize its divine...
The Chief Executive (CE) of the National Petroleum Authority, (NPA), Dr. Mustapha Abdul-Hamid has told Civil Society Organisations (CSOs) in the energy sector, that government is in the process of reviewing the price deregulation regime of the petroleum sector, which has been in effect since 2015.
He said this last...
Eighty dormant Oil Marketing Companies (OMCs) on the books of the National Petroleum Authority, will soon have their operating licenses revoked, NPA’s CEO, Dr. Mustapha Abdul-Hamid has notified.
Dr. Abdul-Hamid, who was addressing the board of Association of Oil Marketing Companies (AOMCs) as part of his familiarization visit to petroleum...
But says power struggle, gov’t’s posture not helping
The ongoing tussle between Eni Ghana and Springfield Exploration regarding the unitisation of the Sankofa Field and Afina discovery will do little to sway investor appetite for the country’s oil and gas industry, Institute for Energy Security (IES), has said.
“There...
The Bulk Oil Storage and Transportation Company Limited (BOST) has said it plans to seek amicable redress with Hask Oil over a GH₵9.9million judgement debt slapped on it by an Accra High court.
The company said it is opting for this option due to a garnishee order nisi by the...
The Chief Executive (CE) of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid has reiterated government’s commitment to the implementation of the Cylinder Recirculation Model.
Dr. Abdul-Hamid gave the assurance at a meeting with LPG Marketers Association (LPGMC) at the Fiesta Royale Hotel in Accra on Wednesday. “It is not...