The Ghana Upstream Petroleum Chamber has held its 2023 Ghana Oil and Gas Conference. The well-attended conference brought together over 500 participants from industry, government, banking, academia and numerous professional services with an interest in oil and gas.
The two-day conference had the theme Prospects and opportunities in the oil...
A three-day downstream compliance workshop to equip managers and supervisors of oil marketing companies (OMCs) with industry-related information began in Accra on Tuesday.
Organised by the National Petroleum Authority (NPA) Business Development Department, the workshop seeks to improve OMCs’ compliance with the Authority’s regulatory requirements and avoid sanctions.
Opening the workshop,...
The Consolidated Energy Service Chamber Ghana (CESCGHA) has been officially launched at the Petroleum Commission premises in Accra
CESCGHA is a chamber and mouthpiece for oil and gas service providers in Ghana’s upstream oil and gas industry, and it envisions strengthening the competitiveness of indigenous Ghanaian companies in the energy...
President Nana Addo Dankwa Akufo-Addo, on Friday inaugurated First Oil from the Jubilee South East (JSE) Project, a project undertaken by Tullow, in collaboration with the Ghana National Petroleum Company (GNPC), Kosmos Energy, Jubilee Oil Holdings Limited, and Petro SA.
According to President Akufo-Addo, the success of the South East...
Petrosol Ghana Ltd. has supported the Chamber of Petroleum Consumers (COPEC) with fuel worth GH¢10,000 to enable them to embark on their activities.
COPEC is an important player in the petroleum downstream sector focused on petroleum consumer rights advocacy, especially in the area of consumers receiving the right quantity and...
Parliament has directed the Ghana National Petroleum Corporation (GNPC) to take immediate steps to transfer its shares in the offshore company Jubilee Oil Holding Limited (JOHL) to its subsidiary company GNPC Explorco.
This development follows mounting concerns raised by several key stakeholders, including the Public Interest and Accountability Committee (PIAC)...
The National Democratic Congress (NDC) Member of Parliament (MP) for Yapei Kusawgu, John Jinapor, has called upon the Akufo-Addo government to utilize existing laws to safeguard indigenous companies like Genser Energy.
He emphasized the importance of these companies actively participating in nation-building.
Jinapor who is also the ranking member of the...
The Parliamentary Select Committee on Mines and Energy has found no evidence of any losses from a deal between the Ghana National Petroleum Corporation (GNPC) and Genser Energy Ghana Limited (GEGL), concluding an investigation into unfounded claims of irregularities.
The investigation was initiated in response to claims made by the...
The Bulk Oil Storage and Transportation Company Limited (BOST) recorded a net profit of GH¢342.5million in 2022.
The figure represents an increase of 112 percent over the 2021 earnings of GH¢160.7million, and is the second consecutive year that the state-owned company has returned profit.
Consequently, its operating income also increased -...
…ensuring fuel price stability
Ghana's downstream oil and gas sector stands as a cornerstone of its economic development - providing the energy needed to power industries, transportation networks and households across the nation. Ensuring the continued vitality of this sector is of paramount importance to Ghana's economic stability. At...