The National Petroleum Authority (NPA) is assisting its counterpart in Sierra Leone, the Petroleum Regulatory Agency (PRA), to improve efficiency in regulating the petroleum downstream in that country.
A team, led by its Executive Chairman, Dr. Brima Baluwa Koroma, said they were here to share and learn experiences in terms...
Shareholders of oil marketing giant GOIL have approved the nomination of four new members at a virtual Extraordinary General Meeting (EGM) held in Accra.
The new Board members - Reginald Daniel Laryea, Mr. John Boadu and Angela Forson, all government representatives, and Mr. Edwin Provencal, BOST representative, were ratified to...
The managing director of the Bulk Oil Storage and Transportation Company Limited (BOST), Edwin Provencal, has said the company is ready to take advantage of the African Continental Free Trade Area (AfCFTA), after revamping its revenue generating infrastructure.
Provencal made this disclosure when he took his turn on the #PatrioticSpaces...
Guyana has become one of the main upstream stars of the past decade, rising from zero to hero in less than 5 years. Much of Guyana’s rise to prominence took place as its first and largest offshore discovery, the Liza field, was commissioned in late 2019.
With the passing of...
The maximum storage capacity a Liquified Petroleum Gas (LPG) station can have is 20 tonnes, the National Petroleum Authority has directed following the tough stance taken by Cabinet to forestall the deadly gas explosions the nation is becoming ill-reputed for.
Appearing before parliament’s Mines and Energy Committee, CEO of the...
A new record for Eni in deep-field production: the Sankofa-Gye Nyame field, in the prolific OCTP block.
Eni says it has launched production from the Integrated Oil&Gas Development Project, in the Offshore Cape Three Points (OCTP) block, off Ghana’s western coast, in just two and a half years, and...
A decade after oil discovery in Ghana, the commodity’s revenue generation developmental impacts so far are questionable, Professor John Asafu-Adjaye - Senior Research Fellow, Institute of Economic Affairs (IEA) - has stated.
He said despite the fact that some of the revenue generated from oil has been saved for future...
Energy Minister Dr. Matthew Opoku Prempeh - together with senior officials of the Petroleum Commission, Ghana National Petroleum Corporation (GNPC) and GOIL - is in Houston-Texas, USA, on an oil and gas roadshow.
The delegation also includes officials from Base Energy and is seeking to promote five available oil blocks...
ZEN Petroleum has participated in the 2021 edition of the Forecourttech Conference in Alicante, Spain, being the only Oil Marketing Company (OMC) operating in Ghana to have taken part in the conference. ZEN’s participation is a crucial step towards bolstering the international standards that have defined its operations and...
Out of an estimated US$31.2billion generated from commercial oil production in the last ten years, the state has gained only 20 percent with too little to show how the country has benefitted, a Public Interest and Accountability Committee (PIAC) report has shown.
According to the report, the US$6.55billion is the...