Puma Energy has been named the Best company in Employee Safety and Security Management Practices, and Best Company in Health and Safety Campaign at the second edition of the Health, Environment, Safety and Security (HESS) Awards held at the Kempinski Hotel in Accra.
The event, which sought to create awareness,...
… to cut down energy cost and guarantee constant supply
Board Chairman of Nuclear Power Ghana (NPG), Fred Oware, has said the country is planning to switch its energy base-load – the permanent minimum load that a power supply system is required to deliver – from the Akosombo and Kpong hydro power...
As Ghana is considered an emerging player in the oil and gas sector, the Petroleum Commission set up in 2011 was charged to regulate the upstream (exploration and production) industry after commercial production began in 2010.
Due to the strategic and effective regulatory policies implemented by the petroleum commission, many...
The Ghana Oil and Gas Insurance Pool (GOGIP) raked-in a gross premium income of about GH¢302million (US$63million) in 2018 and GH¢267million (US$48million) in 2019, representing a dip of about 12%.
According to latest reports from the National Insurance Commission (NIC), GOGIP is made up of 22 non-life insurance company and...
The Public Interest and Accountability Committee (PIAC) has warned against the use of oil revenue as collateral for government borrowing, arguing that the practice could prevent the country from making the most of its hydrocarbon resources.
The warning comes after an analysis by PIAC showed that between 2014 and 2019,...
Ghana’s domestic card, the gh-link card has received a major boost as Shell has begun deploying Point of Sale (POS) devices that accept the domestic cards, at their fuel filling stations. Shell is the second oil marketing company to accept gh-link cards after GOIL. The deployment is being enabled...
The Ghana Upstream Petroleum Chamber has called on the Secretary to the Economic Management Team, Prof. Joe Amoako-Tuffour, in the Vice President’s office at Jubilee House.
The team was led by Mr. Joe Mensah, Senior Vice President & Head of Kosmos Energy Ghana; Chairman of the Council of the Chamber,...
Angola, Africa’s second-largest oil producer after Nigeria, will need foreign and government investments to discover up to 57 billion barrels of crude oil by 2025, according to a new energy strategy reported by state news agency ANGOP.
Angola’s plan includes foreign investment of US$679 million as well as US$188 million investment by...
… provides additional income at almost no cost
Finance Minister Ken Ofori-Atta has said that the country has been transparent and forward-thinking in the setting up of the Agyapa Royalties deal which would be Africa’s first Gold Royalty Company which would ensure that the country does not only benefit from mining operation...
The Public Interest and Accountability Committee (PIAC) wants the country to move from investing petroleum funds in only low-risk Instruments to a mixture of both high and low.
This, along with diversifying place of investment - mostly the USA market, PIAC's Technical Manager Mark Agyeman argues, will offer maximum returns...