Hiroshima after the US military dropped the atomic bomb on 6 August 1945. Peace Memorial Museum
This year marks the 75th anniversary of the bombing of Hiroshima and Nagasaki by the US in 1945, the only time in history that nuclear bombs have been used.
The atomic bombs killed tens of...
Following the successful staging of the maiden Western Regional Oil and Gas Excellence Awards ceremony last year, the 2nd Western Regional Oil and Gas Excellence Awards Dinner is due to be held in Takoradi on Friday, December 15, 2023.
The Western Regional Minister, Mr. Kwabena Okyere Darko-Mensah, will grace the...
Kenya’s Energy and Petroleum Regulatory Authority (EPRA) officials are in Ghana, to tap into the expertise of the petroleum downstream sector and exchange ideas on improving regulatory regimes and practices.
The 12-member delegation which is led by its Director-General, Mr. Daniel Kiptoo Bargoria would visit other allied institutions in the...
Brent reaches highest in five years
Ghana averagely imports more oil that it exports
Ghana will likely hedge its oil imports under a new risk management strategy to keep fiscal consolidation on track as global crude prices recover, a finance ministry source told Reuters on Monday.
Brent crude futures hit...
Oil retreated late on Thursday as the U.S. dollar rebounded from early losses and strengthened, denting support for the latest crude rally, but tight U.S. supplies limited the commodity’s decline.
The U.S. dollar rose against a basket of currencies .DXY after President Donald Trump said he wanted a “strong dollar.”...
Over 250 individual local suppliers in the oil and gas industry have undergone a one-day virtual training in business ethics and compliance, hosted by the National Upstream Petroleum Business Academy of the Petroleum Commission.
The training was organised by the Petroleum Commission in collaboration with Tullow Ghana Limited, to give...
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 newly-appointed board of the Volta River Authority has been mandated to convert all non-power businesses of the authority into stand-alone commercial ventures, as part of restructuring efforts commenced by government.
The authority, by its creation, is involved in other businesses in non-power sectors such as health, education, hospitality and...
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 spate of legal tussles within the petroleum upstream industry poses a real threat to sustainability of the nation’s oil production, say experts.
The experts, including Chief Executive Officer of the Ghana Upstream Petroleum Chamber, David Ampofo, and Executive Director of the Institute for Energy Security (IES), Nana Amoasi VII,...