… as Parliament passes bill
Parliament has passed into law, the Petroleum Hub Development Corporation Bill, 2020 to allow for the establishment of a petrochemical hub in the Western Region of Ghana.
The US$ 60billion project will see the establishment major infrastructure for petrochemical refining and processing, as well as the...
To say this pandemic poses a threat of serious losses to the Petroleum Industry worldwide might not adequately capture the sheer numeric magnitude of the shortfall for this particular industry. We are talking about an industry where small change is spoken about in the billions, so you’d have 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...
Government has said it will soon launch a Public Register of Petroleum Agreements, Permits and Authorisations, in accordance with the provisions of the Petroleum Exploration and Production Law.
According to the Deputy Minister of Energy in charge of Petroleum, Dr. Mohammed Amin Adam, the move is to outline Government’s commitment...
A team of officers from the National Petroleum Authority (NPA) is in the Central Region visiting selected communities as part of a nationwide door-to-door LPG safety campaign.
The team, from the Corporate Affairs Division, visited several eateries in the Mankessim, Komenda and Cape Coast areas, where vendors were educated on...
The staff of GRO Oilfield Alliance Ghana Limited – specialists in oilfields services – has presented two 43-inch Television (TV) sets and some assorted drinks to the Twin City Special School at Essipong in the Sekondi-Takoradi Metropolis.
“The presentation is in honour of a late staff of the company, Aran...
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...
Various parties to the Tema LNG Project have agreed amendment to the Commercial Agreements, which effectively frees the national oil agreement from its earlier commitment to be paying for regassified liquefied natural gas now, even at volumes significantly reduced in 2019.
The latest development which will see the deferral of...
The second edition of the Ho Technical University GOIL - CIMG Entrepreneurial Marketing and Innovation Awards has been held in Ho in the Volta Region with Miss Evelyn Benyiwaa Yankson emerging Winner.
Miss Yankson, an immediate past student of Hospitality and Tourism Management beat off competition from six other student...
Government is set to establish a refinery in Takoradi that will refine 150, 000 barrels of oil per-day, Energy Minister, Boakye Agyarko has revealed.
The “new TOR”, as the Minister terms it, will be will reduce significantly, the amount of oil the country imports to meets its demands, and to...