The Ghana National Petroleum Corporation (GNPC) has indicated it will explore all avenues to retrieve the US$50million it advanced to the Ministry of Finance (MoF) in 2014, the Public Interest and Accountability Committee (PIAC) report has revealed.
The US$50million was advanced to the Ministry of Finance for construction of Western...
GOIL has rewarded its customers as part of this year’s National Chocolate Day celebration.
The largely promotional give-away themed ‘My Customer, My Love’ took place across all 8 zones of the company nationwide, and coincided with the Valentine’s Day celebration.
In Accra, a team led by the Zonal Manager Helen Kyeremanteng visited...
(Bloomberg) — Shell Plc, ExxonMobil Corp., Chevron Corp. and Equinor ASA plan to withdraw multibillion-dollar lawsuits against Nigeria’s state energy company after finalizing new terms for deepwater oil production in Africa’s largest crude producer.
In letters to two New York federal judges on Aug. 22, the oil majors said they...
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 proposed Growth and Sustainability Levy has the potential to dampen investments into oil and gas exploration and trigger litigations, if approved, the Ghana Upstream Petroleum Chamber, has warned.
The levy, which is currently before Parliament, if approved, will impose a 1 percent tax on gross production for oil and...
The Upper East Regional Office of the National Petroleum Authority (NPA) has embarked on an exercise to clamp down on sixteen illegal reseller outlets popularly known as ‘gao gao’ in the region.
The region had observed an alarming proliferation of these reseller outlets in areas such as Pelungu, Duusi, Gbane...
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...
So far, an estimated US$324million worth of drilling, acquisition and interpretation of seismic, geological and geophysics data projects have been postponed across the petroleum upstream sector, the National Petroleum Commission has said as the coronavirus pandemic continues to wreak havoc on the country’s oil and gas industry.
Among them is...
Blue Ocean Investment Limited, a leading bulk distribution specialist of petroleum products, has received three ISO certifications - ISO 9001:2015 (Quality Management Systems), 1SO 14001:2015 (Environmental Management Systems), and ISO 45001:2018 (Occupational Health and Safety Management Systems) - making it the first bulk distribution company to be certified in...
… Pegs 10 cent per kilowatts hour as maximum selling price
Barely two weeks after the commissioning of the nation’s first Hydro-Solar Hybrid power generating system, which includes a 5 Megawatts (MW) floating solar system, the first in West Africa, the Bui Power Authority (BPA) has been inducted into...