Ghana, one of Africa’s democratic standard bearers, is a relative newcomer to the oil sector. Having surpassed oil development’s teething problems, it has remained highly committed not to scaring foreign investors away and keep existing covenants intact. While the nation’s energy outlook is improving, significant challenges remain. This year saw...
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...
Tullow Oil Plc raised its production guidance on Wednesday, aided by higher output from its TEN and Jubilee fields in Ghana. The company now expects full-year West Africa net oil production, including production-equivalent insurance payments, to come in at 85,000-89,000 barrels of oil per day (bopd) compared with its prior...
A total of 1,000 Ghanaians will receive training annually as part of the newly launched Accelerated Oil and Gas Capacity Programme (AOGC), President Nana Akufo-Addo, has said. Two hundred Small and Medium Scale Enterprises (SMEs) will also be provided with the capacity to gain a competitive advantage in the industry...
Tullow Ghana Limited (TGL) has received assurance from Defence Minister Dominic Ntiwul that work is underway to upgrade equipment needed by the Ghana Navy to improve the security of offshore oil installations and oil and gas fields located off-coast the Western Region. Mr. Ntiwul gave the assurance on Tuesday when...
The National Petroleum Authority (NPA) has officially launched its National Petroleum Safety Campaign to raise awareness on adherence to safety protocols in the petroleum downstream sector, under the theme ‘People Safety First’. Speaking at the launch, Chief Executive of the NPA Alhassan Tampuli said since April this year, the authority...
The National Petroleum Authority (NPA) is urging its Nigerian counterpart to reduce the sulphur content in its diesel fuel to about 50parts per million (ppm). Nigeria is currently doing 3,000ppm of sulphur content, which is considered to be toxic fuel. Mr. Tampuli who was speaking in Nigeria, Lagos during the Oil...
Mr. Benjamin Boakye, Executive Director of African Centre for Energy policy (ACEP), has said more than 700, Ghanaian businesses have in the past 10 years registered with the Petroleum Commission. Mr Boakye said this during the 6th public session of Citizens Advisory Council in Takoradi. The session was organised by Western...
A ministerial coordinating committee mandated to enforce and ensure strict adherence to the new regulatory measures for the operations of the Liquefied Petroleum Gas industry in the country has been setup by government. The Ministerial Committee comprises Minister for Energy, Boakye Agyarko, as Chairman; Minister for Environment, Science, Technology and...
Government has placed an embargo on the construction of new gas and petrol stations across the country till further notice. This directive is part of new regulatory measures to enforce safety in the handling of LPG and petroleum products in the wake of the Atomic Junction gas explosion. In a statement...