Investment policy guidelines missing
Investment Advisory Committee absent
BoG tightlipped over ‘ poor’ investment returns
In deciding which models to adopt in managing its petroleum industry, Ghana hurried to Norway, a country hailed across the globe for its efficient management of the sector, for tutorials.
But at a time when...
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...
Seven years after oil production commenced, and several years after civil society sounded the alarm, the Ghana Standards Authority (GSA) has said it intends to implement the parallel metering system that is supposed to help monitor oil production volumes and safeguard revenues due the state.
In the past, government officials...
The National Petroleum Authority (NPA) has assured that there will be no increment in fuel prices at the pumps this festive season.
A statement signed by the NPA’s corporate Division and copied to the B&FT said: “This is as a result of a marginal drop of fuel prices on the...
The Chamber of Bulk Oil Distributors (CBOD) is calling for calm in the ongoing disagreement between the LPG Marketers Association and the National Petroleum Authority over the proposed cylinder recirculation program.
The LPG Marketing Companies Association of Ghana has accused government of a grand scheme to wipe them out of...
Natural gas transporter West African Gas Pipeline Company (WAPCo) has doubled its capacity from an initial 70mmscf per day to 140mmscf per day.
According to management, the infrastructural expansion works - which cost some US$3.5million - will enable the company to transport higher volumes of natural gas to VRA, aside...
BOST’s Managing Director Mr. Alfred Obeng, with his management team, embarked on a two-day working trip up north to inspect depots in Bolgatanga, Savulugu, Buipe and Debre.
During the visit, the MD affirmed continuity of BOST’s supply to Burkina Faso through SONABY - a Burkinabe state-owned company responsible for procurement...
…as it prepares to summon Finance Minister
Members of Parliament are demanding a for full list of projects funded with oil revenue and are considering inviting the Finance Minister to come and provide the legislature with a detailed lists of oil funded projects.
During the debate of the 2016 Public Interest...
For the fourth consecutive year the Ghana Oil and Gas Awards (GOGA) has rewarded the best of industry players from the upstream, midstream and downstream to allied and supply chain service providers.
At a glitzy event at the Kempinski Hotel Gold Coast City, more than 50 individuals and organisations were...
A decade after oil discovery in Ghana, the commodity’s revenue generation developmental impacts so far are questionable, Professor John Asafu-Adjaye - Senior Research Fellow, Institute of Economic Affairs (IEA) - has stated.
He said despite the fact that some of the revenue generated from oil has been saved for future...