AngloGold Ashanti (AGA) Obuasi Mine has donated an amount of GH₵1million to the Kwame Nkrumah University of Science and Technology (KNUST) Obuasi campus in the Ashanti Region. The gesture is part of AGA’s Socio-Economic Development Plan (SEDP) with commitment to contribute to the socioeconomic development of host communities through Community...
The National Petroleum Authority (NPA) Chief Executive, Dr. Mustapha Abdul-Hamid, has said the NPA in consultation with the Association of Oil Marketing Companies (AOMCs) has come up with criteria for distributing the next consignment of petroleum products which have been imported under the Gold for Oil (G4O) programme. According to...
Leading oil and gas marketing company in Ghana, So Energy Limited, has reiterated its commitment to giving more customers access to top-notch customer experience through strategic retail expansion and exceptional fuel solutions. A Sahara Group Company, So Energy currently has 12 branded retail outlets, widely acclaimed for their imposing designs,...
GOIL Customers have been feted with chocolates and other corporate gifts at a ‘my customer my love’ activation as part of the National Chocolate Day celebration which was marked on February 14. Customers at service stations such as New Bortianor, Nmajor and Burma camp in the South zone, Bunso Junction...
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,...
Tullow Ghana Limited (TGL) has dragged the Ghana Revenue Authority (GRA) to the International Chamber of Commerce over a tax dispute. Tullow Ghana filed a request for arbitration at the London-based International Chamber of Commerce in respect to two disputed tax assessments received from the GRA. The assessments relate to the...
Tullow Oil plc (Tullow) announces that Tullow Ghana Limited (TGL) has filed requests for arbitration with the International Chamber of Commerce in London in respect of two disputed tax assessments received from the Ghana Revenue Authority (GRA). The assessments relate to the disallowance of loan interest deductions for the fiscal...
The managing director of the Bulk Oil Storage and Transportation Company Limited (BOST), Edwin Provencal, has said the company is ready to take advantage of the African Continental Free Trade Area (AfCFTA), after revamping its revenue generating infrastructure. Provencal made this disclosure when he took his turn on the #PatrioticSpaces...
The current management of the Bulk Oil Storage and Transportation Company Limited (BOST) has serviced the entire debt of the company, ushering a new lease of life to the once struggling state-owned enterprise. The managing director of BOST Edwin Provencal said the company’s current management has cleared all the monies...
Tullow plans to invest US$300million into Ghana in 2023 - out of the group investment of US$400million, primarily in the Jubilee Field. Investment in Ghana is expected to support production and free cash flow generation for the company, which will further reduce net debt and strengthen Tullow’s balance sheet. Over...