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Finance Ministry breaching petroleum revenue law

…. yet to submit reports of oil-funded projects to Parliament The Finance Ministry has been accused of flouting aspects of the Petroleum Revenue Management Act(PRMA)...
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Energy

Petroleum Commission warns oil companies over illegal transfer pricing

The Chief Executive of the Petroleum Commission, Mr Egbert Faibille Jnr, has warned companies engaged in transfer pricing to stop the practice immediately or...
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Energy

Ghana looks to ramp oil production

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...
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Energy

LPG stations limited to 20 tonnes of storage

The maximum storage capacity a Liquified Petroleum Gas (LPG) station can have is 20 tonnes, the National Petroleum Authority has directed following the tough...
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Headlines

Tullow Oil raises FY production guidance on Ghana fields

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...
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Energy

Oil and Gas capacity programme to train 1000 annually

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...
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Cocoa

Cocobod says it’s clearing debts after wasteful spending

Cocobod has initiated reforms to clear its debts of up to 19.6 billion cedis (US$4.45bn) which resulting from bloated contracts and wasteful expenditure by...
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Oil and Gas

Defence Minister pledges retooling the navy to protect oil fields

Tullow Ghana Limited (TGL) has received assurance from Defence Minister Dominic Ntiwul that work is underway to upgrade equipment needed by the Ghana Navy...
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Companies

NPA launches National Petroleum Safety Campaign

The National Petroleum Authority (NPA) has officially launched its National Petroleum Safety Campaign to raise awareness on adherence to safety protocols in the petroleum...
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Oil and Gas

NPA urges Nigeria to reduce sulphur content in fuel

The National Petroleum Authority (NPA) is urging its Nigerian counterpart to reduce the sulphur content in its diesel fuel to about 50parts per million...
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