The Group CEO and Managing Director of GOIL, Kwame Osei Prempeh, has cut the tape to officially open a newly refurbished service station at Kwabenya, Accra. Located near the Atomic Road Kwabenya roundabout, the modern service station is equipped with an ultra-modern GoCafe, Auto centre, Lube bay, a Pharmacy and...
Last year, the Petroleum Holding Fund (PHF) received a total of US$664.9million as petroleum receipts realised from oil liftings among other revenues during the period, the semi-annual report on performance of the Ghana Petroleum Funds has shown. Per the report from the Bank of Ghana on performance of the PHF,...
An Accra Commercial High Court has ordered the Operators of Ghana’s Sankofa oil field, ENI Ghana Limited and its partner Vitol Upstream Ghana Limited, to immediately pay 30 percent of revenue realised from the sale of crude oil from the field to the Court Registrar. The payment, which is estimated...
The Chamber of Petroleum Consumers Ghana (COPEC) is forecasting a 3 percent increase in fuel prices at the pumps for the first week of January 2022. According to COPEC, the increase will lead to a 20 pesewas surge in the prices of petrol and diesel in the country. A statement from...
The leadership of the Ghana Cocoa Coffee and Shea nut Farmers Association (COCOSHE) have paid a working visit to the management of the Cocoa Processing Company Limited (CPC) at Tema. The National President of COCOSHE, Alhaji Alhassan Bukari  said that the visit was aimed at interacting with officials of the...
The Upper Middle Belt Zone has taken its turn in rewarding customers as part of a nation-wide promotion. GOIL’s Upper Middle Belt Zone comprises parts of Ashanti, Brong, Brong East, Ahafo and portions of the Western North Regions. The promotions took place at various GOIL service stations in Wenchi, Hwidiem, Nkroanza,...
The Petroleum Commission (PC) is training 150 young Ghanaians to acquire vocational, practical and hands-on skills that will position trainees to take opportunities in the upstream oil and gas industry. They were selected from a pool of 3,500 Ghanaians through a stringent and competitive selection procedure involving advertisement, examination and...
The Chief Executive of the Petroleum Commission, Egbert Faibille Jnr, has announced new measures to address challenges hampering implementation of the Local Content Law in the petroleum upstream sector. Announcing measures taken by the Commission to address these challenges, Mr. Faibille stressed that transfer of technology is one of the...
A modern one-stop shop Auto and Lube centre has been opened at Dahwenya GOIL near Tema in the Greater Accra region. The centre has a well-stocked Lubricant shop, Tyre change and Alignment section, and a state of the art diagnostic centre. The well-equipped centre is expected to serve vehicles plying...
as oil & gas players honoured at 8th GOGA Increasing refinery capacities and deepening intra-Africa trade for oil and petrochemical products are two key measures for creating wealth for now and the future of the continent, Deputy Minister of Energy, Dr. Mohammed Amin Adam, has said. He said, in efforts...