The National Petroleum Authority (NPA) has sanctioned four Oil Marketing Companies (OMCs) for engaging in illicit third-party trading and unlawful lifting of petroleum products.
Per the sanction, Finest Oil will pay a fine of GH¢160,000 comprising GH¢10,000 for engaging in third-party supplies for the first time and GH¢150,000 for the...
The activities of smugglers remain a major threat to success of the country’s novel ‘gold for oil’ exchange programme, the Precious Minerals Marketing Company (PMMC) has warned.
The barter programme seeks to accumulate domestically mined gold in exchange for finished petroleum products in a bid to address currency depreciation; but...
The 1st Western Regional Oil and Gas Excellence Awards Ceremony has been held at the Akroma Plaza Hotel in the Western Regional capital, Takoradi, on Thursday, 15th December 2022. The Awards Ceremony which was organised by Top Brass Ghana under the auspices of the Western Regional Co-coordinating Council had...
The National Petroleum Authority (NPA) has revoked the licenses of 30 Oil Marketing Companies (OMCs) for non-compliance with the rules and regulations of the Authority on the acquisition and maintenance of the licenses.
The affected companies are Abagurugu Oil Company Limited; Apex Petroleum Ghana Limited; Avos Oil Company Limited; Best...
The Ministry of Lands and Natural Resources has said concerns about the intended government initiative to purchase oil with gold from the country will be resolved as the country readies to receive the first consignment of oil under the policy in a week.
According to the Deputy Minister for Lands...
The 1st Western Regional Oil and Gas Excellence Awards Ceremony has been held at the Akroma Plaza Hotel in the Western Regional capital, Takoradi, on Thursday, 15th December 2022. The Awards Ceremony which was organised by Top Brass Ghana under the auspices of the Western Regional Co-ordinating Council had...
Oil marketing companies (OMCs) are expected to reduce fuel prices significantly in the first week of 2023, with some selling at single digits, the Institute for Energy Security (IES) has predicted.
The prediction is coming on the back of the 5.28% and 5.09% fall in the prices of Gasoline and...
Ghana Gold Expo Foundation, in collaboration with Oxford University, has organised a Corporate Social Responsibility Workshop in Takoradi.
The workshop brought together international and national leaders in the mining sector, governmental and mine company representatives, non-governmental organisations, local community leaders and academics from both Ghana and the University of Oxford.
It...
The unending challenges troubling the global cocoa supply chain could derail attempts at ensuring sustainable cocoa production unless efforts are coupled with the payment of a higher farm gate price for cocoa, the 2022 Cocoa Barometer has said.
The sustainability issues, such as child labour and deforestation, according to the...
Mighty Earth, in partnership with EcoCare Ghana has launched Ghana Cocoa Accountability Map to address forest loss caused by some farmers in the country as a result of expansion of farms.
According to Mighty Earth, forest loss in the country remains excessively high, despite pledges by government and the chocolate industry...