The Bulk Oil Storage and Transportation Company Limited (BOST) has said it plans to seek amicable redress with Hask Oil over a GH₵9.9million judgement debt slapped on it by an Accra High court. The company said it is opting for this option due to a garnishee order nisi by the...
The Chief Executive (CE) of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid has reiterated government’s commitment to the implementation of the Cylinder Recirculation Model. Dr. Abdul-Hamid gave the assurance at a meeting with LPG Marketers Association (LPGMC) at the Fiesta Royale Hotel in Accra on Wednesday. “It is not...
Petroleum Tanker drivers can heave a sigh of relief, as government is set to begin construction on the 5.4km road from the VALCO Roundabout to the Tema Oil Refinery (TOR) depot area. The construction will be done in 24-months and is expected to begin in two weeks. This was disclosed by...
The Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid, has said the NPA will not hesitate to revoke the licences of industry players who continually flout the rules. Dr. Abdul-Hamid said this at a meeting with board members of the Association of Oil Marketing Companies (AOMC) at...
The newly incorporated Association of Indigenous Oil Marketing Companies of Ghana (AIOMCG), has revealed that it continues to receive more membership interest, from Ghanaian owned Oil Marketing Companies (OMCs). According to the coordinators of AIOMCG, they have reached out to over 30 indigenous OMCs and more than 15 of them...
U.S. Ambassador to Ghana Stephanie S. Sullivan joined  Buipewura Abdoulai Jinapor II and members of the Global Shea Alliance (GSA) to commemorate Shea Day with a tree planting event within the grounds of the Yagbonwura’s Jakpa Palace in Damongo. This event is a part of the Action for Shea Parklands...
Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid has assured that his primary objective is to ensure rules and regulations are adhered to by players in the petroleum downstream industry. According to him, that is the only way the industry will achieve its vision, whilst players enjoy...
Italian oil giant Eni has announced a significant oil discovery on the Eban exploration prospect in Cape Three Points (CTP) Block 4, offshore Ghana. The Eban - 1X well is the second well drilled in CTP Block 4, following the Akoma discovery. Preliminary estimates place the potential of the Eban–Akoma...
Tullow Oil has announced the drilling of two more wells at Jubilee field - oil production and water injector wells – so far this year, in an effort to increase production; which would offset the near‐term production declines. This forms part of Tullow’s new strategy for a multi-well drilling programme...
A Hight Court has ordered Italian oil and gas firms ENI and Vitol to set aside 30 percent of oil proceeds from the Sankofa Field in an escrow account, pending the final determination of an application filed by Springfield E&P - a wholly Ghanaian-owned upstream firm. The two oil companies...

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