GOIL PLC is gearing up to enter the West African bitumen market by introducing innovative products, specifically polymer-modified bitumen (PMB) and bitumen emulsion, as part of the company's ongoing diversification efforts.
The company commenced bitumen production in the last quarter of 2022 after successfully constructing a bitumen terminal and production...
The Ministry of Energy has disclosed that the proposed US$620million Ghana National Petroleum Corporation loan from Lukoil International Trading and Supply Company (LITASCO) SA will be laid before parliament for approval next month.
According to the ministry, the GNPC is seeking the funds and has so far obtained board approval,...
Cocoa producers have emerged as the driving force behind cocoa market premiums as they continue to reap the benefits of a supply crunch, according to the latest International Cocoa Organisation (ICCO)cocoa market report released this month.
The ICCO's report highlights significant differentials in cocoa prices, emphasising that producers are currently...
The Ghana Upstream Petroleum Chamber has held its 2023 Ghana Oil and Gas Conference. The well-attended conference brought together over 500 participants from industry, government, banking, academia and numerous professional services with an interest in oil and gas.
The two-day conference had the theme Prospects and opportunities in the oil...
Dear Mr. Mahama,
I have read your social media post following announcement of the Producer Price of cocoa, it is essential to address certain misconceptions and misinformation which have arisen from that. While advocating for the welfare of our hard-working cocoa farmers is imperative, it is equally important to approach...
A three-day downstream compliance workshop to equip managers and supervisors of oil marketing companies (OMCs) with industry-related information began in Accra on Tuesday.
Organised by the National Petroleum Authority (NPA) Business Development Department, the workshop seeks to improve OMCs’ compliance with the Authority’s regulatory requirements and avoid sanctions.
Opening the workshop,...
Cocoa Merchant Limited (CML) has entreated cocoa farmers not to be enticed into smuggling beans to neighbouring countries, as the development has significant revenue implications for the country as well as the cocoa sub-sector.
According to the Managing Director (MD) of CML, Alhaji Abdul Fataa Adamu, the menace particularly robs...
The Consolidated Energy Service Chamber Ghana (CESCGHA) has been officially launched at the Petroleum Commission premises in Accra
CESCGHA is a chamber and mouthpiece for oil and gas service providers in Ghana’s upstream oil and gas industry, and it envisions strengthening the competitiveness of indigenous Ghanaian companies in the energy...
President Nana Addo Dankwa Akufo-Addo, on Friday inaugurated First Oil from the Jubilee South East (JSE) Project, a project undertaken by Tullow, in collaboration with the Ghana National Petroleum Company (GNPC), Kosmos Energy, Jubilee Oil Holdings Limited, and Petro SA.
According to President Akufo-Addo, the success of the South East...
Petrosol Ghana Ltd. has supported the Chamber of Petroleum Consumers (COPEC) with fuel worth GH¢10,000 to enable them to embark on their activities.
COPEC is an important player in the petroleum downstream sector focused on petroleum consumer rights advocacy, especially in the area of consumers receiving the right quantity and...