The Chief Executive (CE) of the National Petroleum Authority, (NPA), Dr. Mustapha Abdul-Hamid has told Civil Society Organisations (CSOs) in the energy sector, that government is in the process of reviewing the price deregulation regime of the petroleum sector, which has been in effect since 2015.
He said this last...
Eighty dormant Oil Marketing Companies (OMCs) on the books of the National Petroleum Authority, will soon have their operating licenses revoked, NPA’s CEO, Dr. Mustapha Abdul-Hamid has notified.
Dr. Abdul-Hamid, who was addressing the board of Association of Oil Marketing Companies (AOMCs) as part of his familiarization visit to petroleum...
Ghana and Côte d'Ivoire took a bold step in June 2019, to start an initiative that was later seen by many as a masterstroke that would bring some relief to cocoa farmers in the cocoa processing value chain.
Even though the two countries produce close to 60 percent of the...
The country is pushing itself to increase the current volumes of non-traditional exports to US$25 billion from the current US$2.5 billion by 2030, Deputy Minister for Trade and Industry, Herbert Krapa has said.
The move is being powered through the National Export Development Strategy (NEDS) which aims to achieve substantial...
But says power struggle, gov’t’s posture not helping
The ongoing tussle between Eni Ghana and Springfield Exploration regarding the unitisation of the Sankofa Field and Afina discovery will do little to sway investor appetite for the country’s oil and gas industry, Institute for Energy Security (IES), has said.
“There...
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...