A Regional Workshop on the validation of the ECOWAS Draft Petroleum Code opened in Accra on Wednesday morning at the Mensvic Grand Hotel.
This Workshop comes on the back of ECOWAS' initiative to provide the region with a regional petroleum code. This regional Code will enable Member States to attract...
Energy Minister Dr. Matthew Opoku Prempeh - together with senior officials of the Petroleum Commission, Ghana National Petroleum Corporation (GNPC) and GOIL - is in Houston-Texas, USA, on an oil and gas roadshow.
The delegation also includes officials from Base Energy and is seeking to promote five available oil blocks...
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...
ZEN Petroleum, a leading privately owned downstream petroleum company in Ghana, has been included on the Financial Times' and Statista 2023 annual ranking of Africa’s fastest-growing companies, for the second year in a row. The ranking, which is now in its second year, includes ZEN Petroleum as one of...
Parliament has directed the Ghana National Petroleum Corporation (GNPC) to take immediate steps to transfer its shares in the offshore company Jubilee Oil Holding Limited (JOHL) to its subsidiary company GNPC Explorco.
This development follows mounting concerns raised by several key stakeholders, including the Public Interest and Accountability Committee (PIAC)...
By Kizito CUDJOE
The Chamber of Bulk Oil Distributors (CBOD) has vehemently opposed the government’s proposal to appoint the Bulk Energy Storage and Transportation Company (BEST) as the exclusive off-taker of Sentuo Oil Refinery Limited’s output under the gold for oil programme (G4O).
The proposal, government claims, is aimed at controlling...
MTN Foundation has invested a total of US$15 million in 150 projects in Ghana over the past 12 years. These investments cover areas such education, healthcare and economic empowerment.
On education, the foundation has 87 projects and these are on Information Communications Technology (ICT), dormitories for some Senior High Schools,...
Managing Director of Cocoa Merchants Ghana Limited (CML), Alhaji Abdul Fataa Adamu, has said efforts to ensure production of good quality cocoa beans while improving the livelihoods of farmers, through cocoa certification is significantly contributing to achieving cocoa production sustainability.
He observed that the “firm agreement made by top cocoa...
With rising COVID-19 infection rates, a reintroduction of social restrictions and the ensuing socioeconomic toll on some of the most vulnerable people that has characterized the turn of the year, a not-for-profit development outfit – Cocoa360 – is easing the strain on government’s efforts at curbing the disease, with...
But will farmers' expectations be met on 2022 Cocoa Day?
October 1 is designated annually as Cocoa Day. It marks the commencement of the cocoa year which ends in September the following year.
Cocoa Day is dedicated to celebrating the work and contributions of smallholder farmers to cocoa-producing economies and also...