Deputy Minister pledges transparency in oil money spending
Deputy Finance Minister, Mrs. Mona Quartey, has repeated the government’s unwavering commitment to ensure transparency in the spending of the oil and gas revenue to propel the growth of the…
Oil & Gas
Sankofa Gas field faces major delay in production target
Yesterday September 22, 2016, the Ghana government, its partners, and the World Bank signed an agreement to provide guarantees totaling $700 million for the Sankofa Gas Project, but despite the…
CSOs urged to engage government on usage of oil revenue
Major Daniel Ablorh Quarcoo (Rtd), the former Chairman of Public Interest Accountability Committee (PIAC) has urged civil society organisations (CSOs) to seriously engage government in discussions over the usage of…
Ghana accrues $3.208b from oil in four years
Ghana had total annual petroleum receipts of $ 3.208 billion from 2011- 2015. But from 2010-2015, it produced 161,797,171barrels of crude oil, Mr Roland Affail Monney, the President of the Ghana Journalists…
Cut down on petroleum revenue supported projects – PIAC
The Public Interest and Accountability Committee (PIAC) has called for substantial cut down on projects implemented with the annual budget funding amount (ABFA) from the petroleum revenue. Professor Paul Kingsley…
Penplusbytes leads discussions on the oil factor in December Elections
The “Ghana Elections 2016 – Amplifying Oil, Gas and Elections issues” project has been launched in Takoradi to help heighten awareness and strengthen responsiveness to oil and gas governance concerns in…
Fired workers of Eni unhappy with layoff procedure
Disgruntled workers of Desimone Limited, Eni Sanzule Site project on Monday demonstrated against the authorities of the company for wrongfully laying off 25 workers before the end of their seven-month…
Stakeholders decry high cost of projects funded with petroleum revenues
The stakeholders at a day’s sensitisation workshop on the utilisation of the petroleum revenues, have expressed concern about the high cost of projects funded with the petroleum revenues. They, therefore,…
Siemens increases investment in Ghana’s energy sector
Global technology powerhouse Siemens has announced further significant investment in gas and steam energy generation projects in Ghana over the next three to five years. One of the world’s largest…
Oil revenue alone cannot support Ghana’s development – Prof. Buah-Bassuah
Professor Paul Buah-Bassuah of the University of Cape Coast and Chairman for the Public Interest and Accountability Committee (PIAC), has called on government to invest into other sectors as the revenues…