Home / Oil & Gas

Oil & Gas

Government urged not to depend on oil revenue alone

Mr Abdalla Ali-Nakyea, a Tax Consultant and Attorney has called on state institutions tasked with fiscal planning and management to look at domestic sources of revenue to boost and grow the economy as against the over-reliance on oil proceeds. “We have left domestic sources of revenue mobilization and hinged our …

Read More »

Ghana to set-up National Petroleum Training Institute

Ghana has initiated measures to understudy Aberdeen Skills and Enterprise Training Limited (ASET), which is an International Oil and Gas Training Academy towards the setting up of the National Petroleum Training Institute. Mr Egbert Faibille, Chief Executive Officer of Petroleum Commission, Ghana, disclosed the setting up of the Petroleum Training …

Read More »

Hundreds of millions evaporate: The hazy pattern of corruption in Gaz du Cameroun

The Cameroonian subsidiary of the British company, Victoria Oil and Gas (VOG), already threatened with suspension of its activities in Cameroon, has faced new challenges, including the cancellation of a major contract, delays in approving new concessions and lawsuits from former employees alleging fraudulent payments, sexual harassment and forgery of …

Read More »

Petroleum Commission meets Aberdeen Drilling International

The Petroleum Commission, Ghana as part of its broader mandate as the Upstream Petroleum Regulator, on Wednesday engaged Aberdeen Drilling International on technological transfer and global issues relating to the sector. Mr Egbert Faibille, Chief Executive Officer of the Petroleum Commission explained operations in Ghana’s upstream sector, the role of …

Read More »

Petroleum revenue will continue to be tracked – Dr. Manteaw

The Civil Society Platform on Oil and Gas (CSPOG), has upped its tracking of the petroleum revenue for evidence-based abuses. Dr. Steve Manteaw, its Chairman, said they were going to focus on six selected districts in the Western Region – Ahanta West, Nzema East, Ellembelle, Shama, Jomoro and Sekondi-Takoradi. The …

Read More »

Over $50b needed for petroleum hub agenda – Agyarko

Mr Boakye Agyarko, the Energy Minister, has said over $50 billion investment funds would be needed to build a relevant petroleum infrastructure such as an oil refinery, tank farms, pipelines, marine facilities and other allied facilities to make Ghana a petroleum hub. He said the estimated amount was reached after …

Read More »

Major players in downstream sector petition Energy Minister 

Four major multinational Oil Marketing Companies Engen Ghana Limited, Total Petroleum Ghana Limited, Vivo Energy Ghana Limited; and Puma Energy Distribution have jointly expressed reservations about the draft local content policy for the downstream sector. The multinationals in a petition to the Energy Minister, Mr Boakye Keremanteng Agyarko explained that …

Read More »

Stakeholders discuss risk management in the oil and gas sector

The Institute of Risk Management Professionals Ghana (IRMPG) has held a day’s forum to discuss risk management in the oil, gas and energy sector and prescribe potential management plans. The meeting, which gathered experts in the industry also showcased modern technology tools and management practices that, could be used to …

Read More »