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Oil & Gas

Tullow Oil assures local businesses of some upturn in trade

Mr. Charles Darku, the Managing Director of Tullow Ghana limited says local businesses would once more see some revival soon. According to him, despite the numerous business hiccups with regards to oil production, price drops has had bearing on local industries. He said the company had put in place total …

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Energy Minister expresses concern over GNPC guarantees

Mr Boakye Kyeremateng Agyarko, Minister of Energy has expressed concern over certain practices in the past where GNPC was used as the cash-cow to support other government entities. According to him it was not a healthy practice because the comingling of assets from different entities raises certain contingent liabilities that …

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Oil money will be used to fund free SHS – President

President Nana Addo Dankwa Akufo-Addo has stated that the proceeds from the Ghana’s oil would be channeled into the funding of the Free Senior High School (SHS) Programme when it takes off next academic year. He stated that so long as he remained as the President, funds from the oil …

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President calls for proper maintenance plan for Atuabo Gas Plant

President Nana Addo Dankwa Akufo-Addo  has called on the management of the Atuabo Gas Plant to put in place proper maintenance plans to help the plant serve its purpose for the benefit of the present and future generation. He said the future of the country’s economy largely depended on the …

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Natural gas is key to addressing Ghana’s energy needs – GNPC

The Ghana National Petroleum Corporation (GNPC) has urged the Government to use natural gas in addressing the mounting energy needs of the country. Dr Kofi Koduah Sarpong, the Chief Executive Officer (CEO) of the GNPC, said natural gas for power production was the right decision that government could take to …

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Ghana Gas committed to implementing Local Content Policy

Dr Ben Asante, the Chief Executive Officer (CEO) of Ghana Gas, has said more indigenes from the Western Region would be offered employment in the gas sector in fulfillment of the Local Content Policy. He said it has, therefore, become imperative to collaborate with the traditional authorities to chart a …

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Ghana government to publish all oil contracts

The Ghana government says it will publish the full list of all oil contracts that the country has signed by the end of the year, according to a report by the Natural Resources Governance Institute (NRGI) citing the deputy Minister of Energy, Dr. Mohammed Amin Adam. According to the report, …

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Stick to road map in reducing sulfur content in fuel – Council

Mr. Saeed Kutia Ubeidalah, Vice Chairperson of the Tema District Council of Labour, has asked government to stick to the agreed road map for the implementation of a standard sulfur content of fuel put forward by National Petroleum Authority (NPA). He made this call on Thursday during the Tema District Council of …

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GNPC must be free from political interference – Manteaw 

A member of the Public Interest and Accountability Committee (PIAC) has stressed the need for the country to insulate the Ghana National Petroleum Company from partisan politics to enable the company function more effectively and efficiently. Dr. Steve Manteaw noted that recent happenings at the GNPC where seasoned brains such …

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We’ll make Ghana petroleum hub in sub-Region – President

President Nana Addo Dankwa Akufo-Addo, on Thursday, stated that his Government would strive to ensure that Ghana becomes the petroleum hub in the sub-region. The Government would, therefore, pursue its vision to establish a thriving petrochemical industry to guarantee sufficient, reliable and affordable clean energy for power generation and supply …

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