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Oil & Gas
Trinidad & Tobago to assist Ghana chamber to take advantage of local content in oil industry
The Sekondi-Takoradi Regional Chamber of Commerce and Industry (STRCCI) is establishing links with the Energy Chamber of Commerce of Trinidad and Tobago to enable it assist its members to take advantage of the Oil and Gas Local Content Bill…
Tullow finds quality light oil offshore Ivory Coast
Tullow Oil says June 7, 2012 that its Paon-1X exploration well has discovered good quality light oil in Ivory Coast.
Paon-1X is the first deepwater exploration well drilled in the CI-103 licence and has encountered 31 metres of net oil pay…
Government asked to allocate portions of oil revenue to NHIA
Participants at the first public meeting on the management of petroleum revenue, held in Takoradi in the Western Region, have called on Government to allocate portion of revenue accruing from oil to the National Health Insurance Authority…
Western Region debates management of petroleum revenue
The people of Western Region, on Thursday discussed the management of petroleum revenue received in 2011, at the first public forum held in Takoradi by the Public Interest and Accountably Committee (PIAC).
The PIAC was inaugurated by…
Ghana says it issued bonds, stocks to pay TOR debt
Dr Kwabena Duffuor, Minister of Finance and Economic Planning, on Thursday said government issued a three-year bond for GH¢445.0 million in March 2010 for the partial settlement of the GH¢1 billion debt the Tema Oil Refinery owed Ghana…
Community takes measures to prevent encroachment on lands due to oil find
Shama, a fishing town in the Western Region, is putting in place modalities to prevent encroachment as a result of the oil find in the Western Region.
The Shama District Assembly (SDA) in collaboration with the “Hen Mpoano Initiative” and…
Some 1500 jobs created in oil and gas sector, 57% Ghanaians – Minister
Available records indicate that about 1500 jobs have been created in the oil and gas sector and out of this number, about 840, representing about 57 per cent are Ghanaians.
The exact number of people from the Western region employed in the…
Group cautions Ghana on removal of fuel subsidies proposed by IMF
The Integrated Social Development Centre (ISODEC), a civil society organisation, has expressed concern about attempts by the International Monetary Fund (IMF), to foist on the government, a decision to remove subsidies on petroleum…
Total Petroleum Ghana to scale up brand investment to boost market share
Total Petroleum Ghana has said it would continue to invest in its brand to boost market share and ensure that it scaled difficulties in the competitive and challenging petroleum downstream industry.
“The company will continue to invest in…
Ghana government shown in another violation of Petroleum Revenue Management law
The government of Ghana has been shown in another instance to have violated the country's Petroleum Revenue Management law.
In a press release issued by the Public Interest and Accountability Committee (PIAC), the statutory body…