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Oil & Gas
Correction: 900MW Domunli power plants will improve power generation, distribution in Ghana –…
Plans are far advanced for the construction of 900 megawatts power plants at Domunli in the Jomoro area of the Western region, the Energy Ministry has said on its website May 18, 2012.
This projects when completed, will feed on…
PIAC got no office, no letterheads, no money from government
The Public Interest and Accountability Committee (PIAC) has no office, no letterheads and no support staff since it was inaugurated in September 2011. The committee worked to prepare its first report by perching in the offices of…
Jubilee field oil production average 67,000 barrels daily – Tullow Oil
Tullow Oil, the major stakeholder in Ghana's Jubilee oil field says in 2012, oil production in the field averages 67,000 barrels per day.
It says in its Interim Management Statement issued Wednesday May 16, 2012 that in 2012 to date,…
Government contravenes law on allocation of funds into Ghana Petroleum Funds
The Public Interest and Accountability Committee (PIAC) has found that the government of Ghana acted contrary to the law on the Ghana Petroleum Funds when it allocated an amount less than that required by the law, but the committee fell…
World Bank says much work needed to fight corruption in extractive industry
Almost a decade after the Extractive Industries Review (EIR), the consensus among some CSOs and World Bank Group officials is that while some progress has been made in implementing the recommendations, on fighting corruption in extractive…
Economist urges Ghana, Uganda to maximize oil profits to benefit citizens
Ghana and Uganda have been urged to embark upon well strategized processes and programmes that will help maximize profits in the newly discovered oil sector to the total benefit of the citizenry.
The two countries have also been cautioned…
Ghana scores 60% on IEA Petroleum Transparency Index
Ghana scored 59.7 per cent on the Institute of Economic Affairs’ (IEA) Petroleum Transparency and Accountability (P-TRAC) Index score for 2011.
A report by the Institute made available to the Ghana News Agency in Accra on Wednesday, said…
Women have prospects in oil and gas industry in Africa – Geologist
The emerging oil and gas industry both in Ghana and in Uganda have a lot of prospects and potentials for all women in the two countries, Ms Lyoidah Kiconco, a Ugandan Geologist, said on Tuesday.
“All the women need to do is to get the…
Ghana to get new Marine Bill to address pollution in oil industry
A new Marine Pollution Bill, which incorporates the Convention on Oil Pollution Preparedness, Response, Co-operation and Dumping of Wastes to address the challenges of the oil industry, has been drafted to respond to the challenges of the…
Ghana extends Tap Oil exploration contract offshore Accra by 12 months
Ghana's Ministry of Energy has extended by 12 months, Tap Oil’s exploration period to continue drilling at the Offshore Accra Contract Area.
The Australian firm who confirmed the extension in a statement said May 11, 2012, “The Initial…