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Oil & Gas

Minister says Ghana is environmentally prepared for oil and gas drilling

Ghanaians living within the oil catchments area can report any environmental hazards caused by the oil and gas drilling to the Environmental Protection Agency’s (EPA) regional offices. The Ministry of Environment, Science and Technology, is therefore, training and equipping staff of the EPA to enable them to handle any such …

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Ghana promises to support neighbours with oil and gas

Vice President John Dramani Mahama on Wednesday gave the assurance that Ghana would not hesistate to support its neighbours with her resources anytime the need arises. “We are all neighbours and therefore need to be interdependent on each other and with the discovery of oil and gas in Ghana, government will …

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TUC commends Parliament for seeking views on Petroleum Act

The Ghana Trades Union Congress (GTUC) on Wednesday commended Parliament for the opportunity to comment on the Petroleum Exploration and Production Bill before its enactment. However, it encouraged Parliament to offer interested stakeholders enough time to critically analyse and comment on the bill. The commendation was contained in a release …

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Chartered Institute of Bankers organizes workshop on oil and gas industry

The Chartered Institute of Bankers (CIB), on Monday organized a four-day workshop in Accra, on letters of credit, to build the capacity of bankers and stakeholders in the oil and gas industry. The workshop is to ensure that participants are ready to take delivery of oil and to transact business …

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Oil companies in Ghana can’t flout laws – Ablakwa

Government will ensure that oil companies comply with the laws of the country as well as with business agreements, Mr Okudjeto Ablakwa, a Deputy Minister of Information on at the weekend said. He was speaking at a public forum on the oil find organized by the Committee for Joint Action …

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PEF calls for provision of skills training for Ghana’s oil industry

The Private Enterprise Foundation (PEF) on Thursday called on the government to focus on standardization and skills development for local operators in the emerging oil industry which would be crucial in achieving the 90 percent local content by 2020. The foundation said the government simply developing local content policies by …

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Ghana asked to invest oil revenue in infrastructure development

Mr Kyle Whitehill, Chief Executive Officer of Vodafone Ghana has urged government to ensure that revenue to be derived from the emerging oil industry is used for infrastructure development. “The oil sector has the capacity to sustain accelerated development of the country, “he added. Mr Whitehill said that he was …

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Workshop on oil calls for livelihood security, environmental protection

Participants at a workshop on the oil and gas industry have stressed the need for an immediate government’s attention on livelihood security and protection of the environment. In addition, government should put in place the necessary mechanisms to ensure coastal communities were not marginalised in the benefits from the petroleum …

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Expert warns that oil revenue expectation is threat to Ghana’s security

Dr Kwesi Aning, a Security Expert, has expressed dissatisfaction over false optimism some politicians have whipped up in the public over expected revenue in the oil and gas industry, describing the situation as unfortunate. He said the false expectation which was used as propaganda toolby some politicians during the Election …

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