Oil & Gas

The Bank of Ghana has given approval to the Tema Oil Refinery (TOR) to raise $54 million from local banks to pay for 600,000 barrels of crude oil which have remained on the high seas for the past four weeks. Until the approval, TOR was…

The National Coordinator of the Centre for Social Impact Studies (CSIS) a local NGO, Mr Richard Ellimah has stressed the need for Ghanaian to monitor revenue from the oil sector to ensure that it benefits the people. Mr Ellimah made the…

The pro-opposition pressure group, Alliance for Accountable Governance (AFAG), on Tuesday congratulated the government on its “amicable resolution” of the protracted legal battle with the EO Group, a partner of Kosmos Energy of the US.…

The Kumasi Polytechnic would from next academic year start degree programmes in Petrochemical Engineering and four other areas of study, Professor Nicholas Nicodemus Nana Nsowaah-Nuamah, the Rector, said. These include Nursing, Pharmacy,…

The government of Ghana is expected to shift its attention from the mining sector following the emergence of the country's oil sector, which is seen to be leading the economy since commercial production began on December 15, 2010, according…

Liquefied Petroleum Gas (LPG) has become a scarce commodity in the Sekondi-Takoradi Metropolis for several weeks. Most gas filling stations in the metropolis had run out of gas resulting in long cylinder queues at the few filling stations.…

Mr Paul Evans Aidoo, Western Regional Minister, on Monday advised drivers to use petrol and diesel for their vehicles, instead of Liquified Petroleum Gas (LPG). He gave the advice when opening the Kan Royal Service Filling Station at Ituma…

The Management Development and Productivity Institute (MDPI) has assured the citizenry of international standards to well position Ghana in the oil and gas industry. Mr Assibit Philip Akpeena, Managing Consultant of MDPI told a media…

Mrs Sherry Ayittey, Minister of the Environment, Science and Technology, at the weekend underscored the need for a sustainable oil sector that would not compromise the nation’s environment. She said the Environmental Protection Agency was…

A team of research scientists at a seminar on the Environmental and Social issues of extractive industries in Ghana on Thursday July 28, 2011 called on government to speed up the gas infrastructure project that aims to transport gas from…