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Oil & Gas
Ghana annual oil production falls by 17.7%
Ghana's annual crude oil production has declined from 66.9 million barrels (bbl) in 2020 to 55.05 million bbl in 2021, representing a 17.7 per cent decrease.
The production level which is lower than the 2021 Benchmark Revenue crude oil…
WAPCo’s tariffs are now more competitive, fair, and transparent – MD
The Managing Director of the West African Gas Pipeline Company Limited (WAPCo), Mr Gregory Germani, says the Company’s tariffs are now more competitive, fair, and transparent and assures adequate and meaningful returns on investment.
Mr…
BOST income-earning assets have improved from 18 to 91% – MD
In the past two years, income-earning assets of the Bulk Oil Storage and Transportation Company Limited (BOST) have improved from 18 per cent to 91 percent, Mr Edwin Provencal, the Managing Director, has said.
He said that was a…
House of Chiefs calls for reduction in price of LPG
The Upper East Region House of Chiefs has called for a reduction in the price of Liquified Petroleum Gas (LPG) to make it affordable for most of the residents in the region.
That, the House of Chiefs said, would prevent them from felling…
CSOs and media undergo petroleum contract analysis training
To advocate effectively for accountability in oil contracting, the Natural Resource Governance Institute (NRGI) and the Petroleum Commission has organized a workshop on petroleum contract analysis for Civil Society Organizations (CSOs) and…
Fuel prices to drop marginally in the coming days – IES
Fuel prices are likely to drop marginally between 3 to 5 per cent in the coming days, the Institute for Energy Security (IES) has projected.
In its Projections for the April 2022 First Pricing Window (April 1 to April 16, 2022), the…
Fossil fuel is still part of Ghana’s energy mix – Minister
The Ministry of Energy has resolved that fossil fuel, particularly natural gas would continue to be part of the nation's energy mix, Dr Mathew Opoku Prempeh, the Sector Minister said on Monday.
That notwithstanding, Dr Prempeh said…
Ghana needs joint venture to revamp Tema Oil Refinery – Dr Kpodar
Dr Chris Kpodar, Chairman, and Chief Executive Officer of Solomon Investments Ghana Limited, has called on the Government to enter into a joint venture with reputable international oil companies to help revamp the Tema Oil Refinery.
Dr…
Minority urges government to cushion Ghanaians over fuel hikes
The Minority National Democratic Congress (NDC) in Caucus in Parliament has called on the Government to put in place measures to alleviate the suffering of Ghanaians over the fuel price hikes.
The group also called on President…
Commercial drivers ask for reduction in petroleum taxes
Commercial drivers in New Juaben South have asked for a reduction in petroleum taxes because of rising prices of petroleum products at the pumps.
The price of petroleum products, particularly liquefied petroleum gas, diesel, and petrol,…