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Oil & Gas
Oil spillage pollutes Ghana’s Axim coastline
A long stretch of the coastline at Axim in the Western Region has been inundated with heavy oil spillage, known as tar balls, as a result of the increase in vessel traffic in the country's waters.
The substance is not the country's sweet…
Ghana’s ‘Owo’ fields expected to start commercial production in 2014- Tullow Oil
Tullow Oil Plc says it is expecting to start first commercial production at the Tweneboa and Enyenra (Owo) fields in 2014.
According to the UK oil firm, it has conducted a “successful appraisal drilling and testing programme in the first…
Passing petroleum bill won’t affect contract with oil companies – Energy Advisor
There are various petroleum bills before Ghana’s Parliament, but when these bills are passed into laws, they would not change anything in the contract that the country already has with the oil companies producing oil in Ghana.
An energy…
Ghana’s Parliament suspends sitting to build consensus on Petroleum Management Bill
Progress at the consideration stage of the Petroleum Revenue Management Bill stalled on Tuesday for lack of consensus on contentious clauses that could change the destiny of the bill.
Sitting was suspended for over thirty minutes to enable…
MODEC finds no evidence of corruption in Ghana oil deal
MODEC, the Japanese company now under investigation for bribery in Ghana’s nascent oil sector says it has found “no evidence of any violation” in its role in the joint venture, the Wall Street Journal reports citing a statement from the…
Ghana’s first crude oil sold above $90 per barrel – Tullow
Tullow Oil and the Vitol Group, producers and marketers of Ghana’s oil, have rebuffed claims by a section of the Ghanaian media that the first consignment of 650,000 barrels from the Jubilee Oil Fields was sold below the prevailing world…
Jubilee oil can be refined in Ghana – Dr. Akabzaa
Ghana’s crude oil, the Jubilee sweet can be refined by Ghana’s Tema Oil Refinery, according to extractive industry expert, Dr. Thomas Akabzaa.
Dr. Akabzaa said these Sunday January 23, 2011during discussions at a weeklong Reporting Oil…
Oil Marketing Companies name accredited members for 2011
The Association of Oil Marketing Companies (AOMCs) on Saturday named 40 accredited oil marketing companies in good standing for business in 2011.
The companies are" Agapet Oil, Allied Oil, Anasset Oil, AP Oil & Gas, Bano Oil, Capstone…
Committee to protect oil, gas inaugurated
The Ministry of Defence has constituted a committee to protect the country's oil and gas fields against terrorist attacks, sabotage and environmental pollution.
The Petroleum Security and Co-ordinating Committee (PSCC) is also mandated…
Expert says Ghanaians must operate the oil industry in 10 years
An oil expert, Mr Ian Philips of the Robert Gordon University in Aberdeen, Scotland, has said Ghanaians should be competent enough in 10 years time to operate the oil industry without foreign tutelage.
"In 10 years time there is no reason…