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Browsing Category
Oil & Gas
Government proposes increase in petroleum levies to pay TOR debt
The government has proposed an increase in existing levies on petroleum products to raise additional money for the payment of the Tema Oil Refinery (TOR) debt.
The Tema Oil Refinery Company Fund Amendment Bill, which was submitted to…
Majority in Parliament kicks against proposed Petrol Development Fund
Controversial clause 17 of the Petroleum Revenue Management Bill, on Monday set Parliament apart again into voting sending the minority tumbling with 60 votes against 81.
By the decision there would not be a separate account for petroleum…
Bishop calls for goodwill to make oil discovery a blessing
Most Reverend John Martin Darko, Bishop of the Catholic Diocese of Sekondi-Takoradi, on Sunday noted that goodwill was required of all Ghanaians to ensure that the oil find became a blessing to the country.
A press release on his Christmas…
Western region people to co-exist peacefully with oil companies
Awulae Attibrukusu III, President, Western Regional House of Chiefs, has urged the chiefs and people of the region to co-exist peacefully with oil companies to ensure a successful oil and gas business in the region.
He said there would not…
Job seekers in oil and gas industry attend workshop
The Western Regional Chamber of Commerce and Industry (WRCCI) and the London-based Business Performance Institute have organized a three-day workshop about prospects in the oil and gas industry for 45 job seekers at Takoradi.
Speaking at…
Absence of Petroleum Revenue Law will not cause loss in oil revenue – Majority Leader
Mr Cletus Apul Avoka, Majority Leader, on Wednesday said there would be no revenue loss to the State even though the Petroleum Revenue Management (PRM) bill has not yet been passed.
Speaking in an interview with the Ghana News Agency…
Ghana, Turkey in oil barter deal
Turkey says it has reached an agreement with Ghana to buy oil from the country through a barter scheme arrangement.
News in the Turkish media seen by ghanabusinessnews.com says Turkey’s State Minister for Foreign Affairs, Zafer Çağlayan…
Ghana joins oil producing nations as first oil flows
Ghana on Wednesday joined the league of oil producing countries when it officially poured its first oil at the Jubilee Oil Field offshore Cape Three Points in the Western Region.
At exactly 1000 hours, President John Evans Atta Mills…
Mills steers wheel to initiate flow of Ghana’s Jubilee Oil
President John Evans Atta Mills on Wednesday symbolically steered the wheel on the control device of the Floating Production Storage and Off-loading vessel (FPSO) Kwame Nkrumah to initiate the flow of Ghana’s Jubilee Oil.
The Jubilee Oil…
Ghana government, Kosmos Energy resolve issues
Ghana has more to celebrate for its oil find following the amicable resolution of differences between the government and Kosmos Energy, one of the partners in the Jubilee Oilfield.
According to the Minister of Energy, Dr Joe Oteng-Agyei,…