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Browsing Category
Oil & Gas
You pay so much for fuel in Ghana because 40% of price is taxes
Fuel prices have been on the rise since April 2021, leading to persistent agitations among industry players and transport operators in the country.
Currently, a litre of petrol and diesel is selling at ¢6.90 at the various fuel stations.…
Petroleum Revenue Management Act requires amendment – GHEITI
The Ghana Extractive Industry Transparency Initiative (GHEITI) has underlined the need for the amendment of portions of the Petroleum Revenue Management Act (PRMA) to facilitate judicious utilization of mineral revenue to equally and…
Kosmos Energy says it’s making progress in oil production amidst COVID-19
Mr Joe Mensah, Senior Vice President and Head of Ghana Business Unit, Kosmos Energy, says the deep-water oil and gas exploration and production company made a steady leap in production despite the effects of the COVID-19 pandemic.
The…
Fuel prices should have been GH¢7.21 per litre – OMCs
The Association of Oil Marketing Companies (OMCs) says its members have been compelled to reduce their margins on the sale of all petroleum products in the wake of the surge in fuel prices.
The Chief Executive Officer of the Association,…
Fuel prices to hit GH¢7 per litre by end of year – IES
Fuel prices are likely to hit GH¢7.0 per litre or more by the end of the year, the Institute for Energy Security (IES) has projected.
Global demand for fuel is expected to increase in the winter and that could trigger a hike in prices…
Jubilee Field Partners urged to address sargassum seaweeds menace along Ghana’s West Coast
The Jubilee Field Partners in the oil and gas exploration, have been called upon to take concrete steps to address the Sargassum Seaweeds menace, which have engulfed the shorelines along the West Coast of Ghana.
The Executive Director of…
PIAC tells government to allow Stabilisation Fund to grow
Professor Kwame Adom-Frimpong, the Chairman of the Public Interest and Accountability Committee (PIAC), has urged the Ministry of Finance to minimise its short-term reliance on the Ghana Stabilitisation Fund to finance government…
First Ghanaian-owned and flagged marine vessel arrives
Tullow Ghana has taken delivery of Ghana's first-owned marine vessel, MV Flat Confidence, after a successful Offshore Vessel Inspection Database (OVID) testing on November 5, 2021.
As the first Ghanaian-flagged vessel, it is to support…
Scrap petroleum tax to provide relief – Minority
The Minority NDC Caucus in Parliament has called on the Government to scrap the Special Petroleum Tax on petroleum products in the 2022 Budget to provide some relief to Ghanaians.
It said crude oil price, with a bench-mark price of…
Ghana Environmental Advocacy Group raises concerns over Petroleum Hub Project
The Ghana Environmental Advocacy Group (GEAG), in collaboration with the Nzema Advocacy for Peace Building and the Petroleum Hub Committee, has raised concerns over the Petroleum Hub Development Project in the Jomoro Municipality.
The…