Oil & Gas

The Ghana government has announced that it has paid a total of $1.470 billion to settle the country’s energy sector debts within the 2025 fiscal year. It also indicated that it has restored the World Bank guarantee for the sector.

The Tema Oil Refinery Limited (TOR) has announced the resumption of crude oil refining operations.

Parliament on Friday passed the Petroleum Revenue Management Amendments Bill II, to expand the definition of qualifying instruments of the petroleum revenues to include other investment options.  

The Tema Oil Refinery (TOR) has a $517 million debt to clear, Mr Edmond Kombat, the Managing Director of the Tema Oil Refinery (TOR), has disclosed.  

Fisherfolks in Keta Municipality of the Volta Region are calling on the government to effectively distribute premix fuel to all fishing communities to help speed up their work ahead of the Yuletide season. 

Market traders within the La Nkwantanang-Madina Municipal Assembly have called for an increased government stake in Ghana’s upstream petroleum sector to enhance the benefits accruing to citizens. 

A joint analysis by the United Nations Development Programme (UNDP) and KPMG, an auditing firm, has affirmed the government’s strategic shift from light crude oil to domestically produced natural gas for power generation.

The government, through the Ghana National Petroleum Corporation (GNPC) and its upstream subsidiary GNPC Explorco, is in discussions with Springfield Exploration and Production Limited (SEP) over a possible State-led acquisition of SEP’s…

The Human Rights Court (2) has reduced the bail of Dr Edwin Provencal, former Managing Director of the Bulk Oil Storage and Transportation (BOST) Company Limited, from GH¢60 million to GH¢30 million.

Members of the Public Interest Accountability Committee have elected Mr Richard Ellimah as their new Chairperson for the next one year.