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Oil & Gas
Use part of premix subsidies for insurance for fisherfolks – GTA
The National Premix Fuel Committee and the Ministry of Fisheries and Aquaculture has been urged to set aside some percentage of the monies use to subsidize premix fuel for an insurance scheme for fisher-folks.
Mr Richster Nii Amarh…
Some Queen Mothers develop manifesto for oil revenue investment
Queen Mothers within the Western Region have developed a document, prescribing how the oil revenue could be utilised.
The move is to help Ghana become better at maximising the benefits from the petroleum sector.
Nana Akosua Gyamfiaba,…
Tullow Oil Executives pay working visit to Ghana
The Senior Leadership Team (SLT) of Tullow Oil Plc, led by the Chief Executive Officer, Rahul Dhir are paying a working visit to Ghana in the week of September 27, 2021.
A statement from the company said the visiting Executives would…
BOST pays $585m trade debt within four years – MD
The management of the Bulk Oil Storage and Transportation (BOST) Company Limited, has paid $585 million of its $624 million trade debt it inherited in 2017 via Internally-Generated Funds over the past four years.
Mr Edwin Alfred…
PIAC tells government to develop long-term plan to facilitate development
The Public Interest and Accountability Committee (PIAC) has called on the government to institute and develop a national long-term plan to guide the use of oil and petroleum revenues to facilitate the country’s developmental process.…
Reginald Daniel Laryea now GOIL Board Chairman
Mr Reginald Daniel Laryea, Past President of the Advertising Association of Ghana has been appointed the new Chairman of the Board of Directors of GOIL Company Limited.
He takes over from Mr Kwamena Bartels.
The Shareholders of…
Citizens agitate for more legacy projects with oil revenue
Participants at a forum organised by the Public Interest and Accountability Committee, (PIAC) have called for judicious use of oil revenue on legacy projects rather than spreading the resources sparsely.
The move would ensure that future…
Petroleum revenue must focus on complete realisation of projects – PIAC
The Public Interest and Accountability Committee (PIAC) says petroleum revenue should be focused on the absolute realisation of priority projects.
Mr Noble Wadzah, a former Member of PIAC, said directing resources into many…
Ghana earns over $6.5b in oil revenue in 10 years – PIAC
The Public Interest and Accountability Committee’s Report on Oil Revenue shows that Ghana has bagged over $6.5 billion over the last ten years of mining the “black gold".
Out of the $6.550 billion received from 2011 to 2020, the Ghana…
PIAC, Community members unhappy with durbar grounds project at New Takoradi
Some members of the Public Interest and Accountability Committee (PIAC) on Project Monitoring have expressed unhappiness with what they described as "waste" of oil revenues on the construction of a durbar ground for the people of New…