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Browsing Category
Oil & Gas
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…
Tullow Ghana appoints Lumor as Deputy Managing Director
Tullow Ghana has appointed Mrs Cynthia Lumor as Deputy Managing Director, effective October 1, 2021.
Mrs Lumor is the first to be appointed as Deputy Managing Director of Tullow Ghana since it began operations in 2006.
In a…
Ghana not getting enough revenue from oil and gas – GRA
Ghana is not reaping enough revenue from the Oil and Gas industry as it should because local players in the industry lacked the skills and competencies in dealing with their foreign counterparts.
Mr. Dominic Narh, Assistant Commissioner…
Oil prices rally as storm approaches Gulf of Mexico
Oil prices rose sharply on Friday and were on track to post big gains for the week on worries about near-term supply disruptions.
Benchmark Brent crude futures climbed 1.2 per cent to $71.05 a barrel, after having fallen 1.6 per cent on…
Discovery of oil in Jomoro has not translated into development – Ekye-Kwesi
The Jomoro CPP Parliamentary candidate in the December 2020 elections, Mr Patrick Ekye-Kwesie has reminded the government and operators that the discovery of oil and Gas in the Tano Basin has not benefited the people of Jomoro.
He noted…
GNPC debunks Auditor-General’s report on breach of public procurement law
The Ghana National Petroleum Corporation (GNPC), has debunked findings of the 2020 Auditor-General's report, which indicated that the Corporation had entered into five significant international business contracts totalling $34,165,235.15…
GNPC breaches Public Procurement Law – Auditor-General
The 2020 Auditor-General’s report has cited Management of the Ghana National Petroleum Corporation (GNPC) for breaching the Public Procurement Law.
According to the report GNPC signed and awarded five international business contracts…
NPA boss calls for depoliticisation of petroleum pricing
Dr Mustapha Abdul-Hamid, the Chief Executive of the National Petroleum Authority (NPA), has called for the depoliticisation of petroleum pricing and deregulation regime.
"The issue of petroleum pricing should not be an NDC and an NPP…
Stay off FPSOs to avoid calamity: Commission cautions fishermen
Mr Egbert Faibille Jnr, Chief Executive Officer, Petroleum Commission, has advised fishermen to stay off safety zones earmarked within the offshore oil rigs to avoid calamity to their lives, properties, and to the nation.
He said…