Home / Oil & Gas (page 27)

Oil & Gas

Independent Oil and Gas Information Resource Centre launched

An Independent Oil and Gas Information Resource Centre (IOGIRC), has been launched to provide comprehensive information on the oil and gas sector, especially within Ghana, to ensure transparency in operations of all stakeholders and players. The IOGIRC is an independent institution under the Oil and Gas Capacity Building Project (OGCBP), …

Read More »

Danger looms around WAPCo’s Tema Regulatory and Metering station

A  huge settlement is developing around the West African Gas Pipeline Company Limited’s (WAPCo) Regulatory and Metering Station in Tema and its management is worried that any explosion would wipe out families and generations. Mrs Harriet Wereko-Brobbey, General Manager, Corporate Affairs, says Tema city managers are indifferent to the situation …

Read More »

Journalists urged to inform citizens on oil taxation

Penplusbytes, in collaboration with the Ghana Oil and Gas for Inclusive Growth (GOGIG), has held its Second Power Reporting Series on Tax Treatment for journalists with a call to investigate and accurately inform citizens on oil taxation.       The forum is to help build and upgrade the capacities of journalists …

Read More »

Ghana will you soon be the preferred destination for oil and gas exploration – Faibille

Mr Egbert Faibille Jnr, the Chief Executive officer of the Petroleum Commission (PC),  has said the award of the International Tribunal for the law of the Sea(ITLOS) in favour of Ghana would further strength her position as a preferred destination for oil and gas exploration and production in the sub …

Read More »

ACEP urges government to review existing petroleum agreements

The Africa Centre for Energy Policy (ACEP), a policy think tank, has urged government to review existing petroleum agreements to ensure that those who are not complying with the minimum work obligations are sanctioned.  The Centre said this should be done in an open and transparent manner to provide assurance …

Read More »

Ghana Revenue Authority serves Allied Oil Company with garnishee order 

The Ghana Revenue Authority (GRA) has served Allied Oil Company a garnishee order, directing the oil marketing company to pay any money due Ace Facade Limited, a construction firm, to the Authority for failing to pay tax. Mr John Yaw Boaben, the Chief Revenue Officer of GRA, addressing the media …

Read More »

Developmental impact of oil on Ghana so far questionable – Prof Asafu-Adjaye

A decade after oil discovery in Ghana, the commodity’s revenue generation developmental impacts so far are questionable, Professor John Asafu-Adjaye, Senior Research Fellow, Institute of Economic Affairs (IEA), has stated. He said the fact that some of the revenue generated from oil had been saved for future generations, and it …

Read More »

Spend oil proceeds within the expectations of the law – Government urged

Mr Ishmael Ejekumhene, the Executive Director of the Kumasi Institute of Technology and Environment (KITE), has called on government to stick to regulations governing the spending of oil proceeds as passed by parliament. He said a strict adherence of the law would help end the situation where millions of petroleum …

Read More »

Ellembelle District to get polyethylene plant  

Processes have commenced for the construction of a polyethylene plant in Esiama in the Ellembelle District of the Western Region. The project, which is an initiative of a consortium of Ghanaian investors in collaboration with the Ghana National Gas Company Limited (GNGC), forms part of the government’s One District, One …

Read More »

We need full participation in the oil sector – DCE

Mr Kwesi Bonzoh, the District Chief Executive of the Ellembelle District in the Western Region has stressed the need to involve the people of Nzemaland in the oil and Gas sector. This, he noted would help solve the basic needs issues of the people, adding “we cannot continue to wallow …

Read More »