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Oil & Gas
Withdraw Cylinder Recovery Levy now – Association
LPG Marketing Companies Association of Ghana has called for the immediate withdrawal of the new Cylinder Recovery Levy introduced by the National Petroleum Authority (NPA).
The NPA on April 2 introduced the Cylinder Recovery Levy by…
NPA introduces LPG Cylinder Recovery Margins levy
The National Petroleum Authority (NPA) on Thursday said the newly introduced levy or Cylinder Recovery Margin is to support stakeholders in the supply chain ahead of the implementation of the cylinder Recirculation Model (CRM).
A…
COVID-19: Aker Energy postpones development of Ghana oil field
Aker Energy and license partners have taken the decision to postpone the development of the Pecan field in the Deepwater Tano Cape Three Points block offshore Ghana due to global disruptions caused by the Covid-19 pandemic.
Aker Energy…
GSA, Petroleum Commission to collaborate to standardise oil measurement
The Ghana Standards Authority (GSA) and the Petroleum Commission (PC) have agreed to collaborate to standardise oil measurement in the country.
The decision was arrived at during a meeting between Professor Alex Dodoo, Director-General…
PIAC cites Tullow Oil for wrongful payments
Tullow Ghana Plc has joined the list of oil companies making wrongful lodgments of oil revenues due the government of Ghana.
The 2019 Semi-annual Report of the Public Interest and Accountability Committee (PIAC) cited Tullow of having…
OMCs decisions on fuel pricing violate NPA Act – Think Tank
CUTS Ghana, a research and advocacy policy think tank, has expressed dismay at the Association of Oil Marketing Companies’ (AOMCs) decision to set a percentage cap and defer the window for reducing fuel prices at the pump.
This,…
Minority debunks President Akufo-Addo’s statement on oil wells
The Minority National Democratic Congress (NDC) in Parliament has disagreed with a statement by President Nana Akufo-Addo in the 2020 State of the Nation Address (SONA) that their administration did not drill new oil wells between 2013 and…
Ghana government pays up over GH¢515m BDCs Legacy Debts – Ministry
The Government has completed the payment of all legacy debts owed the Bulk Oil Distribution Companies (BDCs) and Banks towards reducing the Non-Performing Loans (NPLs) in the banking sector and strengthening the operations of the BDCs.…
Ghana government urged to intensify oil exploration in north of country
Mr Prince Bagnaba Mba, President of Forum for Equity, a, human rights organisation has called on government to intensify oil exploration in northern Ghana.
He said:” the Ghana National Petroleum Corporation, the Petroleum Commission,…
Women representation in energy sector is low – Tullow
Mr Kweku Awotwi, the Executive Vice President of Tullow Ghana, an oil production company, has described the representation and participation of Ghanaian women in the energy sector as “depressively low.”
He quoted a 2018 Study on Gender…