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Oil & Gas
BOST signs Collective Bargaining Agreement
The management and union of Bulk Oil Storage and Transportation (BOST) Company Limited have signed a Collective Bargaining Agreement after 12 years of unsuccessful attempts.
The Board of BOST and the Union reached an agreement which has…
Petroleum Commission secures training for Ghanaian students in Canada
The Petroleum Commission (PC) has secured an arrangement with Baker Hughes,GE to train five Ghanaians to become internationally accredited and certified specialised welders to enable them serve in the oil and gas sector.
The one-…
GOIL plans to enter West African petroleum market – CEO
Mr Patrick Kwame Akpe Akorli, Group Chief Executive Officer of GOIL Company Limited on Thursday announced that the Company as part of its strategic plans intends to expand its presence in West Africa.
“GOIL as part of a broader strategic…
Free Zones to build multipurpose Oil and Gas Industrial Parks
Michael Okyere Baafi, Chief Executive Officer of the Ghana Free Zones Authority (GFZA), on Tuesday said the Authority intends to build a state-of-the-art Export Processing Zones (EPZ) and Multipurpose Industrial Parks in Shama and Takoradi.…
Local gas market has significant potential to transform economy – GNPC
The local gas market is relatively small, but has significant potential to transform the economy, Mr Hamis Usif, Manager, Gas Business, Ghana National Petroleum Corporation (GNPC), has said.
He noted that, the local gas market is…
Transparency is expensive but it pays – GNPC
Mr Dennis Baidoo, the Marketing Manager of the Ghana National Petroleum Corporation (GNPC), a commercial vehicle marketing the nation’s oil has said, transparency, although expensive, has made the Corporation vibrant in its operations.…
PIAC urges government to desist from using oil to acquire loans
Dr Steve Manteaw, Chairman of the Public Interest and Accountability Committee (PIAC) has appealed to the Government to desist from using the nation’s petroleum resources as collateral for loans.
“We should desist from contaminating…
Allow TOR to refine Ghana’s crude oil – Isaac Osei
Mr Isaac Osei, Managing Director of the Tema Oil Refinery(TOR), says the country’s refinery must be allowed to refine portions of Ghana’s crude oil for the local market instead of selling all on the international market.
Mr Osei…
GNPC awards scholarships to 200 Ghanaians to study in Cuba
The Ghana National Petroleum Corporation (GNPC) has awarded scholarships to 200 Ghanaian students (170 undergraduates and 30 post graduates) to study medicine in Cuba.
The GNPC is sponsoring them in conjunction with the Ministry of…
Banks should support oil sector growth to reduce unemployment – Banking expert
Mr Osei Gyasi, the Head of Banking Supervision of the Bank of Ghana, has urged banks to meaningfully support growth of the oil sector to create jobs and reduce unemployment in the country.
“If the banks have long term adequate capital,…