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Browsing Category
Oil & Gas
SMEs need fuel payment plans to tackle business challenges
Zenith Bank has highlighted the critical need for small and medium-sized enterprises (SMEs) to adopt structured fuel payment plans to overcome the significant challenges they face in managing their operations.
Ghana oil revenue up despite continuous production decline
Ghana’s petroleum revenue rose significantly in 2024, reaching its second-highest annual level despite a continued decline in crude oil production, according to the Public Interest and Accountability Committee (PIAC).
Energy Ministry, NPA engage stakeholders on draft petroleum bill
The Ministry of Energy and Green Transition and the National Petroleum Authority (NPA) have held a stakeholder engagement to review comments on the draft National Petroleum Authority Bill, 2024.
Ghana’s upstream petroleum industry declining – PIAC
Ghana's upstream petroleum industry has hit its lowest trend in crude oil production in the last five years, the Public Interest and Accountability Commitee (PIAC) has disclosed.
Africa’s dependence on imported oil poses strategic risk – ARDA
A 30-day halt in petroleum product imports can cripple Africa’s economies, grounding planes, immobilising trucks, plunging hospitals into darkness, and disrupting supply chains, the African Refiners and Distributors Association has warned.
Atuabo Gas Processing Plant to shut down for maintenance works
The Ghana National Gas Company Limited has announced that it would shutdown the Atuabo Gas Processing Plant for scheduled maintenance works.
Ghana earns $370m from oil in first half of 2025 – Central bank
The Bank of Ghana has announced total petroleum receipts of $370 million for the first six months of 2025, according to its latest semi-annual report.
Minority slams Mahama administration over Eban-Akoma discoveries claim
The New Patriotic Party's (NPP) Minority Caucus in Parliament has accused the Mahama administration of alleged dishonesty and disingenuousness over its claim to have played a role in the Eban-Akoma discoveries in Ghana's upstream petroleum…
Oil projects in Upper Manya Krobo abandoned despite full payments – PIAC reveals
Traditional authorities and the people of Upper Manya Krobo are urgently calling for action over multiple petroleum-funded infrastructure projects that remain incomplete, despite official records confirming full payments to the contractors…
PIAC probes utilisation of petroleum revenue
The Public Interest and Accountability Committee (PIAC) has reiterated its commitment to promoting transparency and accountability in the use of petroleum revenues during a public forum held in Asesewa in the Upper Manya Krobo District.