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Oil & Gas

GNPC defends investments

Mr Alex Mould, the Chief Executive of the Ghana National Petroleum Corporation (GNPC), has defended the Corporation’s investments over the past few years saying they are strategic and forward looking. Mr Mould made the remarks at the Africa Oil and Power Conference in Cape Town, South Africa, a statement made available to the Ghana …

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Delay in passing new Petroleum Bill into law a shame – Dr Manteaw

The Chairman of the Civil Society Platform on Oil and Gas (CSPOG) Dr Steve Manteaw says the country needs to be ashamed for the delay in passing the Petroleum Exploration and Production Bill to replace the current law. The bill which has been in parliament for some years now, is …

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Parliament conditionally approves GNPC 2016 programme

Parliament has approved the programme of activities for 2016 for the Ghana National Petroleum Corporation (GNPC), which has been in contention for some time now. The approval had been delayed at earlier sittings for lack of clarity and details in expenditure schedules. Consequently, the approval was given on the condition …

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Energy Ghana ranking after retail oil prices up

Energy Ghana, a subsidiary of Energy Media Group’s latest fuel prices chart has shown oil marketing companies increased ex-pump prices in the first week of June, a move expected to exert upward pressure on inflation. Fuel prices have a big effect on the inflation rate, which eased to 18.7 per …

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MODEC, Tullow build welder training centre in Accra

MODEC Ghana, operators of the FPSO Kwame Nkrumah, and Tullow Ghana Limited have partnered the Regional Maritime University (RMU) to build a state-of-the-art Welder Training Centre on RMU’s campus in Accra. The $1.6 million training centre would be accredited by the American Welding Society (AWS) and its training programmes would …

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OMCs increase fuel prices

The Oil Marketing Companies (OMCs) have increased the retail prices of petroleum products for theJune 1 to 15 review period pegging Super between GH¢3.499 and GH¢3.650 and Diesel between GH¢3.399 and GH¢3.547. Engen Ghana Limited has pegged Super at GH¢3.450 per litre and Diesel at GH¢3.410 per litre,  Ghana Oil Company …

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Africa Oil Governance report launched

Africa Centre for Energy Policy (ACEP), has launched the Africa Oil Governance Report to highlight governance issues of concern in the oil and gas industry in Africa. Some of the issues include policy and regulatory, transparency, accountability and corruption, The report highlights the governance efforts of African oil producing countries …

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NPA taking measures to track fuel station integrity – CEO

Mr Moses Asaga, the Chief Executive Officer of the National Petroleum Authority (NPA), says NPA has put in place stringent measures to effectively monitor, enforce, and tighten the relevant regulations on the establishment of filling stations in communities. Mr Asaga said new technological equipment had also been installed to track …

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Petroleum industry asked to offer NVTI students placement

Assistant Manager at the Charlotte Dolphin National Vocational Training Institute (NVTI) at Sanzule in the Western Region, Mr Nathaniel Aboroborah has appealed to the petroleum company Eni Ghana Ltd, to absorb students from the Institute to do their practical internship. The move, he noted, would endow the students with skills …

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Total to invest over GH¢160m capital – MD

Total Petroleum Ghana Limited, as part of its three year investment programme (2014 – 2016), would invest over GH¢160 million into products and services to ensure consumer satisfaction. Mr Oliver Van-Parys, the Managing Director of Total Petroleum Ghana Limited, said the company’s investments in 2015 reached a level of GH¢51.1 …

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