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Oil & Gas
Sankofa delivers first gas to Ghana power producers – Vitol
The oil company, Vitol today August 20, 2018 announces that the Offshore Cape Three Points (OCTP) has made its first gas delivery from the Sankofa field to the Ghana National Petroleum Corporation (GNPC).
In a press release copied to…
Ghana is capable of running free SHS with proceeds from natural resources – Manteaw
Dr Steve Manteaw, Chairman of the Public Interest and Accountability Committee, over the weekend said compared to other African countries, Ghana is more capable of funding the free senior high school programme.
He said for instance…
NPA clears Globex Energy of tax evasion
The National Petroleum Authority (NPA) has cleared Globex Energy Limited to do business in all petroleum downstream activities.
Earlier in a press release, the NPA suspended Globex Energy Limited together with other oil companies over…
Involve chiefs and communities on procedures and oil funded projects – Stakeholders
Participants at a two-day National Stakeholders’ engagement on the allocation and utilisation of petroleum resources have proposed the setting up of community monitoring groups on oil funded projects as the state strive to ensure value for…
CSOs call for re-negotiation of Ghana ExxonMobil deal
Trade Unions and Civil Society Organisations (CSOs) have urged government to re-negotiate the draft ExxonMobil deal to ensure that the country generated more revenue.
They said a careful look at the current draft contract could help…
Ghana lifts 3.96 million barrels of crude oil in first five months of 2018
The Ghana National Petroleum Corporation (GNPC) has lifted four parcels of crude oil on behalf of the State in the first five months of 2018, compared with three liftings in 2017.
This involved 3.96 million barrels of crude oil,…
Keta Delta Block oil contract is bad business for local people
In 2015 the Ghana government, the Ghana National Petroleum Corporation, the state-owned oil company signed a petroleum agreement with an oil company known as Swiss African Oil Company and its local subsidiary, Pet Volta Investments…
Ghana makes $4.009b from petroleum in seven years
Dr Steve Manteaw, the Chairman of Pubic Interest and Accountability Committee (PIAC), on Thursday disclosed that Ghana has benefited a total sum of $4.009 billion from petroleum revenue in the seven years of petroleum production.
He…
PIAC urges GNPC to take a second look at pricing policy
Mr Dennis Gyeyir, the Technical Officer of the Public Interest Accountability Committee (PIAC) has said the committee has found out that the price of the Tweneboa, Enyenra, Ntomme (TEN) crude for Ghana Group was lower than the estimated…
PIAC says it will engage Special Prosecutor over expenditure of oil money
The Public Interest and Accountability Committee (PIAC) would soon hold a meeting with Mr Martin Amidu, the Special Prosecutor (SP) over the disbursement of revenue accruing from oil resources, Dr. Steve Manteaw, Chairman of the…