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Oil & Gas
Government to embark on aggressive exploration in upstream oil industry – Bawumia
Vice President Dr Mahamudu Bawumia has announced Government’s ambition to embark on aggressive exploration in the upstream oil industry to revive the petroleum industry, accelerate discoveries and to replace the depleting oil reserves.…
GNPC to commit $1m for petroleum research
The University of Cape Coast (UCC) and the Ghana National Petroleum Corporation (GNPC) have signed a Memorandum of Understanding (MoU) to establish a research Chair in petroleum commerce.
It is aimed at facilitating the sustainable…
GNPC will not engage in philanthropy anymore – CEO
The Ghana National Petroleum Corporation (GNPC) will no longer engage in philanthropy activities, Dr Kofi Konduah Sarpong, the Chief Executive Officer of GNPC has said
The organization will rather focus on social impact…
Petroleum Commission gives IOCs April 1 ultimatum to submit oil contract
The Petroleum Commission has given the International Oil and Gas Companies (IOCs) and other service companies, till April 1, to submit every oil contract to the Commission for proper review before they are sealed.
Mr Egbert Faibille…
Stakeholders deliberate on impact of oil, gas and the environment
Stakeholders at a day’s Summit on Oil, Gas and the environment have acknowledged the need for a policy on oil spillage in the country.
A detailed scrutiny of the National Oil spillage contingency plan revealed a huge gap in terms of an…
GE says to build waste gas to power plant in Ghana
GE says it will build a power plant to augment the electricity needs of Ghanaians by proposing to construct the first-ever 25MW Waste Gas to Power Plant.
According to a statement issued by the sub-Sahara Africa office of GE and copied to…
Parliament amends Special Petroleum Tax
Parliament has passed the Special Petroleum Tax amendments bill 2018 to reduce the levy from 15 to 13 per cent.
It is expected that fuel prices would decline by 70 pesewas following the revision of the tax.
This means a consumer would…
Western Naval Command arrest nine persons for illegal bunkering
The Western Naval Command has arrested nine persons for engaging in illegal bunkering, smuggling and other prohibited activities.
They were arrested at New Takoradi, Inchaban and other locations within the jurisdiction of the Command and…
Eni to step up cooperation in renewable energy in Ghana
The Managing Director of Eni Ghana, Giancarlo Ruiu has signed two separate MOUs with the CEO of the Bui Power Authority, Fred Oware, and the CEO of the Volta River Authority, Mr Emmanuel Antwi-Darkwa, on the joint development of…
Ghana Gas local Engineers lauded for successful shutdown
Mr Ernest Kofi Owusu-Bempah, Communication Director of Ghana National Gas Company (Ghana Gas ) has lauded the efforts of the local engineers of the company for a successful shut down of the Atuabo Gas…