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Oil & Gas
Education is best legacy of oil companies – GNPC
Investing in education is the best legacy that oil and gas companies operating in the Ghana will leave behind, Dr Kofi Koduah Sarpong, Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), has said.
He said the GNPC…
Citizens must ensure governments use long term development plan – PIAC
The Public and Accountability Committee (PIAC) says it is up to citizens of Ghana to ensure that current and successive governments use Ghana’s long term development plan as the basis for setting priorities for investment of Petroleum…
Petroleum and Gas Industry must provide capital for investment in job-creating sectors –…
Dr Owusu Afriyie Akoto, Minister of Food and Agriculture, says the petroleum and gas Industry is not conducive for the creation of jobs and must focus more on generating money to be invested in other job-creating sectors such as…
Tullow Oil makes $270m in insurance compensation for damage caused FPSO turret bearing
Tullow oil Ghana Limited has received $220 million from insurers as compensation for the damaged turret bearing that hangs on the Floating Production Storage Offloading Vessel (FPSO).
This is part of a sum of $270 million that the Lead…
ITLOS to deliver judgment in Ghana-Cote d’Ivoire oil boundary dispute next month
There is uncertainty in Ghana and Ivory Coast as the International Tribunal on the Law of the Sea (ITLOS) prepares to deliver its judgment in the disputed oil rich oceanic boundary case between the two countries.
The ITLOS decision is…
Petroleum Commission Board inaugurated
Mr Boakye Kyeremanteng Agyarko, the Minister of Energy, has called on the Petroleum Commission to facilitate the development of upstream petroleum regulations in its bid to ensure compliance of national laws and agreements…
Ghana secures gas supply agreement from Equatorial Guinea
Ghana has signed a Heads of State Agreement with Equatorial Guinea for the supply of 150 million to 200 million standard cubic feet of Liquefied Natural Gas (LNG) per day.
The agreement was secured during President Nana Addo Dankwa…
Tullow Oil assures local businesses of some upturn in trade
Mr. Charles Darku, the Managing Director of Tullow Ghana limited says local businesses would once more see some revival soon.
According to him, despite the numerous business hiccups with regards to oil production, price drops has had…
Energy Minister expresses concern over GNPC guarantees
Mr Boakye Kyeremateng Agyarko, Minister of Energy has expressed concern over certain practices in the past where GNPC was used as the cash-cow to support other government entities.
According to him it was not a healthy practice…
Oil money will be used to fund free SHS – President
President Nana Addo Dankwa Akufo-Addo has stated that the proceeds from the Ghana’s oil would be channeled into the funding of the Free Senior High School (SHS) Programme when it takes off next academic year.
He stated that so long…