Oil & Gas

From 2003-2016, Ghana had increased the deployment of indigenous professionals in the petroleum industry, under the Local Content and Local Participation Policy. Out of the 675 registered companies; 440 are Ghanaian companies registered…

A clause in the Petroleum Exploration Bill, 2016, that is undergoing a second reading in Parliament has spawned differences among legislators on the boundless authority granted a Petroleum Minister. Clause 10, subsection (4) states that…

The government has been asked to ensure that there is transparency and accountability in the management of the energy levy. The Public Utilities Workers’ Union (PUWU) suggested the opening of a special account into which proceeds from…

Growing women’s underrepresentation in governing boards of Ghana’s oil and gas institutions has triggered concern over the deteriorating gender inequality in the sector. Government has signed many conventions including the elimination of…

The National Petroleum Authority (NPA), has embarked on a campaign to educate the public on the need to handle petroleum products with care in order to avoid accidents. Mr Yaro Kasambata, the Public Relations Manager (PRM) of the NPA…

On December 15, 2010, Ghana joined the world’s oil producing countries with hope, expectation and a sense of accomplishment, when the first oil from the Jubilee field was drilled. Since the first oil production, more than 161 million…

Dr George Ajah-Sipa Yankey, the Chief Executive Officer (CEO) of the Ghana National Gas Company (GNGC), says the Volta River Authority is indebted to the Gas Company to the tune of over $350 million for the supply of lean gas for power…

Kosmos Energy, one of the oil production companies working on Ghana’s oil fields says following damage to the turret bearing of the FPSO Kwame Nkrumah, identified in February 2016, the vessel is likely to be converted to a permanently…

Ghana produced more oil in 2015 from the Jubilee oil fields than the country did in 2014. Figures published by the Public Interest and Accountability Committee in its 2015 annual report indicates that 37,167,225 barrels of oil was…

Deregulation has bolstered operations of the Oil Marketing Companies (OMCs) but government needs to roll-out phase two of the process to allow OMCs fix prices based on geographical location, Mr Henry Akwaboah, an industrial expert, has…