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Oil & Gas
Petroleum Minister says damage to FPSO turret serious
The Minister of Petroleum, Mr. Emmanuel Armah-Kofi Buah says the damage to the turret on the Floating Production Storage Offloading (FPSO) Kwame Nkrumah vessel is very serious.
He has, therefore, urged those working for its restoration…
NADMO prepares for chemical spillage in Western Region
The Western Regional Office of the National Disaster Management Committee is to organise a simulation exercise along communities where industrial chemicals from the Takoradi port are transported to their destination.
These chemicals,…
Minister courts investors to downstream petroleum sector
Mr Emmanuel Armah-Kofi Buah, Minister of Petroleum, has persuaded investors to direct their capital to the country’s downstream oil side, as it beams with huge opportunities after government price liberalisation policy spurred…
Oil and gas must give Ghana more than revenue – Yao Graham
The Coordinator of Third World Network-Africa Dr Yao Graham warns that Ghana will not reap the full benefits of its young oil and gas industry if there is no plan beyond the revenue it generates, to make the industry a part of Ghana’s…
Ghana government committed to petroleum sector deregulation – Buah
Mr Armah-Kofi Buah, Minister of Petroleum says government is committed to the path of price deregulation in the petroleum downstream sector, so that the market could determine the prices of products.
Speaking at a cocktail to…
Accra to host 7th oil, gas and power summit
Accra will from April 20 to 21, host the 7th “Ghana Summit – Oil, Gas and Power” – an annual event committed to driving Ghana’s oil, gas and power sectors forward.
The summit is continually endorsed and attended by the Ministry of…
Ghana issues first onshore oil exploration license
The Swiss African Oil Company, a subsidiary of Swiss African Petroleum AG, and PET Volta Investments, have been awarded a new exploration and production license at the Keta Delta block, in the Volta Region.
“The acquisition makes Swiss…
Ghana launches open data dashboard for extractive industries
The Ghana Extractive Industry Transparency Initiative (GHEITI), in partnership with the Natural Resources Governance Institute (NRGI), has launched an open data dashboard to make data on the extractive industry easily accessible and usable.…
Ghana earns GH¢1.1b from mining in 2014 – Quartey
Mrs Mona Quartey, Deputy Minister of Finance and Economic Planning, has said the mining and oil and gas sectors have made significant contributions to the economy of Ghana.
She said: “total revenues that accrued to government from…
Ghana government violating Petroleum Revenue Management law
The Government of Ghana appears to be violating Ghana’s Petroleum Revenue Management Act (PRMA), passed by Parliament to guide the utilization of revenues from Ghana’s modest petroleum resources.
According to the report on petroleum…