Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
Browsing Category
Oil & Gas
BOST to export petroleum products – MD
The Bulk Oil Storage and Transportation (BOST) Company Limited is to export petroleum products to neighbouring countries of Burkina Faso, Niger and Mali.
The Managing Director (MD) of the Company, Mr Kingsley Kwame Awuah, who disclosed…
Premix Fuel subsidy will continue despite deregulation – Mahama
President John Dramani Mahama has said despite the deregulation of petroleum products across the country, Government would continue to subsidize premix fuel for fishermen.
Government had stopped subsidizing petroleum products through the…
Close down Saltpond Oil Field – PIAC
The Public Interest and Accountability Committee (PIAC) has reiterated that the continuous operation of the Saltpond Oil Field against the backdrop of dwindling production is not economically viable and therefore Government should consider…
GNPC urges West African countries to focus on economic diversification
The Ghana National Petroleum Corporation (GNPC) has urged West African countries to focus on economic diversification, which will ensure real growth in other non-oil sectors.
Mr Alexander Kofi-Mensah Mould, acting Chief Executive,…
Ghana’s domestic gas critical to economic growth – Kosmos
Mr Philip Liverpool, Commercial Director for Kosmos Energy, has noted the need for the sustenance of the country’s domestic gas production through existing discoveries, new exploration and reliable imports.
He said it is paramount to…
Ghana produces more than 124 million barrels of oil since 2010
Ghana began commercial oil production in December 2010, after oil was found in commercial quantity in 2007.
As at 2014 the country has produced more then 124 million barrels of oil.
The Public Interest and Accountability Committee…
Petroleum revenues for 2014 not utilized effectively – PIAC
Ghana’s petroleum revenues for 2014 were not maximized and utilized effectively, according to a report by the Public Interest and Accountability Committee (PIAC) .
According to the committee, which is mandated by law to oversee…
Farmers decry scanty compensations for oil and gas projects
Farmers in the six coastal districts in the Western Region whose farms were seized for oil and gas projects have complained about inadequate compensation package received from oil and gas companies operating in the catchment area.
They…
Downturn in offshore drilling industry to continue – Moody’s
Moody’s Investors Service says the downturn in the offshore contract drilling industry is expected to continue, and would weaken the credit quality of offshore drillers through 2017, due to low oil prices and a persistent oversupply of…
Concentrate petroleum revenue on few key sectors of the economy – IMANI
The Think Tank IMANI Centre for Policy and Education has suggested that the budgetary allocations from petroleum revenues should be concentrated within only a few priority socioeconomic areas to maximize impact.
The Think Tank believes…