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Oil & Gas

GNPC will increase participation in petroleum operations – Minister

Dr Joe Oteng, Minister of Energy on Wednesday said government would continue to resource the Ghana National Petroleum Corporation (GPNC) to play a catalyst role to enable it meet Ghana’s financial obligations in an efficient manner. He said it would also maintain and increase the level of participation in petroleum …

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University of Energy to hold first maiden matriculation

All is set for the maiden matriculation and investiture of the newly established University of Energy and Natural Resources (UENR) at its main campus at Fiapre, near Sunyani November this month. A total of 150 pioneer students made up of 24 females and 126 males out of the 308 students, …

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Company commended for training youth in oil and gas

Mr Abuga Pele, Executive Director of Ghana Youth Employment and Entrepreneurial Development Agency (GYEEDA), has commended the Goodwill International Group (GIG) for successfully training the youth in oil and gas. He said “I must commend the authorities of the Goodwill International Group especially its CEO, Mr Philip Akpeena for getting …

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World Bank tells oil producers to cut gas flaring by 30% by 2017

The World Bank-led Global Gas Flaring Reduction (GGFR) partnership on October 24, 2012 issued a statement calling on oil producers, both countries and companies, to reduce flaring of natural gas associated with oil production by 30% by 2017. According to the World Bank, this would reduce flaring from “140 billion …

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Ghana pays GH¢21,000 for rituals at gas plant project site

The Omanhene of Eastern Nzema, Awulae Amihere Kpanyinli III, says the Ghana National Gas Company (GNGC) gave out money to perform rituals at Atuabo in the Ellembelle District to commence the gas infrastructure project. Awulae Kpanyinli told the Ghana News News Agency on Thursday at Atuabo that he directed the …

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Sinopec receives advance payment of $225m for Ghana gas project

Chinese Development Bank (CDB), has made an advance payment of $225 million to Sinopec Petroleum International Corporation, contractors for the gas infrastructure project in the Western Region. Dr George Sipa-Yankey, Chief Executive Officer (CEO) of Ghana National Gas Company (GNGC), who made this known at Atuabo in the Ellembelle District …

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Don’t neglect agric sector, oil resources could finish anytime – Director

Mr Gershon Wodzrah, the Central Regional Director of Food and Agriculture, has stressed the need for government not to neglect agricultural sector because of the oil and gas development. He said oil and gas were not renewal resources and could finish at anytime and suggested that a substantive amount from …

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Gas shortage hits Sunyani

The Sunyani Municipality was on Tuesday hit by shortage of Liquefied Petroleum Gas (LPG) with some taxi cabs that ply the area parked in queues at various LPG filling stations. Workers were seen standing for hours along some principal streets of the municipality waiting for taxis to convey them to …

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