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Oil & Gas
Capitalise on AfCFTA opportunities to strengthen industry – Bawumia
Dr Mahamudu Bawumia, the Vice President, has urged players in the petroleum industry to take advantage of opportunities presented by the African Continental Free Trade Area (AfCFTA) to strengthen the sector and promote sustainable…
What Eni and Vitol say about decision in international arbitration with Ghana
The long running legal dispute that Eni Ghana Exploration and Production and Vitol Upstream Ghana had initiated against the Ghana government was decided early this week, and everyone is telling their angle of the story.
Jomoro Development Agenda lauds government’s $12b Petroleum Hub agreement
The Jomoro Development Agenda has welcomed the government's $12-billion agreement to roll-out the Petroleum Hub Development Project in the Jomoro Municipality.
Ghana generates $9.85b petroleum revenue from 2011 to 2023
In 2007, Ghana announced it had found oil in commercial quantity. In 2010, the country started oil production, and started generating revenue from petroleum in the year 2011.
GOIL maintains dividend despite profit decline
GOIL PLC, one of the largest indigenous Oil Marketing Companies (OMC) in Ghana has decided to maintain a dividend payment of GH¢0.056 per share to its shareholders for the year 2023.
Africa Energy Bank to be ready by 2024 third quarter – APPO Secretary General
Preparations towards the take-off of the Africa Energy Bank (AEB), a joint project being promoted by the Africa Petroleum Producers Organization (APPO) and the Afreximbank, has reached an advanced stage.
Institute of Applied Science and Technology to commercialise fuel made from plastics
The Institute of Applied Science and Technology (IAST) of the University of Ghana (UG), is seeking partnership to scale up the production of high-value fuels made from plastic waste.
President orders review of SML, GRA contract
President Nana Addo Dankwa Akufo-Addo has called for a review of the contract for downstream petroleum audit services, particularly the fee structure, regarding the transactions between the Ghana Revenue Authority (GRA) and Strategic…
Cylinder Recirculation Model will make LPG accessible – NPA Boss
Dr Mustapha Abdul-Hamid, the Chief Executive Officer of the National Petroleum Authority (NPA), has said the implementation of the Cylinder Recirculation Model (CRM) policy will improve safety in the distribution of LPG and bring it closer…
IES proposes three-prong approach for stable, affordable fuel prices
The Institute for Energy Security (IES) has proposed a three-prong approach to ensure stable and affordable petroleum prices in Ghana.