Tag: Petroleum

PIAC Calls for Long-Term Framework to Ensure Efficient Use of Petroleum Revenue in Ghana

PIAC urges Parliament to adopt a long-term development framework for petroleum revenue…

5 Min Read

Major Policy Shift as Gov’t Directs Reversal of Afina & Sankofa Unitization Order Issued By Former Administration

The government has withdrawn the controversial unitization directive compelling Eni Ghana and…

3 Min Read

CSOs Caution of Imminent Collapse of Ghana’s Downstream Petroleum Sector, Call for Urgent Reforms

Civil Society Organisations (CSOs) in Ghana’s energy sector have cautioned government over…

4 Min Read

OSP Investigates Former NPA CEO, Others, Over Alleged Embezzlement of GH¢1.3 Billion

The OSP is investigating former NPA CEO Mustapha Abdul-Hamid and others over…

2 Min Read

Tema Oil Refinery Faces Crisis as Equity Declines by 135% to GH¢5.7 Bn

Tema Oil Refinery’s equity deficit reaches GH¢5.7 billion, prompting urgent calls for…

2 Min Read

Petroleum Product Consumption Up 6% in Ghana

Ghana's petroleum consumption rose 6% in 2023 due to stable prices; regional…

1 Min Read

Tullow Seeks US$40M from Ghana for Gas Supply

Tullow Oil reports $40M debt from Ghana, production challenges, and plans for…

2 Min Read

Springfield’s Afina Discovery To Boost Ghana’s Oil Sector

Springfield discovers commercial oil in Afina well, boosting Ghana's energy sector amidst…

4 Min Read

IES Discounts Effects Of Gold-For-Oil On Recent Fuel Price Reduction

The Institute for Energy Security (IES) has expressed skepticism about the impact…

4 Min Read

Ghana Gas Saves US$250M By Using Local Expertise

-Boosts Jobs and Industrial Growth The Ghana National Gas Company Limited (GNGCL)…

2 Min Read

Expert Calls for Enhanced Incentives to Attract Oil Investors

Mark Agyemang, Technical Manager of PIAC suggests that Ghana must adjust its…

3 Min Read

Global Oil Prices Plunge on China Demand Drop

Global oil prices hit their lowest since 2021 due to a 7%…

3 Min Read