Oil & Gas

All Oil Marketing Companies (OMCs) that purchase petroleum products under the government’s Gold for Oil (G40) Programme will be required to sign an undertaking to guarantee a reduction in their prices at the pumps.

The second consignment of petroleum products that have arrived in the country under the government’s Gold for Oil programme will be sold to Oil Marketing Companies (OMCs) that have not less than 45 outlets across the country.

The Marine Operations Unit of the Ghana Ports and Harbours Authority (GPHA) and the Ghana Navy have embarked on a joint simulation exercise to test their preparedness to respond to an oil spillage on sea.

Tullow Oil plc (Tullow) has announced that Tullow Ghana Limited (TGL) has filed requests for arbitration with the International Chamber of Commerce in London in respect of two disputed tax assessments received from the Ghana Revenue…

The Ghana Tuna Association (GTA) has called on the government to support fishing vessel operations by ensuring that they get fuel at a reduced price compared to what is on the market.

The Institute of Applied Science and Technology, of the College of Basic and Applied Sciences, University of Ghana,  has begun turning plastic wastes into three different kinds of fuel.

Some 11 out of 27 Oil Marketing Companies (OMC) that benefitted from the Gold-for-Oil policy have failed to reduce prices of their commodities, Dr Amin Adam, the Deputy Minister for Energy has said.

The Ghana National Gas Company (GNGC) on Friday signed a Project Implementation Agreement with its joint venture partners to construct a second Gas Processing Plant (GPP Train 2) at an estimated cost of $700 million.

Ghana, earned $731.94 million in petroleum receipts in the first half of 2022, the International Monetary Fund (IMF) has said.

The National Fisheries Association of Ghana (NAFAG) has asked the Fisheries Commission to allow the Oil Marketing Companies to supply premix fuel directly to members.