Oil & Gas

Unemployment among the youth of Tema Newtown is soaring due to the unavailability of premix fuel for the past six months, fishers at the Tema Canoe Beach have revealed.

The West African Gas Pipeline Company Limited (WAPCo)  has resumed gas transportation to its customers in Tema after it safely and successfully completed the valve replacement works at its Takoradi Regulating and Metering (R&M) Station.…

A major threat to the successful implementation of the “Gold 4 Oil” initiative is the activities of smugglers, the Precious Minerals Marketing Company (PMMC) has said.

The Ghana Revenue Authority (GRA) has recovered GH¢30 million out of GH¢69 million taxes owed the state by 17 Oil Marketing Companies (OMCs).

The first consignment of petroleum products delivered under the government’s Gold for Oil Policy can serve consumers between 10 to 15 days, the Bulk Oil Storage and Transportation Company (BOST) has said. 

The National Petroleum Authority (NPA) has revoked the licenses of 30 Oil Marketing Companies (OMCs) for non-compliance with the rules and regulations of the Authority on the acquisition and maintenance of the licenses.

Oil Marketing Companies (OMCs) in the country owe the government more than GH¢400 million, Dr Mustapha Abdul-Hamid, the Chief Executive Officer of the National Petroleum Authority (NPA), has stated.

For the first time in 12 months, petrol is likely to sell at a single digit rate at the local pumps in the first week of January 2023, some market analysts have projected.

Dr Dominic Kwesi Eduah, the Executive Director of the Ghana National Petroleum Corporation (GNPC) Foundation, says the Education and Training Unit has offered scholarships to 5,550 brilliant but needy students to pursue undergraduate,…

Vice President Mahamudu Bawumia Thursday said the government has completed discussions to operationalise the barter of gold for oil products next month (January 2023).