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Oil & Gas
Internal auditors lament difficulty in auditing oil revenue for District Assemblies
Auditing expended oil revenue at the district Assemblies is a challenge, some Internal Auditors of the Ghana Audit Service (GAS) have disclosed.
PIAC raises concerns over non-involvement of local governance structures in project executions
The Public Interest and Accountability Committee (PIAC) has raised concerns over the lack of involvement of the local governance structures in the awarding and execution of projects funded with petroleum revenue.
Ghana crude oil production declined for fourth consecutive year in 2023 – PIAC
The Public Interest and Accountability Committee (PIAC) has disclosed that Ghana’s crude oil production declined for the fourth consecutive year in 2023.
Akufo-Addo cuts sod for first phase of petroleum hub project in Jomoro
President Nana Addo Dankwa Akufo-Addo has cut the sod for work to commence on the first phase of the Petroleum Hub project at Nawule, in the Jomoro Municipality of the Western Region.
Fishermen at Keta lament insufficient premix fuel after closed season
Some fisher-folks along the coastal belt of the Keta Municipality have complained about insufficient premix fuel for fishing after the closed fishing season.
Ghana Gas to shutdown processing plant for maintenance works
The Ghana National Gas Company Limited (Ghana Gas) has announced plans to shut down its Gas Processing Plant (GPP) and offshore Gas Export Facilities for maintenance works.
NPA engaging government to remove taxes, levies on liquefied petroleum gas
Dr Joseph Wilson, Director, Research, Monitoring and Evaluation at National Petroleum Authority (NPA) says the Authority is engaging government to remove some of the taxes and levies on the Liquefied Petroleum Gas (LPA) to make it more…
Sentuo Group says it’s investing $980m into its Tema refinery
The Sentuo Group says it is investing $980 million in a two million metric ton per annum capacity oil refinery in Tema, with plans for a second phase to increase the capacity by an additional three million metric tons per annum.
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.