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Browsing Category
Oil & Gas
Finance Ministry claims it doesn’t owe GNPC $50m
The Public Interest and Accountability Committee (PIAC) says the Ministry of Finance claimed it was no longer indebted to the Ghana National Petroleum Corporation (GNPC) as it had agreed to write off a $50 million advance owed the…
TOR workers union to engage management on way forward
The General Transport Petroleum Chemical Workers Union (GTPCWU), the mother union of Tema Oil Refinery (TOR) employees, are meeting with management today, Thursday, April 27, to discuss the refinery's activities.
Ghana crude oil production declines for third consecutive year
Crude oil production in Ghana has been on the decline at an average of 10 per cent per annum for three consecutive years, the Public Interest and Accountability Committee (PIAC) has observed.
Ghana needs $4.8b to import petroleum products as TOR workers to go on strike
Every year Ghana on average, needs $4.8 billion to import petroleum products.
NPA to regulate bitumen supply chain to ensure quality and efficiency
The National Petroleum Authority (NPA) is developing a framework to regulate the importation, storage, processing and marketing of bitumen in the country.
Saudi Arabia’s Aramco expands presence in China by acquiring 10% stake in Rongsheng
Saudi Arabia’s state-owned energy company, Aramco is expanding its presence in China.
Tema Oil Refinery needs joint ventures investment – Dr. Kpodar
The government must enter a joint venture with reputable international oil companies to help revamp the Tema Oil Refinery (TOR) to sustain the viability of the only state refinery in Ghana.
Efficient running of BOST, other SOEs vital for national development – Bawumia
Vice President Mahamudu Bawumia has challenged State Owned Enterprises (SOEs) to aggressively review their mandates to contribute their quota towards national development programmes.
Mustapha Abdul-Hamid outlines Ghana’s downstream regulatory measures implemented for stability
Dr Mustapha Abdul-Hamid, Chief Executive of the National Petroleum Authority (NPA) has highlighted regulatory measures it implemented to ensure stability across Ghana’s downstream sector, following the global oil and gas market volatility…
COPEC predicts fuel price drop, LPG price rise
Fuel prices are set to drop by an average four per cent per litre from Wednesday, March 1, 2023, the Chamber of Petroleum Consumers (COPEC) has projected.