Friday, April 24, 2026
The shortage of premix fuel in communities within the South Dayi constituency in the Volta Region, has resulted in untold economic hardship for the people of the area, Rockson-Nelson Dafeamekpor, Member of Parliament for the area, has revealed. According to him, fishermen are unable to go about their daily business...
The Public Interest and Accountability Committee (PIAC) has expressed worry over the whereabouts of petroleum cash given to organisations like the Microfinance and Small Loans Centre (MASLOC), Venture Capital Trust Fund, and Exim Guarantee Fund. In its Composite Report on District Engagements and Project Inspections, covering the period 2011 to...
The Chamber of Petroleum Consumers Ghana (COPEC) are calling for an audit of the Bulk Oil Storage and Transportation (BOST) over claims that the company is reeling under debt and ‘bad management’. “We are by this encouraging authorities whose mandate it is to protect the public purse to strenuously audit...
Despite having numerous legal provisions and industry reports all aimed at deepening transparency in the oil and gas sector, these are yet to lead to any meaningful accountability, lamented the co-chair of GHEITI, Dr. Steve Manteaw. Speaking at a stakeholder forum on Ghana’s Beneficial Ownership Disclosure (BOD) process, organised for...
Minister for Energy, Boakye Agyarko, has indicated that government managed to scale-down the cost for construction of the Ghana National Petroleum Corporation (GNPC) head office from an initial US$76m to US$20m. By negotiating the cost from US$76m to US$20m, government has now been able to make a US$56million saving on...
Mr. Boakye Agyarko, the Minister of Energy, says government has signed an oil exploration contract with the ExxonMobil Company to explore for oil in the Deeperwater Cape Three Points Oilfield because it has the capacity to deliver. He said government’s policy for the upstream oil industry is to undertake aggressive...
 Earmarks US$20m to build a Corporate Head Office -US$10m to build Operational Head Office in Takoradi -NDC MPs raise alarm; caution the decision to borrow to fund those projects   A majority voice vote, on the floor of Parliament, Thursday, was enough to ensure the safe approval of the 2018 program of activities...
As part of its sustainability efforts focused on the environment, Vivo Energy Ghana, the company that markets and distributes Shell branded fuels and lubricants has entered into partnership with Environment 360, a Non-Governmental Organisation to roll-out a comprehensive recycling programme dubbed CyClean targeted at basic schools in the James...
Chairman of Africa Business Media Dr. Yaw Akoto has said that Ghana is likely to attract more interest from international oil companies (IOCs) owing to recent developments in the upstream petroleum sector. “Recently, government signed an exploration contract with the world’s largest oil and gas company, Exxonmobil Corp, to explore...
Local participation in the upstream oil and gas sector will receive a major boost as the regulator, Petroleum Commission, moves to bridge the information gap in the award of procurement contracts through the first ever Local Content Procurement Conference. The aim of the conference is to provide a common platform...