The Petroleum Commission has given the International Oil and Gas Companies (IOCs) and other service companies, till April 1, to submit every oil contract to the Commission for proper review before they are sealed.
Mr Egbert Faibille Jnr, Acting Chief Executive Officer of the Petroleum Commission (PC), said all IOCs...
Mr. Ernest Owusu-Bempah, Communications Director of Ghana National Gas Company (Ghana Gas) has stated that government, is determined to establish a fertilizer factory at Jomoro District in the Western Region using Isopentane.
“Isopentane is a by-product which has immense importance from the gas plant; the fertilizer factory, is in line...
A policy analyst with the Integrated Social Development Centre (ISODEC), Dr. Steve Manteaw, has been elected to chair the Public Interest and Accountability Committee (PIAC) whilst Dr. Thomas Kojo Stephens, of the Ghana Bar Association (GBA), was elected Vice Chair.
PIAC, established in 2011, under the Petroleum Revenue Management Act...
Ghana’s Parliament has amended the Special Petroleum Tax (SPT) by passing the Special Petroleum Tax Amendment Bill to reduce the tax from 15 percent to 13 percent.
The passage of the amendment now plugs in the SPT levy as a static from the initial arrangement which saw the tax also...
Deputy Minister of Energy, responsible for Petroleum, Dr. Mohammed Amin Adam, has disclosed that government has decided to pursue an Aggressive Exploration Campaign in a bid to safeguard reserves and sustain production in the upstream oil and gas sector.
Speaking to journalists at the launch of the Petroleum Register, he...
A constitutional and petroleum law expert, Prof. Raymond Atuguba, has questioned the constitutionality of the Petroleum Exploration and Production Act, 2016 (Act 919) which gave rise to the multi-billion-dollar contract recently signed between government and Exxonmobil.
According to Prof. Atuguba, the 1992 constitution vests the management of the petroleum resources...
Charles Darku has appointed Kweku Awotwi as the new Managing Director.
Mr Awotwi is an experienced international business executive with over twenty-five years’ experience working in the energy sector, electricity, oil and gas, as well as the mining and extractive industries, in both the public and private sectors in Africa...
When people who want power blame those wielding it over a world commodity price that they hold no control over, then it defeats common sense. Sometimes, politics make us blame people for society's financial ills even when the reality is so glaring.
Both the government in power and the minority...
The Ghana Oil Company Limited (GOIL), Petroleum Commission of Ghana and Ghana Ports and Harbour Authority (GPHA) Takoradi have expressed confidence in curbing the menace of illegal bunkering that has damaged the country’s oil and gas.
After an inspection by a delegation from the Petroleum Commission at the US$15m Marine...
The National Petroleum Authority (NPA), has expressed displeasure at some groups’ decision to demonstrate against recent increases in prices of petroleum products at the pump by some oil marketing companies.
Following reports of the Chamber of Petroleum Consumers (COPEC) and Industrial and Commercial Workers Union (ICU)’s intended demonstration this week,...