Global oil super major, Exxon Mobil is expected to officially sign an exploration agreement with government this week to allow it undertake petroleum activities at the Deepwater Cape Three Points (DWCTP) Block off the western coast of the country.
Although, the entry of Exxon Mobil into the country has been...
The National Petroleum Authority (NPA) is set to introduce some taxes and other charges on Marine Gas Oil (GMO) operations in the country, Hassan Tampuli - CEO of the NPA, has disclosed.
The move, he noted, is aimed at curbing some illegalities the Authority has observed in the petroleum downstream...
Chief Executive Officer of the National Petroleum Authority (NPA) Hassan Tampuli has reiterated the Authority’s commitment to clamp down on LPG refill stations which fail to adhere to safety standards as it intensifies its monitoring and inspection exercise.
This, Mr. Tampuli noted, is to prevent accidents at the stations and...
Norwegian major Statoil is the latest addition to a Joint Industry Project (JIP) for subsea boosting pumps.
Ask an equipment manufacturer for cheap, light, and strong, and most will tell you it can’t be done. Fuglesangs Subsea, project manager for the JIP, will tell you otherwise.
“We think we’ve cracked the...
Investment policy guidelines missing
Investment Advisory Committee absent
BoG tightlipped over ‘ poor’ investment returns
In deciding which models to adopt in managing its petroleum industry, Ghana hurried to Norway, a country hailed across the globe for its efficient management of the sector, for tutorials.
But at a time when...
Government has said it will soon launch a Public Register of Petroleum Agreements, Permits and Authorisations, in accordance with the provisions of the Petroleum Exploration and Production Law.
According to the Deputy Minister of Energy in charge of Petroleum, Dr. Mohammed Amin Adam, the move is to outline Government’s commitment...
Seven years after oil production commenced, and several years after civil society sounded the alarm, the Ghana Standards Authority (GSA) has said it intends to implement the parallel metering system that is supposed to help monitor oil production volumes and safeguard revenues due the state.
In the past, government officials...
The National Petroleum Authority (NPA) has assured that there will be no increment in fuel prices at the pumps this festive season.
A statement signed by the NPA’s corporate Division and copied to the B&FT said: “This is as a result of a marginal drop of fuel prices on the...
The Chamber of Bulk Oil Distributors (CBOD) is calling for calm in the ongoing disagreement between the LPG Marketers Association and the National Petroleum Authority over the proposed cylinder recirculation program.
The LPG Marketing Companies Association of Ghana has accused government of a grand scheme to wipe them out of...
Natural gas transporter West African Gas Pipeline Company (WAPCo) has doubled its capacity from an initial 70mmscf per day to 140mmscf per day.
According to management, the infrastructural expansion works - which cost some US$3.5million - will enable the company to transport higher volumes of natural gas to VRA, aside...