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PIAC urges GNPC to decommission Saltpond oil field

必威体育app官网The Public Interest and Accountability Committee (PIAC) has called on the Ghana National Petroleum Commission (GNPC) to make determinations to decommission the Saltpond Oil Field (SOF) in the Mfantseman Municipality of the Central Region. The Committee believes the move will reduce huge cost of skeletal staff maintaining the rig that …

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GNPC discusses COVID-19 impact on operations

The Ghana National Petroleum Corporation (GNPC) on Monday said the COVID-19 pandemic had impacted negatively on the oil and gas industry in Ghana and called for support in its operations. Mr James D. Yamoah, Acting Chief Operating Officer, GNPC, said because of the pandemic, international oil companies (IOCs) took business …

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BOST shuts head office over COVID-19

The Bulk Oil Storage and Transportation Company Limited, (BOST) has shut its head office at Dzorwulu in the Ayawaso West Municipality effective Monday, July 6 to Monday, July 13. This was after some staff of the Company were said to have tested positive for COVID-19. A statement issued by the …

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Ward-off unauthorised invasion of filling stations – AOMC

必威体育app官网The Association of Oil Marketing Companies (AOMC) on Sunday called on the security agencies to ward-off unauthorized intruders of the Oil Marketing Companies (OMC) operational landscape ‘filling stations.’ “OMCs have noted with concern the breach of the functions of National Petroleum Authority (NPA) and the Ghana Standards Authority (GSA) the …

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Oil production in Ghana increases by 15% in 2019 – PIAC

A total of 71.4 million (71,439,585) barrels of oil were obtained from the three producing fields – Jubilee, Sankofa  Gye Nyame (SGN) and Tweneboa  Enyera Ntomme (TEN) in 2019. The total oil production in 2019 exceeded that of 2018 by 15 percent. A statement issued in Accra by the Public …

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PIAC asks Parliament to ensure Finance Ministry accounts for $1.5b petroleum fund

The Public Interest and Accountability Committee (PIAC), an independent statutory body, has urged Parliament to ensure that the Ministry of Finance accounts for the $1.5 billion unutilized Annual Budget Funding Amount (ABFA). In its key findings presented at the launch of the 2019 Report, Mr Noble Wadza, Chairman of the …

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LPG from Atuabo not contaminated – Ghana Gas Company

The Ghana National Gas Company Limited has refuted claims that the Liquified Petroleum Gas (LPG) being produced from its Atuabo Gas Plant is too high in propane, contaminated, and of low quality. This follows a statement made by Mr Duncan Amoah, Executive Secretary of the Chamber of Petroleum Consumers (COPEC), …

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Tullow Ghana announces leadership changes as Awotwi retires June end

Mr Kweku Awotwi, the Managing Director of Tullow Ghana, and Executive Vice President of Tullow Oil plc, will retire from the company on 30th June. In a statement Tullow Ghana said Mr Awotwi will hand over his responsibilities to Wissam Al Monthiry who becomes Managing Director, Tullow Ghana, and Cynthia …

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Help TOR acquire crude stock, TDCL appeals to President

The Tema District Council of Labour (TDCL) has appealed to the President to urgently help the Tema Oil Refinery (TOR) to acquire enough crude stock to operate with. The TDCL said government must urgently help the only refinery in the country to take advantage of the drastic drop in crude …

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