NPA approves 2-month removal of Price Stabilisation, Recovery levy to reduce fuel prices

The National Petroleum Authority (NPA), has approved the removal of the Price Stabilisation and Recovery Levies (PRSL) on petrol, diesel, and LPG for two months.This was announced in a press…

Increase petrol import from Ghana – NPA boss appeals to sole Burkinabe importer

In a bid to improve petroleum products trade between Ghana and Burkina Faso, the National Petroleum Authority (NPA) is reviewing the export andtransit arrangements with Societe Nationale Burkinabe d’Hydrocarbures (SONABHY).SONABHY…

Tullow Oil PLC starts multi-well drilling in Ghana

Tullow Oil plc (Tullow) has announced it will start a multi-year, multi-well drilling campaign offshore in Ghana with the commencement of drilling of the first well at the Jubilee Field.As…

Government ready to support E-Mobility to reduce climate change, CO2 emissions

Government through the Environment, Science, Technology, and Innovation (MESTI) Ministry, has assured stakeholders involved in the “Mobility Sustainably thought through the life cycle” (MoNaL) project of support and policies to…

$ 350m paid into Petroleum Holding Fund -PIAC

A total petroleum receipt of $350 million has been paid into the country’s Petroleum Holding Fund (PHF) for the first half of 2021 compared with US$322.5 million for the same…

Check Fuel Price Hikes – COPEC

THE CHAMBER of Petroleum Consumers (COPEC) has appealed to Government to review the price build-up of petroleum products so as to ease the impact of the constant hikes on Ghanaians.It…

Here’s how much worth of crude oil Ghana produced in first half of 2021

• Ghana has recorded 27 million worth of crude oil in the first half of 2021• This is according to PIAC's 2021 semi-annual report• The was achieved from three of…

Tullow focused on responsible oil, gas development

The Chief Executive Officer (CEO) of Tullow Oil Plc, Mr Rahul Dhir, has stated that the company is focused on building a better future through responsible oil and gas development.This…

Finance Ministry fails to honour $50m debt owed GNPC since 2014

The Ghana National Petroleum Corporation (GNPC) has still not received payment for the $50 million loan advanced to the Ministry of Finance (MoF) in 2014 for the construction of the…

Energy Ministry to suspend fuel levies

The Minister of Energy, Dr Matthew Opoku Prempeh, has said the ministry is working with the Ministry of Finance to suspend some levies that contribute to fuel prices in order…
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