Tag: Petroleum Revenue Management Act

The addition of more than US$200 million in Corporate Income Tax (CIT) and accrued interest to Ghana’s Petroleum Fund has been described as a significant boost to the country’s oil ...

Dr. Manteaw Calls for Minerals Revenue Management Framework to Strengthen Sector Gains

Constitution Review Committee (CRC) has proposed a landmark shift in Ghana's extractive fiscal regime by recommending that a mandatory 3% of gross revenue from natural resource extraction be allocated directly ...

PIAC Warns Ghana’s “Big Push” Infrastructure Drive Draining Funds from Oil Sector Agencies

Ghana’s Petroleum Wealth Funds Hit $1.42 Billion Amid Mixed Performance in First Half of 2025

Public Interest Accountability Committee (PIAC), in marking a decade in operations has underscored that infractions or mismanagement of petroleum revenues remain the biggest challenge faced in the last ten years. ...

Ghana is set to produce a total of 57.3 million barrels of oil from the three producing fields in 2021. This translates into a daily average of 156,986 barrels of ...