Tag: Petroleum

Government interference remains one of the biggest challenges that may stand to impede the Ghana National Petroleum Corporation’s (GNPC) progress when it finally assumes its role as a full operator ...

Ghana’s overdependence on imports of petroleum products is expected to decline to the barest minimum, as the country’s vision of setting up a petroleum hub with US$60 billion in the ...

Proceeds accrued from the Energy Sector Levies Act (ESLA), a levy imposed by the government for the purpose of resolving energy sector debts and supporting energy sector projects totaled GHS1.15 ...

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. ...

The passage of Nigeria’s proposed Petroleum Industry Bill (PIB) is likely to have positive long-term effects on its public finance and oil and gas production, Fitch Ratings, an international credit ...

The Producer Price Inflation which measures the ex-factory prices of goods and services was 10.1 per cent on a year-on-year basis in June 2021. This represents a 1.7 percentage point ...

After a decade of being operational, the Ghana Petroleum Revenue Management Act (PRMA) remains fraught with a host of weaknesses that undermine the proper implementation and management of petroleum revenues, ...

Mark Agyemang, Technical manager at Public Interest and Accountability Committee (PIAC), has disclosed that the petroleum revenue management act is undergoing a review. According to him, despite being reviewed in ...

A Senior Lecturer at the University of Ghana and the Director of Ali-Nakyea and Associates, Dr. Abdallah Ali-Nakyea has advised the government to revise its laws on stability clauses in ...

Dr. Steve Manteaw, Chairman of Civil Society Platforms for Oil and Gas has called for local capacity building to take place in the petroleum industry in the country. Speaking during ...