Tag: PIAC

Ghana’s upstream petroleum industry is facing mounting pressure as crude oil production continues its prolonged decline, raising fresh concerns over the country’s fiscal resilience, energy security and long-term ability to ...

Ghana’s energy transition strategy must be designed around the country’s own development priorities rather than imported wholesale from global climate policies, the Public Interest and Accountability Committee (PIAC) has cautioned, ...

After years of declining crude oil production that weighed on petroleum revenues and raised concerns about the future of Ghana’s offshore oil sector, the Jubilee Field is showing renewed signs ...

Years after the Public Interest and Accountability Committee (PIAC) began issuing recommendations on how Ghana should better manage petroleum revenues, the country’s independent oil revenue watchdog says too many of ...

Dr. Steve Manteaw Urges Government to Pass Minerals Revenue Management Framework

PIAC elects Richard Ellimah as new chair to lead oversight on petroleum revenue

PIAC Inducts Five New Members

PIAC urges government to boost investment in petroleum exploration and production to unlock Ghana’s $16bn share of West Africa’s $80bn oil market by 2033, as forecast by Deloitte.

The discussions focused on GNPC’s adherence to governance principles, its sustainability plans beyond 2026, and the ongoing management of Ghana’s petroleum resources

Ghana’s crude oil production has been on a continuous downward trajectory, with the latest figures from the Public Interest and Accountability Committee (PIAC) revealing a significant decline in 2023. According ...