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2012-01-25 - RECENT NEWS

Fuel Prices Likely To Go Up

The current slide in the value of the cedi could cause another increase in fuel prices. Joy business has learnt prices could go up by as much as ten percent to make up for foreign exchange losses. » Read more
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2012-01-25 - General News

NPA: Prices Of LPG, Kerosine, Premix Fuel To Go Up By 40%, 90%, 140% Respectively

The Chief Executive of the National Petroleum Authority, Alex Mould, says the NPA is ready to comply with the court's directive, asking it to remove illegal price margins from the prices of petroleum products.

   
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2012-01-25 - General News

3 Consignments Of Jubilee Crude (950,000 Barrels Each) To Be Exported In March 2012

Chad will export three cargoes of Doba crude in March, unchanged from February, according to a loading program obtained by Bloomberg News.

   
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2012-01-25 - General News

Shell Ghana To Rebrand As VIVO Energy By March

Shell Ghana is hoping to be rebranded as VIVO Energy by end of March this year. The move which is subject to management approval will however affect only its corporate-brand and offices but exclude the service and commercial stations.

   
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2012-01-25 - General News

Restoring Fuel Subsidy Will Not Reduce Fares - GPRTU

The Ghana Private Road Transport Union (GPRTU) says the restoration of fuel subsidies by the government will not necessarily lead to a reduction in lorry fares in the country.

   
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2012-01-25 - General News

50 Postgraduate Scholarships From Tullow Oil Available To Ghanaians For 2012 - Apply Now

Tullow Oil plc (Tullow) has today announced the launch of the Tullow Group Scholarship Scheme (TGSS) in partnership with the British Council. The scheme, which forms a key part of Tullow's overall approach to education and capacity building, will support postgraduate degree, technical training and vocational studies.

   
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2012-01-25 - General News

Government Tasks GNPC To Investigate Shortfalls In Jubilee Oil Production

Government has tasked the Ghana National Petroleum Corporation, GNPC to investigate circumstances leading to expected shortfalls in oil production in the Jubilee field.

   
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2012-01-24 - General News

Foreign Oil Companies Offer Oil For Royalties

Foreign oil companies operating in Ghana's oil industry have decided to use a portion of their oil as royalties to the state, the Ghana Revenue Authority has said.

   
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2012-01-18 - General News

NPA Asked To Develop Price Mark For Crude

The Centre for Policy Analysis (CEPA) has advised the National Petroleum Authority (NPA) to institute "a reference price mark for crude oil" in the country to serve as a bench mark for future fuel price adjustments.

   
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2012-01-18 - General News

Nigerian Vessel Pays Fine To Ghana Government For Dumping Toxic Waste

A Nigerian vessel, Spirit River, that dumped toxic waste at an engineered landfill site at Sofokrom in the Sekondi-Takoradi Metropolis last year, has paid a penalty of $220,000 to the Ghana government.

   
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2012-01-18 - General News

UK Oil Consultant To Interact With Top Ghanaian Managers

The UK Trade and Investment will be hosting a showcase on Aberdeen's experience in the oil and gas sector at the British High Commission in Accra, Ghana. Aberdeen has grown from a fishing port in the 1960's to a global centre of excellence in the oil and gas industry. In many ways, it can be used as the growth model for Ghana's oil city, Sekondi-Takoradi.

   
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2012-01-16 - General News

Publish Receipts Of Oil Revenue

Participants in the 63rd Annual New Year School and Conference (ANYSC) have called for transparency in the oil and gas sector by the publication of receipts and records of revenues, as well as a tracking system for the use of these revenues.

   
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2012-01-16 - General News

Further Increases In Global Crude Oil Prices Will Not Affect Prices Locally - Govt Assures

The Government has assured the public that it has put in place a mechanism to ensure that further increases on the world prices of crude oil will not affect fuel prices locally.

   
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2012-01-16 - General News

Nigerians Reject 30% Reduction In Fuel Prices

Nigerians have rejected the 30 per cent reduction in fuel prices announced by President Goodluck Jonathan on Monday.

 

   
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2012-01-12 - General News

Mills: Fuel Price Increment Was A Painful Decision

President John Evans Atta Mills has pleaded with Ghanaians to bear with his administration following hikes in fuel prices recently.

   
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