Oil and Gas
Sixteen upstream oil companies owe US$1.57m surface rental fees
Sixteen oil companies in the upstream sector have failsed to pay their surface rental fees, according to an audit report...
PIAC’s assessment of how Ghana’s petroleum revenues are being managed
This Report is the ninth in the series of annual reports by PIAC. The Report is based on the collection,...
US$310m remains outstanding to Petroleum Holding Fund
An audit assessment undertaken by PricewaterhouseCoopers on behalf of the Auditor General has revealed that a total outstanding debt of...
OPEC+ meeting ends without recommendation for further cuts
The OPEC+ technical committee that met today did not make any additional recommendations for further production cuts, focusing instead on...
The Energy Sector Will Never Be The Same Again, IEA says
In its annual report World Energy Investment 2020, published late last month, the International Energy Agency describes ‘drastically altered’ energy markets...
The oil and gas industry faces a US$1.8trillion loss in 2020
The coronavirus pandemic and the resulting oil price crash are set to wipe out as much as US$1.8 trillion from...
Aker Energy on course to finding a solution for Pecan field development
Aker Energy Ghana has reaffirmed its commitment to finding a solution that will allow for the commencement of a phased...
IES predicts likely fuel price increase in June
Consumers of petroleum products in the Republic of Ghana should be prepared to pay more for the fuel at the...
ENI, Springfield negotiate jointly owned oilfield
Following a directive from Ghana’s ministry of energy, ENI and Springfield have been negotiating a unitization agreement to develop the...
Ghana faces high investment risk in upstream gas, power sectors
New research and analysis, from one of Ghana’s most reputed specialized public policy think tanks warns that the country presents...
