Atuabo Project Was Bloated By Over $40m
The Co-chair of the Ghana Extractive Industry Transparency Initiative (GHEITI), Dr. Steve Manteaw is alleging that the one billion dollar cost of the Atuabo Gas plant in the Western Region was...
Tag: Oil & Gas Refining and Marketing – NEC
Medikal, EL, Sonnie Badu, Shatta Wale, Stonebwoy Among Winners At Ghana Entertainment Awards-USA
The maiden edition of the Ghana Entertainment Awards USA took place at the Florence Gould Hall Theater in New York (USA) on Saturday, May 20 and awarded musicians and people playing significant roles...
GOIL Pays Gh?0.025 To Shareholders As Dividend
The Board of Directors of Ghana Oil Company Limited (GOIL) has recommended a dividend payment of Gh?0.025 per share this year, which was unanimously approved by shareholders at the 48th Annual...
GOIL Posts 58% Profit; Maintains Dividend To Shareholders
Ghana Oil Company Limited (GOIL), has recorded an impressive performance in 2016 despite increasing competition and a fall in general consumption of fuel. The largest Indigenous oil marketing company...
Kwamena Bartels Assumes Chairmanship of GOIL Board
The Shareholders of the Ghana Oil Company Limited (GOIL) has affirmed Mr Peter Kwamena Bartels, a former Minister of the Interior as the Chairman of GOIL Board of Directors at the 48th Annual General...
Kwamena Bartels Appointed Board Chairman of GOIL
Former Member of Parliament for Ablekuma North, Peter Kwamena Essilfie Bartels, has been appointed by the government as the new Board Chairman of Ghana Oil Company Limited(GOIL). Bartels, who under...
Fuel Prices To Drop In 2nd Pricing Window of May – IES
The Institute of Energy Security (IES) has predicted an average drop of 1.03% percent in fuel prices for the second pricing window. According to IES, current developments across the globe indicate...
No ‘clean Slate’ Between the US and Russia, Tillerson Says
Relations between the United States and Russia, at their lowest level since the Cold War, will not restart "with a clean slate," Secretary of State Rex Tillerson said on Sunday. The former ExxonMobil...
Jerry Garcia Guitar On Auction To Back Rights Group
One of Grateful Dead legend Jerry Garcia's most famous guitars is going back on auction, where it could fetch more than $1 million to back a civil rights group. Known as Wolf, the electric guitar was...
132,500 Barrels of Oil Produced Daily In First Quarter
Gross sales volumes of crude oil in the first quarter of 2017 averaged approximately 132,500 barrels of oil per day (bopd). This comprises 82,500 bopd from the Jubilee fields and 50,000 bopd from...
Mozambique’s Gas Boom Dream Under Threat
The small, palm-fringed fishing town of Palma was meant to become a symbol of Mozambique's glittering future, transformed by one of the world's largest liquefied natural gas projects. But...
Coates Wins Bitter Fight To Remain Australian Olympic Chief
Long-time Australian Olympic Committee chief John Coates on Saturday beat off challenger Danni Roche to remain the president of the AOC. Coates, who has been the president of the Australian Olympic...
Oil Marketing Companies Collapsing
AOMCs says the development has made it difficult for their members to repay debts The Non-Performing Loans (NPLs) of commercial banks, is likely to worsen if government fails to stop the illegal...
Oil Price Tumbles To Five-Month Low
The oil price has fallen to a five-month low as investor concerns resurface about a worldwide glut. Brent crude dropped by more than $2 on Thursday to below $49 a barrel, hitting its lowest level...
Oil Prices Have Plunged 15% In 3 Weeks
Renewed fears about the oil supply glut have sent crude prices plunging 15% Renewed fears about the oil supply glut have sent crude prices plunging 15% from their peak in mid-April to $45.52 a barrel...
Latif Abubakar’s ‘Judas and Delilah Shows This Weekend
Globe Productions in partnership with the National Ambulance Service presents Playwright Latif Abubakar’s much anticipated ninth stage play ‘JUDAS AND DELILAH’ which is set to take place at the...
COPEC Demands Arrest of Illegal Petroleum Traders
The Chamber of Petroleum Consumers (COPEC) is calling on government to urgently investigate and arrest culprits involved in the illegal sale of petroleum products. COPEC believes this will ensure the...
Fuel Smuggling Killing OMCs – GOIL
The Managing Director of GOIL, Patrick Akorli, has said Oil Marketing Companies (OMC’s) are shutting down and laying off staff due to the activities of some individuals who smuggle petroleum...
Arrest BNI Officials, Dismiss GRA Staff At the Ports – COPEC Demands
The Chamber of Petroleum Consumers (COPEC) Ghana is demanding full scale investigations into the proliferation of black market trade in the petroleum downstream sector that allegedly caused the...
‘Judas & Delilah’ Play Stages May 6 At AICC
Globe Productions in partnership with the National Ambulance Service will stage Playwright Latif Abubakar’s much anticipated ninth stage play ‘JUDAS AND DELILAH’ which is set to take place at...