Board members of the Bulk Oil Storage and Transportation (BOST) will on Monday meet to take a decision on the latest allegation of ‘shady deal’ levelled against the company. The Chamber of...
President Nana Addo Dankwa Akufo-Addo on Thursday announced that a pilot survey in the Voltaian basin for possible onshore oil discovery, has established the “presence of a working petroleum...
Former Petroleum Minister Emmanuel Armah Kofi Buah has asked government to scrap the special petroleum tax with immediate effect. “I think it is important that in the face of the numerous taxes,...
Aggrieved workers of the Tema Oil Refinery (TOR) are expected to meet their management today (Monday February 5) over plans to build a new refinery. The Energy Minister Boakye Agyarko last week...
The recent increment in petroleum prices in the country will not affect transport fares, according to the Ghana Private Road Transport Union (GPRTU). The National Vice Chairman of the transport...
US petroleum giants ExxonMobil and Chevron reported big jumps in second-quarter profits Friday, the latest boost from a recovery in oil prices that still feels shaky to many industry officials....
The sale of illegal fuel on table tops in Ashaiman has resulted in the burning of four family members at Ashaiman Taifa. The four persons who belong to one family and live in a wooden structure...
Oil and gas will remain central to the world's supply of energy for decades to come, despite a surge of interest in renewables, the chief executive of giant producer Saudi Aramco Amin Nasser said...
The Ghana National Petroleum Corporation, GNPC, has appealed to President Akufo Addo to intervene and grant the necessary approval in the proposed oil exploration activities in the Voltaian basin....
The President, Nana Addo Dankwa Akufo-Addo, has reiterated the commitment of his government to the exploration and discovery of oil in commercial quantities onshore, specifically in the Voltaian...
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has reiterated the commitment of his government to the exploration and discovery of oil in commercial quantities onshore, specifically in...
The Bulk Oil Storage and Transportation Company Limited (BOST) and the National Petroleum Authority have been dragged to court over the contaminated fuel saga. The Managing Director of BOST, Alfred...
Asian energy firms sank Thursday following a plunge in oil prices while equity traders remained on edge after North Korea's latest missile test and warnings from the US it would use force to deal...
Petroleum-linked shares tumbled early Wednesday, on lower oil prices, pressuring US stocks, while some big technology shares were modestly positive. ExxonMobil and Chevron were among the biggest...
The National Petroleum Authority (NPA), has said it will punish Movenpinna Energy, Zup Oil and over forty other unlicensed companies that purchased off-spec fuel from BOST despite government’s...
Prices of fuel are likely to see further drop in the first pricing window of July by about 2%. This is according to the Institute of Energy Security (IES). The Institute believes indicators such as...
An Accra High Court has dismissed a stay application by the International Finance Corporation (IFC) and the OPEC Fund to have suit brought against them by Quantum Oil moved to London for arbitration....
Ministry of Energy has put together an eight-member committee to probe the sale of five million litres of contaminated fuel (off-spec) by the Bulk Oil Storage and Transportation Company Limited...
The Energy Ministry’s decision to set up an investigative committee to probe the Bulk Oil Storage and Transportation (BOST) company’s controversial sale of 5 million litres of contaminated fuel,...
Ten years ago this month when the announcement of commercial discovery of crude oil in Ghana was made, the price of a barrel of crude oil was about $68 and on steady increase. The price increase...
