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Category: Oil & Gas

Ghana Cuts Fuel Prices By 10%

Energy, Oil & Gas December 31, 2014January 5, 2015 MASAHUDU ANKIILU 0 Comments

Ghana has reduced petroleum prices in the country by 10% effective 1st January 2015. The Public Relations Officer of the Ghana’s National Petroleum Authority (NPA), Yaro Kasambata has announced.

NPA Paying Huge Debt To Crude Oil Importers

Energy, Oil & Gas December 30, 2014January 5, 2015 MASAHUDU ANKIILU 0 Comments

The Public Relations Officer of the National Petroleum Authority (NPA), Yaro Kasambata says the authority has cleared about half of the GH¢412 million indebtedness to importers of petroleum products in the country.

Ghana Readies To Take Decision On Falling Crude Prices

Energy, Oil & Gas December 29, 2014January 5, 2015 MASAHUDU ANKIILU

Ghana’s National Petroleum Authority (NPA) is lacing its boots to take a decision on the prices of fuel products in the country after several months of fall in international cruel prices.

Report Reveals Discrepancies In Oil Resource Distributions In Ghana

Energy, Oil & Gas December 28, 2014December 31, 2014 MASAHUDU ANKIILU 0 Comments

A study by the Public Interest and Accountability Committee (PIAC) has shown that revenue accrued from Ghana’s Jubilee fields was not evenly distributed among the regions in the country.

$728M Expanded On Atuabo Gas Project

Energy, Oil & Gas December 22, 2014December 28, 2014 MASAHUDU ANKIILU 0 Comments

The Ghana National Gas Company says it has so far spent $728 million on the development of the Ghana Gas infrastructure project.

Forecasting Ghana’s Oil Revenues: What Open Fiscal Modelling Tells Us About the Budget Year Ahead

Energy, Oil & Gas December 20, 2014December 22, 2014 MASAHUDU ANKIILU 0 Comments

Falling oil prices have had dramatic effects on the solvency of highly oil-dependent countries, particularly those that have not saved much of their windfall receipts in boom years.

Ghana Approves New Minister For Power

Energy, Oil & Gas December 18, 2014 MASAHUDU ANKIILU 0 Comments

GHANA’S Parliament has approved the nomination of Dr. Kwabena Donkor as the Minister of Power on Thursday (today).

Fall In Oil Prices: Ghanaians Yet To Benefit

Energy, Oil & Gas December 18, 2014December 19, 2014 MASAHUDU ANKIILU 0 Comments

Ghana’s National Petroleum Authority (NPA) has maintained the prices of fuel at the pumps in its regular review of the prices of petroleum products at the time when international oil prices are falling.

Oil Stays Below $60 As Opec Keeps Pumping

Energy, Oil & Gas December 18, 2014December 21, 2014 MASAHUDU ANKIILU 0 Comments

Brent crude held below $60 a barrel on Wednesday, 17th December,2014 near 5-1/2-year lows, as major oil producers signalled that they would maintain output despite a supply glut and faltering demand in Russia and Europe.

Shell Operates Illegally In Ghana

Energy, Oil & Gas December 18, 2014December 18, 2014 MASAHUDU ANKIILU 0 Comments

 THE Member of Parliament for Obuasi West, Kwaku Kwarteng has filed an urgent question in Parliament asking the Minister for Energy & Petroleum to appear before the house and explain why Shell Petroleum Ghana (now Vivo Energy) continues to operate in Ghana without complying with regulatory requirements.

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