The Public Interest and Accountability Committee (PIAC) has highlighted that the most immediate consequence of declining oil production is a reduction in revenue from oil and gas.
Springfield E&P, a wholly Ghanaian company and major player in the oil and gas industry, says work has commenced on the appraisal of its Afina field to test the flow of oil in the reservoir and obtain the well productivity data.
The Africa Centre for Energy Policy (ACEP) has explained that its positions on Springfield Afina drilling appraisal are not intended to harm Springfield but highlight issues of national interest, which have been undermined by recent governance failures.
Ghana has issued four exploratory licences to three indigenous oil and gas firms to undertake exploration activities in the onshore Tano and Voltaian basins.
President Nana Addo Dankwa Akufo-Addo has debunked the perception that the government is engaged in a sell-out of petroleum agreements to international investors.
When industry players in Ghana’s energy sector recently gathered under the guidance of the Public Interest and Accountability Committee (PIAC), the stunted nature of the country’s oil production dominated the conversation.
The Norwegian Agency for Development Cooperation (Norad) yesterday commemorated 16 years of partnership under the Oil for Development programme (OfD) in Accra.
A member of Public Interest and Accountability Committee (PIAC), Mr Constantine K. M. Kudzedi, has warned that Ghana must act quickly to address the steady decline in crude oil production.
The Ghana National Gas Company Limited has acquired ownership of the Ghana Cylinder Manufacturing Company Limited due to the latter’s significant losses, including a loss of GH¢4 million recorded in 2021.
The Public Interest and Accountability Committee (PIAC) will today commence a two-day workshop on finding solutions to the declining crude oil production in the country.