Government has since 2021 invested $75 million of petroleum
revenue into the Agenda 111 health project, the Public Interest
Accountability Committee (PIAC) has revealed.
The country recorded 25.8 million (bbls) of crude oil in the first half year of 2022 from its three offshore producing fields – Jubilee, Tweneboa Enyera and Ntomme (TEN) and Sankofa Gye Nyame
(SGN), a reduction of about 1.9 million barrels from the previous year’s production. Jubilee recorded 14.9 million bbls, being 57.6 percent of the total
production, whereas SGN produced 6.5 million bbls representing 25.4 percent and TEN recorded 4.3 million bbls, being 17 percent.
Climate campaigners have condemned the United Kingdom for its decision to open up a new licensing round for oil and gas fields in the North Sea, saying the decision signifies the Conservative government’s blatant disregard for the climate emergency and warnings against fossil fuel exploration from energy experts and scientists.
Oil prices fell on Monday, snapping five days of gains, as investors took profits after a report on slowing economic activity in China, the world’s biggest crude importer, re-ignited concerns about falling global fuel demand.
ENERGY MINISTER, Dr. Mathew Opoku Prempeh, has hinted that Government will soon outdoor a National Energy Transition Plan to generate revenue, create jobs and enhance energy security.
The government is implementing a National Liquified Petroleum Gas Promotion Programme to ensure that at least 50% of Ghanaians have access to LPG by 2030 as part of measures to mitigate climate change.
Power Energy Ghana Exhibition – the complete international exhibition of the power energy electrical sector would take place from 14th to 16th November 2022 at the Accra International Conference Center.
he Energy Minister Dr Matthew Opoku Prempeh wants investors to turn their attention to Ghana’s oil and gas sector
The Chamber of Petroleum Consumers (COPEC) has kicked against the Energy Minister’s insistence on keeping the Bulk Oil Storage and Transportation Limited Company (BOST) margin as part of the petroleum price build-up.
In an attempt by the Ministry of Energy to continue to position
Ghana’s energy sector favourably in the minds of investors for
strategic partnerships and economic growth, Deputy Energy Minister,
Dr. Mohammed Amin Adam on Friday