Public Interest Accountability Committee

News

GHANA MAKES $464M FROM OIL IN FIRST HALF 2018
11th January 2019

Despite continued challenges with information sharing and documentation regarding payments in the oil sector, in the first half of the year 2018, Ghana made a total of $463,569,064.38 in petroleum revenue, according to the latest report of the...

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PIAC READY TO TRIGGER SANCTION OF INSTITUTIONS
11th January 2019

The Public Interest and Accountability Committee (PIAC) says it is poised to spearhead an advocacy that will see an amendment of the Petroleum Revenue Management Act (PRMA) to sanction institutions which fail to comply with requests made on them to...

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AKER ENERGY ANNOUNCES SUCCESSFUL PECAN-4A APPRAISAL WELL OFFSHORE GHANA
11th January 2019

The operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, Aker Energy, has announced the near-completion of a successful drilling operation of the Pecan-4A appraisal well offshore the Western Region of Ghana. This, the Chief Executive...

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GHANA PRODUCES 29 MILLION BARRELS OF OIL IN FIRST HALF OF 2018 – PIAC
10th January 2019

Ghana has produced a total of 28,982,050 barrels (bbls) of oil from three offshore producing fields, the new report of the Public Interest and Accountability Committee (PIAC) says. According to the report covering the period from January to June...

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GOV’T BREACHING PRMA BY REFUSING TO RECONSTITUTE IAC
10th January 2019

The Public Interest and Accountability Committee (PIAC) has said the failure of the government to reconstitute the Investment Advisory Committee (IAC), exactly two years after coming into office, despite repeated calls to do so, contravenes the...

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PIAC BLAMES MOFEP FOR ITS INABILITY TO MEET REPORT TIMELINES
9th January 2019

The Public Interest and Accountability Committee (PIAC) has cited the Ministry of Finance and Economic Planning (MoFEP) as the reason behind the delay in their publication of the Semi-Annual Report, on the management of petroleum revenues for the...

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