The Ghana National Petroleum Corporation, GNPC,  has bemoaned what it describes as the  unnecessary delays in gaining approval from the Ghana Procurement Authority for oil  exploration in the Volta basin. In a remark Thursday July,...

President Nana Akufo-Addo has reiterated the commitment of his government to the exploration and discovery of oil in commercial quantities onshore, specifically in the Voltaian Basin. He said 17 years ago, during the presidential campaign of...

As commercial oil production begins on the Sankofa Gye Nyame field, some players in the oil and gas industry have called for stringent measures in the management of the oil revenue. According to them, the government must work to avert some...

President Akufo Addo has committed to the efficient use of Ghana’s oil revenue to give value for money and protect the interest of Ghanaians. According to him, Ghana has no reason not to improve the lot of citizens with a decade of...

The Public Interest and Accountability Committee (PIAC) says it stands by its 2016 annual report, countering concerns by Ghana National Gas Company (Ghana Gas) that sections of the annual report were inaccurate. Ghana Gas had raised concerns that...

The Ghana National Petroleum Company (GNPC) has denied allegations made by the Public Interest and Accountability Committee (PIAC) that oil revenues were understated in 2016, arguing that, monitoring mechanisms in place are strong enough to prevent...