Dr Steve Manteaw, Chairman, Public Interest and Accountability Committee (PIAC), says his outfit will soon refer cases of nonexistent projects funded  with oil revenue to the Economic and Organised Crime Office (EOCO) for investigation. He...

With a royalty payment of 12.5% based on gross production, corporate tax on profits of 35%, and participation interest of 15%, one can conveniently say that Ghana has struck a good deal for her oil find.  It is, therefore, not surprising that...

The unutilised Annual Budget Funding  Amount (ABFA) of the oil revenue of the country has now increased to GH¢655.12 million as at the end of 2018. In 2017, the unused amount was GH¢403.74 million, but there has been an...

The West African Gas Pipeline Company Limited (WAPCo) says it has began the transport of natural gas from Takoradi to the eastern part of the country. A statement from WAPCo said in June 2019, they completed commissioning and performance testing...

The Ghana National Petroleum Corporation (GNPC) has announced the completion of the initial phase of the project (Takoradi scope) to reverse flow gas from the Western region of Ghana to the Tema power enclave. The project is being financed by the...

The Omanhene of Ogua Traditional Area, Osabirima Kwesi Atta II, has called on the Public Interest and Accountability Committee (PIAC) to seek the prosecution of those who violate the petroleum revenue regulations, in order to ensure judicious use of...