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...

Co-chair of the Ghana Extractives Industry Transparency Initiative (GHEITI) Dr. Emmanuel Steve Asare Manteaw, who is also a member of the Public Interest and Accountability Committee (PIAC), has said the inability of the country to properly sequence...

The Public Interest and Accountability Committee (PIAC) has said the Ghana National Gas Company (Ghana Gas) is confused about how much power producer Volta River Authority (VRA) is indebted to the state gas company. Ghana Gas, in a press...

The African Center for Energy Policy (ACEP) has opposed calls for Ghana to hedge its oil against global price fluctuations. According to the Executive Director of ACEP, Benjamin Boakye, the move will rather be injurious to the country’s...

The Public Interest and Accountability Committee (PIAC) has impressed on the Bank of Ghana and Finance Ministry to target hedging Ghana’s oil reserves to protect the economy from massive revenue losses due to declining global oil prices. In...

Gas from the Tweneboa, Enyenra and Ntomme (TEN) field is being flared due to pipeline infrastructure delays, similar to the delays that characterised the evacuation of gas from the jubilee field. Meanwhile, an estimated US$952million is required...