The first half year report on petroleum revenue management by the Public Interest and Accountability Committee, PIAC, has shown that Ghana Gas Company owes GNPC in excess of 260 million dollars for gas supplied. The issue, PIAC says continues to...

The Public Interest and Accountability Committee (PIAC) has called for a review of the Ghana National Petroleum Corporation Act, 1983. PIAC explains that a review of the Act will better define the mandate of the Ghana National Petroleum...

The Chairman of the Public Interest and Accountability Committee (PIAC), Dr Steve Manteaw has said the committee will effectively police the use of oil revenue to ensure responsible spending and transparency for the benefit of the...

The Public Interest and Accountability Committee (PIAC) has finished findings on five ‘ghost and substandard projects’ and has referred them to the Economic and Organised Crime Office (EOCO) for necessary action. Of the...

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...