Public officials found to have misused or diverted petroleum funds will soon be prosecuted by the state. Steve Manteaw, Chairman of the Public Interest and Accountability Committee (PIAC) said the decision was reached because his office does not...

The Public Interest and Accountability Committee (PIAC), on Monday, signed a Memorandum of Understanding (MoU) with the Economic and Organised Crime Office (EOCO) to work together to investigate the utilisation of state revenue from petroleum and...

Aker Energy ASA has confirmed a significant offshore resource base in Ghana and has committed to scale up new development in the Deepwater Tano Cape three points block (DWT/CT).   Ghana's oil Production by 2024 A Government of Ghana...

A total of $799 million worth of contracts in the upstream petroleum industry was awarded to indigenous Ghanaian companies and joint ventures last year in accordance with the Local Content and Local Participation law. Out of the amount, $453...

The Petroleum Commission has revealed to Citi Business News that it has for the past two years sanctioned about 15 companies in the Petroleum Upstream sector for violating the local Content Law. Chief Executive of the Commission, Egbert Faibille...

THE government has decided to completely cut the Annual Budget Funding Amount (ABFA) allocation for its Free Senior High School programme. This means the government will not spend proceeds from the country’s oil resources on the programme...