Business
GNPC risks collapsing after 2026 over $1bn debt – PIAC warns
The survival of the Ghana National Petroleum Corporation (GNPC) could come under threat as the government’s indebtedness to the Corporation continues to pile up. As of the end of 2022, the government owes the GNPC to the tune of $1.14 billion. The amount represents payments made on behalf of the government and SOEs, national and […]
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Featured
Increase efforts at becoming a stand-alone operator – PIAC to GNPC
The Public Interest and Accountability Committee (PIAC) has urged the Ghana National Petroleum Corporation (GNPC) to refocus on its primary responsibilities and intensify its efforts to operate independently. As the national oil company of the country, PIAC emphasizes that the corporation has a responsibility to prioritize the country’s welfare in all its operations. These suggestions […]
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Business
GNPC risks collapsing after 2026 over govt’s continuous indebtedness – PIAC warns
The survival of the Ghana National Petroleum Corporation (GNPC) could come under threat as the government’s indebtedness to the Corporation continues to pile up. As of the end of 2022, the government owes the GNPC to the tune of $1.14 billion. The amount represents payments made on behalf of the government and SOEs, national and […]
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Business
GNPC debt blamed on activities beyond mandate – PIAC
Coordinator for the Public Interest and Accountability Committee (PIAC), Isaac Dwamena, has stated that a major action that has plunged the Ghana National Petroleum Company (GNPC) into its current debt is that they engage in activities other than their constitutional mandate. He stated that the current situation sees GNPC shouldering responsibilities that traditionally fall under […]
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General News
GNPC Boss Given One Month To Pack Out
In a surprising development, Opoku-Ahweneeh Danquah, the Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), has stepped down from his position. In a letter addressed to
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General News
GNPC Gets New CEO
In a latest development, President Nana Addo Dankwa Akufo-Addo has appointed Joseph Abuabu Dadzie as the acting Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC). Mr.
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General
GNPC leaders inspect progress of work at new Takoradi Office
The Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), Opoku-Ahweneeh Danquah, alongside a delegation of board members and management, has inspected the Corporation’s state-of-the-art Operational Head Office in Takoradi, Western Region. Reflecting on the visit, O-A Danquah expressed satisfaction with the current state of the nearly completed facility and emphasized its strategic […]
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Business
Ghana’s Oil & Gas Transforming With Vision, Action
Opoku-Ahweneeh Danquah In a bold departure from traditional norms, Opoku-Ahweneeh Danquah, the Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), is redefining leadership within the public
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Business
64 Youth Get GNPC’s Support
Some of the graduates The GNPC Foundation in collaboration with Aseda Foundation in the Western Region has supported the training of 64 youth from different parts of the Western
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Featured
Freddie Blay defends GNPC allowance hikes, Calls increases “reasonable”
The Board Chairman of the Ghana National Petroleum Corporation (GNPC) Freddie Blay has clarified that allowance increases for GNPC management were reasonable and approved by the corporation. The former NPP National Chairman refuted the notion that the increases were exorbitant, emphasizing that they were implemented two years ago, not in 2024 as suggested by North […]
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Business
GNPC dismisses allegations against its Leadership
Opoku-Ahweneeh Danquah, GNPC CEO Management of the Ghana National Petroleum Corporation (GNPC) has described as unfounded, allegations of dissent against leadership of the organisation. The reports claimed a potential
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Business
GNPC equips 166 artisans with start-up tools
The Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), Opoku Ahweneeh Danquah, has explained that the overarching measure of the Corporation’s success is the degree to which its activities accrue benefits to Ghanaians. Speaking at the graduation ceremony organized by the GNPC Foundation for 166 artisans trained and certified under its ‘Skilled […]
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Greater Accra
LPG importation now goes through tender process
The National Petroleum Authority (NPA) on Monday, 29th January, 2024 successfully held the maiden Open Competitive Tender for LPG imports into the country. The winning Tenderer submitted the lowest premium of USD30.39/MT for the four (4) Lots that were tendered for the period, March to June 2024. This is a significant drop from the current […]
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Featured
Ablakwa rebukes govt over GPGC judgment debt, $20m part payment
The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, believes the government made a reckless decision by terminating a power purchase agreement with the Ghana Power Generation Company (GPGC), leading to Ghana being slapped with a $170 million judgment debt. The GPGC agreement was canceled by the Akufo-Addo government, following recommendations by a committee […]
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