Governor of the Bank of Ghana (BoG), Dr Ernest Addison has told the government to empower any of the commercial banks to take over the running of the ‘Gold for Oil’ porgramme. To him, any commercial bank will be able to do so if its capacity is built by the government. Dr Addison said this […] The post Empower a commercial bank to take over ‘Gold
The Executive Director of the Alliance for Social Equity and Public Accountability (ASEPA), Mensah Thompson, has accused the Ghanaian government of intentionally sabotaging the operations of the Tema Oil Refinery (TOR) to pave the way for its sale to Sentuo Oil Refinery Limited. Thompson alleges that this move is aimed at granting Sentuo Oil Refinery […] The post Government
It might sound cliche but not at Tullow Ghana. The phrase, ‘local content’ has come to mean the very heart of how it conducts its business. As main operator of Ghana’s two main oil fields – Jubilee and TEN – Tullow has a responsibility to harness the oil and gas resources available to the country […] The post Giving priority to local suppliers;
The Alliance for Social Equity and Public Accountability (ASEPA) is demanding clarity on the relationship between the Tema Oil Refinery (TOR) and Sentuo Oil Refinery. The Alliance wants Managements of the two refineries to make it clear to the public, if the state-owned refinery has been sold to Sentuo, the Chinese-owned company. ASEPA’s request stems […] The post Alleged
The Bunso fire station of the Ghana National Fire Service has commenced investigations into the cause of fire that ravaged the 31st Young Women Christian Association (YWCA) Palm Oil Factory at Akyem New Tafo in the Abuakwa North Municipality of the Eastern Region. The cause of the devastating fire which is not readily known according […] The post Fire Service probes cause
Petroleum consumers in Ghana are expected to pay more for fuel following the decision by the National Petroleum Authority (NPA) to suspend the Price Stabilization and Recovery Levy on petroleum products. In a directive dated April 3, 2024, and distributed to various stakeholders within the oil marketing and distribution sector, the NPA instructed the application […] The post Fuel
Prices of fuel at the pumps across the country are projected to be maintained in the first pricing window in April 2024. Projections for April’s first pricing window made by the Chamber of Petroleum Consumers (COPEC) is pegging a litre of petrol at GH¢13.41, “baring any universal changes in Petroleum prices of $874.09/MT for petrol […] The post Fuel
The Chamber of Petroleum Consumers (COPEC) has expressed concerns about the recent increase in the number of the reconstituted Tema Oil Refinery Board. President Akufo-Addo, in a letter dated March 18 and under the hand of Nana Bediatuo Asante, Secretary to the president, announced the reconstitution of the board of the Tema Oil Refinery (TOR) […] The post Increased
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 Read More... The post Ghana’s Oil &
Kurt Okraku GOIL fuel support for all 20 Women Premier League Clubs for the 2023/24 Malta Guinness Women’s Premier League season has been loaded onto the Goil GOCard of Read More... The post GFA, GOIL Fuel Women Football appeared first on DailyGuide
The discovery, named Calao, stands as the second largest in the country, following the Baleine field discovered by Eni in September 2021 Abidjan (Côte d’Ivoire), 7 March 2024 – The President of the Republic of Côte d’Ivoire Alassane Ouattara and the Chief Executive Officer of Eni Claudio Descalzi met in Abidjan today to discuss the […] The post
In a collaborative effort, a joint task force involving the Tree Crop Development Authority, the Oil Palm Development Association of Ghana, the Customs Division of the Ghana Revenue Authority, and National Security successfully seized over 1,000 units of 25 litres of vegetable oil suspected to be smuggled. The operation took place at a warehouse located […] The post Joint
By Abdallah ABDUL-MUMUNI (Dr) Ghana’s economic landscape has changed dramatically since the early 2010s, when oil reserves were discovered off its coast. However, the journey towards harnessing this newfound economic resource has been confronted with challenges, key among them being the volatile nature of international crude oil prices. In this article, we delve into the […] The post
The Executive Director of the Joint United Nations Programme on HIV/AIDS (UNAIDS), Winnie Byanyima, has expressed grave concerns over the passage of the Human Sexual Rights and Family Values Bill in Ghana, commonly known as the anti-gay bill. The legislation, which criminalizes and prohibits LGBT activities, was approved on Wednesday, February 28, 2024, sparking criticism […] The post Passage
A taskforce comprising the Tree Crop Development Authority, the Oil Palm Development Association of Ghana, the Customs Division of the Ghana Revenue Authority, and National Security, on Tuesday, February 27, 2024, embarked on an exercise to crack down on smuggled vegetable oil on the Ghanaian market. During a swoop, eight shops were ordered to cease […] The post Taskforce
President Nana Addo Dankwa Akufo-Addo
The Association of Ghana Industries is in support of efforts by the Tree Crop Development Authority and others to crack down on smuggled vegetable oil in the Ghanaian market. The Tree Crop Development Authority, the Oil Palm Development Association of Ghana, the Customs Division of the Ghana Revenue Authority, and National Security on Tuesday closed […] The post Action
Opportunity International Savings and Loans Limited (OISL) has launched its 20th anniversary celebration on the theme ‘20 Years of Transforming Lives’, in Kumasi. Licensed by the Bank of Ghana in June 2004, OISL operates in 10 out of the 16 regions in Ghana, providing innovative financial products and services to bring clients at the base […] The post OISL
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