Business Hilights

Tracking Nigeria's Headline Business News Online

Ghana National Petroleum Corporation (GNPC)

Ghana begins review of GNPC’s mandate to end unnecessary diversion

Due to observed involvements in irrelevant projects and expenditure that have nothing to do with control and regulatory roles in Ghana oil and gas industry, moves are on to review the establishment Act of the Ghana National Petroleum Corporation (GNPC)….

Ghana refinery decries continued imports of petroleum products

At a time Nigeria is decrying continued importation of petroleum products due to collapsed state of all four refineries, the case is different in Ghana as the only local refinery, the Tema Oil Refinery (TOR) continues to cry for crude…

‘Poor demand, inadequate infrastructure key gas dev. issues in Africa’

Whereas Africa is gradually waking up to the understanding that gas, rather than oil holds the next money to be made in non-renewable resources, major nations with massive reserves are beginning to identify major challenges holding back development in gas….

Ghana power producers may soon end imports as Sankofa begins deliveries

Just as Ghana based oil and gas conglomerate, Vitol Group, operators of Sankofa field for the Ghana National Petroleum Corporation (GNPC) on Monday announced the successful delivery of its first gas from the Offshore Cape Three Points (OCTP), industry analysts…


GNPC seals $1m deal to drive for petroleum research Chair in petroleum commerce

To deepen the facilitation of sustainable development of the commerce of Ghana’s hydrocarbon deposits and provide a reference point for developing similar technical capacity in Africa, the University of Cape Coast (UCC) and the Ghana National Petroleum Corporation (GNPC) have…

Like Nigeria, Ghana begins amendments on Petroleum Management Act

Just 10 years into the oil economy in Ghana, there had been a growing outcry suggesting that 10 years after oil discovery and exploration, there has been nothing tangible to show for it. This ill-feeling has therefore compelled the Ghanaian…

Ghana intensifies search for gas, seals new deal with Russia’s GAZPROM

Barely one month after signing a similar gas supply agreement with Equatorial Guinea, Ghanaian president, Nana Addo Dankwa Akufo-Addo, has sealed another deal with Russian energy giant, GAZPROM, for the supply of Liquefied Natural Gas (LNG). Earlier last two months,…