Month: July 2025

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Galamsey Threatens Ghana’s Onshore Oil Prospects—GNPC Board Member Warns

Galamsey Threatens Ghana’s Onshore Oil Prospects—GNPC Board Member Warns

Illegal mining activities commonly referred to as galamsey pose a significant threat to Ghana’s plans to develop onshore oil resources, according to Kwame Jantuah, a board member of the Ghana National Petroleum Corporation (GNPC). Speaking on TV3’s New Day programme on Friday, July 25, Mr. Jantuah cautioned that rampant galamsey operations in key exploration zones,...

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PHDC Boosts Staff Competence with Intensive Project Management Training

PHDC Boosts Staff Competence with Intensive Project Management Training

The Petroleum Hub Development Corporation (PHDC) has successfully concluded a rigorous three-week training programme aimed at strengthening the project management capabilities of its Operations and Technical Department staff. The capacity-building initiative covered a comprehensive range of methodologies and practical modules designed to enhance project execution efficiency. It was facilitated by acclaimed project management consultant Mohammed...

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BoG Confirms GHS¢2.14bn Loss from Discontinued Gold for Oil Programme

BoG Confirms GHS¢2.14bn Loss from Discontinued Gold for Oil Programme

The Bank of Ghana (BoG) has revealed it incurred a total loss of GHS¢2.14 billion under the now-defunct Gold for Oil (G4O) programme, which aimed to stabilise domestic fuel prices and reduce pressure on foreign exchange reserves. This disclosure was contained in an official response to a Right to Information (RTI) request submitted by energy...

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Oil giant BP backs out of Australia Renewable Energy Hub in WA’s Pilbara

Oil giant BP backs out of Australia Renewable Energy Hub in WA’s Pilbara

Global oil giant BP has backed out of its majority share in a $55 billion green energy hub in Western Australia’s Pilbara region, dealing Australia’s clean energy transition another major blow. The Australia Renewable Energy Hub (AREH), 1,860 kilometres north-east of Perth, is tipped to deliver 26 gigawatts of solar and wind power by 2029,...

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GNPC Engages UCC Students, Urges Shift from Certificates to Competence at Career Fair

GNPC Engages UCC Students, Urges Shift from Certificates to Competence at Career Fair

The Ghana National Petroleum Corporation (GNPC) has reaffirmed its dedication to nurturing Ghana’s future workforce by taking part in the 2025 Career and Skills Fair hosted at the University of Cape Coast (UCC). The event, organised by TEDxUniversityofCapeCoast in collaboration with UCC, was themed “Skills and Experience: Your Valuable Asset” and served as a vibrant...

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NEDCo Recoups GH₵14 Million in Sunyani Revenue Recovery Drive

NEDCo Recoups GH₵14 Million in Sunyani Revenue Recovery Drive

The Northern Electricity Distribution Company (NEDCo) has retrieved GH₵14 million from defaulting customers in the Sunyani Area during a two-week revenue mobilisation and loss control operation. Eugene Odoi Addo, NEDCo’s Sunyani Area Manager, confirmed the development on Saturday, July 27, stating that the exercise was launched to recover a targeted GH₵20 million in unpaid electricity...

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PetroChina approves new northeast refinery complex, sources say

PetroChina approves new northeast refinery complex, sources say

July 25 (Reuters) – PetroChina (601857.SS), opens new tab has made the final investment decision to build a new multi-billion-dollar refinery and petrochemical complex in northeast China’s Dalian, following recent closure of a nearby old plant, according to a company official and two industry sources. The new complex comprises a 200,000-barrel per day crude oil...

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Liberia: Police Accused of “Ruthless” Treatment of Hijab-Wearing Woman Resisting Arrest Over Power Theft Allegation—Public Divided

Liberia: Police Accused of “Ruthless” Treatment of Hijab-Wearing Woman Resisting Arrest Over Power Theft Allegation—Public Divided

Monrovia – In the space of just 24 hours, the Liberia National Police (LNP) swung from pledging a full investigation into the alleged forceful removal of a Muslim woman’s hijab to declaring that no investigation was necessary because “the video is clear.” The incident, captured in a viral video and involving a visibly distressed woman...