Category: Oil And Gas

Ghanaians may have to endure the ongoing load shedding exercise a little while as the Tullow Oil plc, the operator of the Jubilee field is uncertain when they will restore gas to the Ghana National Ghana Company. According to Ghana Gas, though the operators of the Jubilee field, which is  Tullow is currently working hard…

Citi Business News investigations have exposed discrepancies in the pricing of petroleum products by some Oil Marketing Companies (OMC)s following attempts to implement the full deregulation of the petroleum downstream sector. [contextly_sidebar id=”6glcgOZVY75PwxCgE3a4SrYy9NfFEbvg”]The huge difference in the prices of petroleum products at various pump stations have led to concerns about the pricing formula of the…

Citi Business News has learnt former country manager of IBM, Joe Mensah is being lined up to become the managing director of KOSMOS energy Ghana. [contextly_sidebar id=”Z41Dx4nV1r8NjLKcnpec7t7WPJH7CGvp”]Kosmos Energy is a leading independent oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margin. The company discovered the Jubilee Field…

Gas export from the Jubilee Field to the Ghana Gas onshore processing plant has been temporarily halted. [contextly_sidebar id=”SmJmAFUzDj4FzlW1JLfKXHrhiAxIkFCm”]According to lead mangers of the Jubilee Oil Field, Tullow the halt in the production was unplanned. It is unclear what lead to the disruption and how long the suspension will take but according to Tullow in…

The General Shipping and Trading Services (GSTS) has denied stealing oil from Saltpond Offshore oil field and insisted that claims that its vessel has been arrested in Germany are also “false.” The GSTS Chief Executive Officer (CEO), Justice Asare in an interview with citifmonline.com said the publication by Ghana News Agency (GNA) was “a personal vendetta against him…

The International Police in Germany has intercepted an oil tanker, MT Ceilo Di Milano that was carrying stolen crude from Saltpond Offshore oil field. According to a correspondence between Addo Atuah & Company, Solicitors of SOPCL, and the Director-General of the Criminal Investigations Department of Ghana, General Shipping & Trading Services Ltd, acting per its…

President John Mahama has appointed Kingsley Awuah Darko as the new Chief Executive Officer of the Tema Oil Refinery (TOR). [contextly_sidebar id=”MTrjtAuXiGGSBurKwCg6fSES5V2W3Ivm”]This was contained in a statement signed by the Chief of Staff which said Mr Awuah Darko “has been asked to take over responsibility for the management of the Tema Oil Refinery (TOR). Mr.…