Ghana: Piac Urges Govt to Revive Struggling Upstream Petroleum Sector

Ghana: Piac Urges Govt to Revive Struggling Upstream Petroleum Sector

The Public Interest and Accountability Committee (PIAC) has urged the government to take decisive steps to revive Ghana's struggling upstream petroleum sector.

Petroleum Sales in Cyprus Rise 8.4% in April – Famagusta Gazette

FAMAGUSTA GAZETTE – Total petroleum product sales in Cyprus reached 124,647 tonnes in April 2025, marking an 8.4% increase compared to the same month in 2024. The largest gains were seen in marine gasoil provisions, which surged by 136.6%, and aviation kerosene, up 12.7%. Sales of kerosene, heavy fuel oil, heating gasoil, liquefied petroleum gases, motor gasoline, and road diesel also rose. Conversely, light fuel oil sales dropped by 56.9%, whil…

Ghana resumes oil drilling in Jubilee, OCTP fields

ENI Ghana and Tullow Ghana Limited have resumed oil drilling operations in the Jubilee and Offshore Cape Three Points (OCTP) fields. The new drilling campaigns, approved by Ghana’s Ministry of Energy and Green Transition and the Petroleum Commission, aim to boost oil output and restore investor confidence. The move comes after a period of subdued […] The post Ghana resumes oil drilling in Jubilee, OCTP fields appeared first on Pumps Africa.

Ghana’s Upstream Petroleum Sector Rebounds with New Drilling

Ghana’s upstream petroleum sector is receiving a significant shot in the arm as two major players—Tullow Ghana Limited and Eni Ghana—reignite drilling activities in the Jubilee and Offshore Cape Three Points (OCTP) oil fields. The announcement, made in an official statement from the Ministry of Energy and Green Transition, marks a turning point in efforts to revitalize the country’s oil and gas industry after a prolonged period of low activity. …

PIAC alarmed by stagnation in upstream petroleum investment

By Elizabeth PUNSU, Kumasi The Public Interest and Accountability Committee (PIAC) has expressed grave concern over government’s continued inability to attract new investments into the upstream petroleum sector, warning that persistent stagnation in exploration and production activities poses significant economic risks. According to PIAC, Ghana has not signed a single petroleum agreement since 2018 — a worrying trend that threatens future oil pr…