The former Chief Executive Officer of the Ghana National Petroleum Commission, (GNPC), Alex Mould and Gavivina Tamakloe are in hot waters after they signed a GH₵5Million Surety for former CEO of Microfinance and Small Loans Centre (MASLOC) Sedinam Attionu Tamakloe who has allegedly absconded. The court has ordered the duo …
Read More »PIAC pushes for parliamentary scrutiny of GNPC’s budget
The Public Interest and Accountability Committee (PIAC) says the practice of the Ghana National Petroleum Corporation (GNPC) committing huge sums of its funds into Corporate Social Responsibility (CSR) must be stopped. Vice Chairman of PIAC, Nasir Alfa Mohammed, says Parliament needs to scrutinize the budget of GNPC to ensure that …
Read More »Free gas for electricity generation from Jubilee Fields to stop by end of year – GNPC
Free gas negotiated under Kufuor’s govt Gas will be cheaper, but more expensive than now, GNPC End of free gas won’t cause increment in electricity tariffs, Jantuah The Ghana National Petroleum Commission has noted that the free gas arrangement from the Jubilee fields, negotiated by the erstwhile Kufuor government will …
Read More »Takoradi youth lauds appointment of Ahweneeh Danquah as GNPC boss
The leadership of the Concerned Takoradi Youth has lauded the appointment of Mr. Opoku-Ahweneeh Danquah as the Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC). The group which is made up of over 100 members says Mr. Danquah, who was “born and raised” in Takoradi and understands the …
Read More »Bright Simons is smearing the name of GNPC with false misrepresentation – Prof Hinson
• Professor Robert Ebo Hinson has taken on Bright Simons of IMANI Africa • He is of the view that Simons has been smearing the name of GNPC • Prof Hinson said, Simons, has no true facts to start a campaign against GNPC regarding the increase of oil blocks …
Read More »GNPC asks for $1.65bn to buy 2 stakes in offshore fields
Oil rig The Ghana National Petroleum Corporation (GNPC) has asked parliament to approve a loan of $1.65 billion for the state oil company to buy two stakes in Ghana’s offshore fields. Energy Minister Mathew Opoko Prempeh submitted a memorandum to that effect to the legislature. In the memoranda, GNPC said …
Read More »Coronavirus: Tsatsu Tsikata not dead – Family debunks rumour
Family of former Chief Executive Officer of Ghana National Petroleum Corporation (GNPC), Tsatsu Tsikata, has debunked rumour suggesting one of their own has passed away at the Ridge Hospital. A family member who spoke to GhanaWeb noted that reports by some local media houses with the suggestions were fake and …
Read More »Fantekrom to get six-unit classroom block as Barbara Oteng-Gyasi cuts sod for construction
The Fantekrom community in the Prestea Huni-valley Constituency in the Western Region was on Tuesday, 10 March, 2020 elated when Lawyer Barbara Oteng-Gyasi, Member of Parliament (MP) for the area cut sod for the commencement of an ultra-modern six-unit classroom block. The project which is expected to be completed within …
Read More »Auditor-General discovers $ 3.4b unpaid penalties relating to Petroleum Holding Fund
The Auditor-General, Mr. Daniel Yaw Domelevo, has discovered $ 3.4b in unpaid penalties relating to the Petroleum Holding Fund. The latest report on the management of petroleum funds for the year ending December 2017, found that a total amount of US$220m was outstanding. Of the total amount, US$219 million represents …
Read More »Confusion rocks GNPC over GH¢5.42 million gift
Reports picked up by The Herald, have revealed confusion between the management and the board of Ghana National Petroleum Corporation (GNPC) over the recent payment of GH¢5.42 million as sponsorships and donations to Okyenhene Amoatia Ofori-Panin, First Lady, Rebecca Akufo-Addo and others by the institution. The Herald is informed that …
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