Management of GNPC still in talks with Kosmos - Asafu-Adjaye

Thursday, March 11th, 2010

The management of Ghana National Petroleum Corporation (GNPC) is still in discussion with management of Kosmos Energy over the purchase of its stake in the Jubilee oil field, GNPC Managing ...


Government approves development of Jubilee Field in Ghana

Thursday, November 19th, 2009

Dr Kwabena Duffuor, Minister of Finance and Economic Planning, on Wednesday said the Government has approved Phase I Plan of Development for the Jubilee Field in the Deep Water Tano ...


The Energy Department said that the US crude oil stockpiles fell 4.73 million barrels to 332.8 million last week ; Net hydrocarbon column of approximately 36.3 meters discovered by Ghana National Petroleum Corporation

Friday, September 18th, 2009

The Sankofa-A1 well drilled at Cape Three Points Block on Ghana's offshore by Ghana National Petroleum Corporation (GNPC) in conjunction with Vitol Upstream Ghana Limited (Vitol) discovered a net hydrocarbon ...


Crude oil for September 2009 delivery traded at $71.37 a barrel on the New York Mercantile Exchange ;London Brent traded at $73.43 a barrel on London’s ICE Futures Europe exchange ;Niger Delta crisis – has dealt a heavy blow to Nigeria’s oil income and crude production; Oil traders $100m payday

Tuesday, August 4th, 2009

The Niger Delta crisis – which has dealt a heavy blow to Nigeria’s oil income and crude production – is finally threatening to consume the country’s foreign reserves which had ...


GNPC GAS COMMERCIALISATION PROJECT

Thursday, April 16th, 2009

– REQUEST FOR PROPOSALS –  In June and September 2007, the Ghana National Petroleum Corporation (GNPC) announced discoveries of significant quantities of oil and gas in offshore deepwater Tano/Cape Three Points. ...


Vanco and LUKOIL Sign New Petroleum Agreement in Ghana

Wednesday, April 1st, 2009

Drilling Unit Leaves Port for Deepwater Drilling ACCRA, Ghana--(BUSINESS WIRE)--The Government of the Republic of Ghana, the Ghana National Petroleum Corporation (GNPC), Vanco Ghana Ltd. and LUKOIL Overseas Ghana Ltd., ...


Oil News from around the web, GNPC announces discovery of more oil, Energy supply crunch without prompt investment

Wednesday, March 25th, 2009

The price of OPEC basket of twelve crudes stood at 50.44 dollars a barrel on Tuesday, compared with $50.18 the previous day, according to OPEC Secretariat calculations -GNPC announces discovery of ...


GNPC announces another “significant” new oil and gas discovery

Tuesday, March 10th, 2009

The Ghana National Petroleum Corporation (GNPC) on Monday, announced that a significant new oil and gas discovery has been made in the offshore Tano Basin. GNPC and its partners, Tullow Oil, ...