Petroleum revenue overhaul must deliver real impact – Kwame Jantuah
Energy Analyst, Kwame Jantuah, says the recent amendment to the Petroleum Revenue Management Act (PRMA) must translate into meaningful economic ...
Tag: PIAC
Govt’s indebtedness to GNPC balloons to $1.25 billion
Government indebtedness to the Ghana National Petroleum Corporation (GNPC) has increased to $1.25 billion as of December 2024. This is ...
Ghana’s petroleum revenues hit $1.35bn in 2024
Ghana earned over $1.35 billion in petroleum revenues in 2024, representing a 27.8% increase compared to the previous year. The ...
Ghana’s oil production falls for fifth consecutive year – PIAC Report
Ghana’s crude oil production has declined for the fifth consecutive year, dropping from a peak of 71.44 million barrels in ...
Petroleum revenue hits $1.3bn in 2024 despite 38% drop in second half
Petroleum revenue recorded in the second half of 2024 saw a sharp decline by 38 percent, dropping from US$840.77 million ...
Ghana Gas debt soars amid VRA payment challenges
The Ghana National Gas Company Limited (GNGLC) is facing a debt crisis, primarily due to the inability of the Volta ...
Ghana rakes $840m in oil revenue in first half of 2024
Ghana’s crude oil revenue experienced a substantial increase in the first half of the year, showing a 55.6% rise compared ...
PIAC elects Constantine Kudzedzi as new Chair
The Public Interest and Accountability Committee (PIAC) has appointed an esteemed lawyer and public advocate, Constantine K.M. Kudzedzi, as its ...
GNPC’s financial viability in jeopardy due to govt’s $1bn debt – PIAC
The Public Interest and Accountability Committee (PIAC) is raising concerns over the financial viability of the Ghana National Petroleum Corporation ...
PIAC, constituent groups discuss enhancement of accountability in petroleum revenue utilization
The Public Interest and Accountability Committee (PIAC) has engaged representatives from its 13- Constituent Bodies to discuss how to strengthen ...
PIAC criticises lack of local involvement in petroleum-funded projects, calls for better oversight
The Public Interest and Accountability Committee (PIAC) has raised concerns over the lack of involvement of local governance structures in ...
PIAC urges government to enhance investment climate
Mark Agyemang, Technical Manager of the Public Interest and Accountability Committee (PIAC) has proposed to the government to enhance the ...
PIAC questions GNPC’s use of $14m budget on maritime boundary activities
The Public Interest and Accountability Committee (PIAC) has raised concerns over the Ghana National Petroleum Corporation's (GNPC) continued expenditure on ...
Ghana’s crude oil production dropped from 71.44m to 48.25m barrels in 2023 – PIAC
The 2023 Public Interest and Accountability Committee (PIAC) Annual Report has revealed that crude oil production in Ghana has declined ...
Increase efforts at becoming a stand-alone operator – PIAC to GNPC
The Public Interest and Accountability Committee (PIAC) has urged the Ghana National Petroleum Corporation (GNPC) to refocus on its primary ...
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