Business

Data from the Public Interest and Accountability Committee (PIAC) shows that Ghana’s total petroleum revenue between 2011 and 2022 amounted to US$8.8 billion, with the year 2022 recording the highest realized petroleum revenues in the Petroleum Holding Fund (PHF). The total petroleum revenue in 2022 is the highest for a single year since petroleum production began in Ghana, with a …

Prices of petroleum products have shot up at the pumps this Monday April 17, 2023. This is the first increase since the introduction of the much-touted ‘Gold for Oil’ policy. Leading Oil Marketing Companies (OMCs), GOIL, Total and Shell have all increased prices of petrol and diesel. GOIL is selling petrol at ¢13.10 per litre and diesel at ¢12.99 per …