The National Petroleum Authority (NPA) has sanctioned seven Petroleum Products Marketing Companies (PPCs) for illicit distribution of petroleum products.They are to pay fines for violation of Unified Petroleum Pricing Fund (UPPF) regulations, making false UPPF representations to the Authority, and engaging in third-party supplies. Failure by the affected companies to pay the fines will lead […]
IBM Petroleum Limited was adjudged Best Growing Oil and Gas Company at the 2022 Ghana Oil and Gas Awards (GOGA) in Accra. The company grew its market share from 1.12 in 2020 to 1.41% in 2021 and 1.80% as of November 2022.
The Ghana Oil and Gas Awards organized by Exodus Communications Limited in Partnership with the Ministry of Energy and Petroleum and Graphic News Plus is a platform for the Oil and Gas industry to demonstrate and celebrate the advances made in key areas of the environment stewardship, efficiency, innovation, leadership, Corporate Social Responsibility and health and safety.