Tag: petroleum revenue
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Government Sidelines Oil Watchdog in Revenue Law Review
The Public Interest and Accountability Committee (PIAC) has been excluded from key consultations on proposed amendments to the Petroleum Revenue Management Act (PRMA), raising...
Five New Members Join PIAC to Strengthen Petroleum Revenue Oversight
The Public Interest and Accountability Committee (PIAC), Ghana's independent petroleum revenue watchdog, has sworn in five new members to replace outgoing representatives whose tenure...
PIAC Funding Cut By 77 Percent Under Revenue Amendment
Ghana's petroleum watchdog says it cannot fulfill its oversight mandate after receiving just GH¢4.6 million of a requested GH¢20.5 million budget for 2025, a...
Ghana’s Oil Output Faces Natural Decline as Major Fields Age
Ghana's crude oil production continues its steady downward trajectory as the country's main producing fields enter natural depletion phases after more than a decade...
Surface Rental Arrears Jump to Record High Despite Collections
Ghana's petroleum sector surface rental arrears have surged to a record US$2.82 million as of June 2025, representing a more than sixfold increase from...
