The federal government, through the Federal Ministry of Finance, has initiated measures to strengthen petroleum revenue ...

Implementation committee to issue transition framework for direct Federation Account remittances and review Petroleum ...

Persistent defaults by International Oil Companies (IOCs) to pay surface rental fees on time is eroding petroleum revenues and exposing weaknesses in enforcement of the country’s upstream fiscal ...

The Executive Order directs that all oil and gas revenues due to the Federation, including royalty oil, tax oil, profit oil, and profit gas, be paid directly into the Federation Account ...

The Joint Committees on Petroleum Resources (Upstream, Midstream, Downstream and Gas) of the Senate and House of ...

Chad will consider adjusting its petroleum revenue management law following moves to explore and exploit additional oil and gas fields. Addressing a CWC conference in London last week, Chad Petroleum ...

Ghana’s petroleum upstream sector has long served as a key pillar of public financing, national growth, and macroeconomic stability. The sector still holds vast potential—not just in terms of resource ...

Imperial Petroleum Inc. has scheduled the release of its fourth-quarter and full-year 2025 results for March 6, 2026, before the New York market opens, followed by a management conference call at ...

Parliament has passed the Petroleum Revenue Amendment Bill (PRMA).The bill has gone through different stages of review in the House amidst several changes to the original clauses that make up the ...

Ghana recorded a significant decline in its petroleum receipts for the second half of 2025, with total revenue dropping by approximately $117.38 million compared to the same period in 2024. The Bank ...

The Multi-Stakeholder Group of the Ghana Extractive Industries Transparency Initiative (GHEITI) has recommended that government refrain from diverting oil revenue allocations to finance the proposed ...