Tag: PIAC
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Ghana Could Capture 16 Billion Dollars in Oil Revenue
Ghana stands poised to capture $16 billion from West Africa's projected $80 billion oil and gas market by 2033, according to a recent Deloitte...
Ghana Redirects Petroleum Revenue to Infrastructure Under Amended Law
Ghana's petroleum revenue management framework underwent sweeping changes in 2025, redirecting all discretionary oil funds toward infrastructure projects while fundamentally altering how the nation...
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...
Oil Company Tax Payments Drop 59% in 2025
Ghana's petroleum sector corporate income tax receipts fell sharply in the first half of 2025, raising fresh concerns about declining state revenues from oil...
