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GNPC, Government plans to redeem future uncertains -News review

On Wednesday September 13, the online media portals reported.

The state owned print media house, Graphiconline reported ‘ GNPC, govt insure oil interests against volatilities’  This they explained the government and the Ghana National Petroleum Corporation (GNPC) have learnt their lessons following the huge lost of US$220 million and are now working to insure their shares in the petroleum sector against future uncertainties.

Also, Myjoyonline also disclosed on Wednesday, ‘Petroleum prices projected to increase by 14%‘ According to the media house, he energy sector is likely to witness its first major shock in decades with prices of petroleum products projected to increase by 14 percent before the end of this week as a result of the continuous hike in crude oil prices on the international market due to the current tropical storms in the United States oil-rich state, Texas.

Meanwhile, the state newspaper daily graphic reported the following:

Page 3 President clears air –oil, natural resources to fund Free SHS

Page 23 HESS-GNPC awards scholarship to 125 SHS students in W/R

Page 33 Nothing can defeat a determined people

Page 42 10 Arrested at small scale miners demo in Kumasi

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Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
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