Oil revenues plunge 43% as production hits six-year low, PIAC warns: aging fields, missed investments, and a $561 million hole in the books
According to PIAC, Ghana’s oil industry is under a lot of stress after oil revenue fell by almost $600 million, or 43.27%, from $1.36 billion in 2024 to $770.27 million in 2025. This downturn is mostly because crude oil production has been going down for six years in a row, from 71.44 million barrels in…

