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Hess hits on hydrocarbons in Africa

Hess Corporation has just wrapped up drilling on well A1-54/01 in the Arous Al-Bahar prospect in Libya. The well was drilled to a depth of 11,077 feet (3,376 m) in 2,807 feet (856 m) of water and came across a gross hydrocarbon section of around 500 feet (152 m) at …

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Ghanaian woman killed in factory accident in US

Monica Monnie would take three buses to her job on the West Side, where she worked for 18 years at a factory. On Monday, Monnie, 61, died when the pink scarf she wore got caught in a machine at the Gaw O’Hara Envelope Factory, causing multiple injuries, an autopsy concluded …

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AfDB approves U.S. $64m for roads construction in Ghana

The African Development Bank (AfDB) Group has approved supplementary loans of 43.10 million Units of Account (UA*), about US$ 64.13 million, to help finance the rehabilitation and upgrading of three major highways in Ghana. The Tema-Aflao Rehabilitation Road project and the Akatsi-Dzodze-Noepe Road Upgrading project are aimed at promoting regional …

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Boy rides donkey to school

A 10-year-old pupil of Walewale in the Northern Region, Ibrahim Samudu, rides on a donkey to and from school everyday. His school is several miles away from his home and he must get there through some means of transportation. Ibrahim is one of the ‘lucky boys’ in Walewale to have …

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Oil market buoyant as Tullow takes lead

Tullow Oil headed the FTSE 100 risers after unveiling its second big discovery in the space of a week. Its shares closed 48.5p higher at 620p on news that its Buffalo well in Uganda had found a significant amount of oil. Last week it reported positive news from the Kingfisher …

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Oil prices go above $44 before OPEC meeting

Oil prices rose above $44 a barrel Wednesday in Asia as investors waited to see how big a production cut OPEC will announce at a meeting in Algeria. Light, sweet crude for January delivery was up 65 cents to $44.25 a barrel in electronic trading on the New York Mercantile …

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Woman undergoes face transplant

A woman being treated at the Cleveland Clinic has an almost entirely new face following the most extensive facial transplant ever performed, the medical center said Tuesday. The surgery was the first face transplant in the U.S. and the fourth in the world. Few details about the patient have been …

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Bank denies existence of party officials’ accounts

The Management of Prudential Bank Limited (PBL) says its attention has been drawn to a list of names of New Patriotic Party (NPP) ministers and officials who are alleged to have accounts with the Bank with astronomical balances thereon. The list is on a purported letterhead of Prudential Bank Limited …

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Consultants attend workshop

The International Trade Centre (ITC) and the Dutch Import Promotion Agency (CBI) in collaboration with the Ghana Export Promotion Council (GEPC) on Tuesday began a series of training workshops to strengthen capacities of management consultants and export advisors. The workshop to be run in batches over a six-month period would …

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Degraded Desiri Forest Reserve re-afforested

About 2,000 hectares of the degraded Desiri Forest in the Atwima Mponua District, has been re-afforested with mixed species of cedralla, emire, ofram, mahogany, teak and mangonia, all endangered wood species. Meanwhile, more than 700 workers under the Government’s Plantation Development programme are said to be too old to do …

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