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Oil & Gas
Ghanaian farmers suspend clearing of land for Domunli gas project
A group of farmers in the Jomoro District have resisted the clearing of their coconut plantations and other cash crops for the construction of the proposed Domunli Gas Project.
According to the farmers, not until compensations are paid on…
Ghana imports $1.5b oil products first-five months of 2012
Oil imports into Ghana reached $1.5 billion in the first five months of 2012, according to the Bank of Ghana (BoG).
Oil imports in the same period of 2011 were $1.2 billion, the central bank said in a press release June 13, 2012.
Out of…
Oil countries give Africa $60m to boost socio-economic development
Six African countries will receive a total loan and grants of $60.9 million from the Organization of Petroleum Exporting Countries (OPEC) in order to expand their socio-economic development frontiers.
OPEC’s Fund for International…
Ghana considering new policy to regulate gas cylinders
The National Petroleum Authority (NPA) of Ghana is considering a policy to remove old and defective gas cylinders from the system to avoid gas explosions and maintain safety at homes and public areas.
The Director for Pricing, Planning and…
Ghana’s success in oil industry to be measured by level of poverty reduction – GHEITI
Ghana’s success in the Oil and Gas Industry would be measured by the level of poverty reduction and the provision of jobs and infrastructure development in the country.
Mr Franklin Ashiadey, National Coordinator of the Ghana Extractive…
Ghana, Kosmos Energy start capacity building initiatives in oil industry
Kosmos Energy in collaboration with Ministry of Environment, Science and Technology (MEST), is conducting an International Maritime Organisation (IMO) course for selected governmental, industry and community stakeholders in Accra and…
Ignore IMF on fuel subsidy removal – TUC tells government
The Ghana Trades Union Congress (GTUC) has said it will not countenance any policy that will further worsen the economic situation of Ghanaian workers and their families.
It called government to ignore pressure from the International…
Trinidad & Tobago to assist Ghana chamber to take advantage of local content in oil industry
The Sekondi-Takoradi Regional Chamber of Commerce and Industry (STRCCI) is establishing links with the Energy Chamber of Commerce of Trinidad and Tobago to enable it assist its members to take advantage of the Oil and Gas Local Content Bill…
Tullow finds quality light oil offshore Ivory Coast
Tullow Oil says June 7, 2012 that its Paon-1X exploration well has discovered good quality light oil in Ivory Coast.
Paon-1X is the first deepwater exploration well drilled in the CI-103 licence and has encountered 31 metres of net oil pay…
Government asked to allocate portions of oil revenue to NHIA
Participants at the first public meeting on the management of petroleum revenue, held in Takoradi in the Western Region, have called on Government to allocate portion of revenue accruing from oil to the National Health Insurance Authority…