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Oil & Gas
Veep urges public-private partnership in oil and gas industry
Vice President John Dramani Mahama on Tuesday said public private partnership was critical in mobilising financial resources for the development of the emerging oil and gas industry.
Addressing the opening session of the Third Ghana…
Oil fund for Africa has no money
A proposed oil fund, the Africa Petroleum Fund, established to support non-oil exporting African countries is empty because member states of the African Union (AU) are reluctant to make contributions into the fund. Since its inception in…
Ghana, Nigeria, others meet to discuss gas market for regional development
A two-day forum aimed at providing a platform for decision-makers to discuss gas market development opportunities, challenges as well as solutions would be opened on Wednesday in Accra.
The forum would also offer stakeholders in the…
Government should institute alternative livelihoods for oil find communities – Economist
An Economic Consultant, Mr Abdallah Ali-Nakyea, on Saturday called on the Government to institute alternative livelihood support projects for the local communities in the oil find areas to avoid chaotic situations in future.
He said the…
Ghana to build $200m storage terminal for gas, petroleum products
State-owned Bulk Oil Storage and Transportation (BOST) Company Limited will start constructing a $200 million facility that would store Liquified Petroleum Gas (LPG) and other petroleum products.
The terminal, which will be financed with…
Tullow finds quality oil at Enyenra-4A appraisal well offshore Ghana
Tullow Oil Plc has encountered oil in very good quality sandstone reservoirs at the Enyenra-4A appraisal well in the Deepwater Tano licence offshore Ghana, the company said in a statement today March 16, 2012.
According to Tullow, the…
Players happy so far with Ghana’s oil and gas industry performance
The General Transport, Petroleum and Chemical Workers’ Union (GTPCWU), has expressed satisfaction over the performance of the nascent Oil and Gas industry in Ghana.
Mr E.A. Mensah, General Secretary of the GTPCWU, said so far things were…
Ghana develops local content, participation policy framework in petroleum sector
The Ministry of Energy has developed a policy framework on Local Content and Local Participation in Petroleum related activities approved by Cabinet and awaiting legislation.
Dr Joe Oteng Adjei, the sector minister, announced this in a…
Ghana, Ivory Coast won’t go to war over maritime border dispute – Akufo-Addo
Nana Akufo-Addo, flag bearer of Ghana’s main opposition party - the New Patriotic Party is confident that Ghana and Ivory Coast will not be at war over the ‘disputed’ maritime border between the two neighbouring countries.
The disputed…
Ghana’s Jubilee oil field produces 30 million barrels of oil in 2011
The largest oil field in Ghana, the Jubilee oil field has produced 30 million barrels of oil in 2011, according to Tullow Oil, the lead operator in the field.
The company states in its financial records for 2011 that "30 cargoes have been…