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Oil & Gas

Ghana’s oil find should wean it from dependency – EU

The European Union (EU) Delegation in Ghana on Tuesday said if Ghana’s oil find was well developed, the country would be able to wean itself from its dependency on donor funding by 2020. Mr Claude Maerten, Ambassador and Head of Delegation, added that if the current political and economic stability …

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T&T Energy Minister meets government officials

Mrs Carolyn Seepersad-Bachan, Minister of Energy and Energy Affairs of Trinidad and Tobago, has ended a three-day visit to Ghana during which she discussed Ghana’s Gas Infrastructure Development Project with Mr Joe Oteng-Adjei, Minister of Energy, and several senior other government officials. A release issued to the Ghana News Agency …

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US Justice Dept. declines bribery enforcement action against Kosmos in Ghana

The United States Department of Justice says it will not enforce action for bribery against Kosmos Energy for the oil producer’s conduct in Ghana, the Wall Street Journal reports citing a letter from the Department. According to the publication, Texas-based Kosmos Energy which has a stake in Ghana’s largest oil …

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Government handling of oil sector fair

The government has been graded average for its oversight, management and administration of the country’s oil sector. Parliament, the county’s donor partners, oil and gas companies and civil society organizations (CSOs) also received an overall grade of fair, that is, a “C”. The grading was done by the Ghana Civil …

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National gas development taskforce presents report to President

The National Gas Development Taskforce established by President John Evans Atta Mills to review and make appropriate recommendations for the speedy realization of a national gas commercialization infrastructure system, has presented its final report and recommendations to the President at the Osu Castle on Wednesday. A statement signed by Mr …

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Ghana Oil Company Limited holds strategic meeting on June 23

Ghana Oil Company Limited (GOIL) on Thursday fixed its 42nd Annual General Meeting to June 23 to deliberate on strategic initiatives that should be embarked upon to re-brand the traditional oil giant in the country. In a goodwill message to shareholders on the eve of the Easter festivities, Mr Yaw …

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