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Oil & Gas

Group calls on banks to stop funding Kosmos Energy

A group calling itself the Western Sahara Resource Watch (WSRW) says it has asked international banks to stop further funding of Texas-based energy company, Kosmos Energy. According to the group their action is in reaction to Kosmos…

Prof. Adei says Ghana can collaterise oil revenue

The former Rector of the Ghana Institute of Management and Public Administration (GIMPA), Professor Stepben Adei, has added his voice to the ongoing debate on whether to collateralise the oil revenue or not and said it was in the national…

Group supports use of oil money as loan collateral

The People's Independent Movement (PIM), a political group, on Tuesday declared support for the use of oil money as collateral for government loans. A statement signed by Nana Addo-Aikins, the Spokesperson of the group, said that the law…