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Browsing Category
Oil & Gas
Mills steers wheel to initiate flow of Ghana’s Jubilee Oil
President John Evans Atta Mills on Wednesday symbolically steered the wheel on the control device of the Floating Production Storage and Off-loading vessel (FPSO) Kwame Nkrumah to initiate the flow of Ghana’s Jubilee Oil.
The Jubilee Oil…
Ghana government, Kosmos Energy resolve issues
Ghana has more to celebrate for its oil find following the amicable resolution of differences between the government and Kosmos Energy, one of the partners in the Jubilee Oilfield.
According to the Minister of Energy, Dr Joe Oteng-Agyei,…
Civil society to contest Ghana oil bill
The Civil Society Platform on Oil and Gas says it will seek a review of the amendments to the Petroleum Revenue Management Bill that allows the government to use about 70 per cent of the country's oil revenue as collateral.
The Platform…
As Ghana pumps first oil country has no petroleum law
Today Wednesday December 15, 2010 Ghana makes history as the country joins the world’s oil producers.
The country will officially pump its first commercial oil from the largest oil field in West Africa, the Jubilee field. And Tullow Oil…
Government will take precautionary measures in oil exploitation – Vice President
Vice President John Dramani Mahama on Tuesday reassured Ghanaians that government would implement all necessary precautionary measures that would help avoid the mistakes of other oil rich countries.
“We started learning from other…
Oil contributes over $550m of $1.3b FDI in Ghana
In less than 24 hours, Wednesday December 15, 2010 Ghana would pump its first oil in commercial quantities from the Jubilee oil fields and the country will become one of the world’s producers of oil.
The Jubilee oil field is the largest to…
CHROG sensitizes communities on oil and gas issues
The Coalition on Human Rights, Oil and Gas (CHROG) has undertaken community sensitization and education on human rights implications of oil and gas exploration and production in six districts of the Western Region.
Dr Steve Manteaw,…
3,000 people listed for training in oil industry
The Management Development and Productivity Institute under the Ministry of Employment and Social Welfare has developed a training course in oil and gas to meet the demands of the emerging oil and gas industry in Ghana.
Mr Enoch Teye…
Parliament amends Clause 5 to collateralize Ghana’s oil
Parliament has amended the Clause 5 of the Petroleum Management Bill to allow Ghana to collateralize the country’s oil revenue.
Information reaching ghanabusinessnews.com from the floor of Parliament says the amendment was done today…
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…