The President of the Republic, Nana Addo Dankwa Akufo-Addo, has reiterated the commitment of his government to the exploration and discovery of oil in commercial quantities onshore, specifically in...
The Minority Caucus in Parliament has hinted that it will soon head to the Supreme Court (SC) to seek clarification on the $2.25billion bond issued by Finance Minister Ken Ofori-Atta which did not...
Ghana’s B3 credit rating and stable outlook reflects its strong economic growth outlook and reduction in external imbalances, set against challenges which include a significant fiscal overrun in...
The Minority side in Parliament is alleging that the governing New Patriotic Party (NPP) is planning to raise a bond of $2.4 billion bond using the energy sector levy as collateral for a period of 15...
US President Donald Trump on Thursday strongly defended his decision to pull out of the Paris climate accord, declaring himself "proud" of the move. "In order to protect American jobs, companies and...
Government has announced the construction of an onshore natural gas transmission pipeline from Takoradi in the Western region to Tema in the Greater Accra region to transmit natural gas to power...
The country is on track to receive some $116 million from the International Monetary Fund (IMF) in July to support its import and export activities. This would happen after the IMF board meets in...
A delegation of Ghanaian government officials led by the Senior Minister, Samuel Yaw Osafo-Maafo on June 25, 2017, visited Jereh Group Headquarters at Yantai in China for a Strategic Cooperation...
A three-day validation workshop for Economic Community and West African States directive on gender and energy assessment opened in Accra on Monday. The objective of the workshop is to ensure that...
The Ghana National Gas Company has dismissed reports suggesting that it is unable to account for some $47.4 million accrued from the sale of raw gas to the Ghana National Petroleum Company (GNPC)....
Government has appointed Fidelity Bank and Standard Chartered Bank as Joint Lead Managers for the issuance of a long-term bond to tackle the energy sector legacy debts. As lead managers, the two...
The Public Interest and Accountability Committee (PIAC) has warned that the troubles confronting Ghana’s energy sector may deepen soon if the huge debts in the sector are not settled. PIAC argues...
Government has appointed Fidelity Bank and Standard Chartered Bank as joint lead Managers for the issuance of an Energy Sector Levy Act (ESLA) backed Bond to the tune of about GH¢10 billion. The...
Turkey is keen to support its close ally Qatar in a diplomatic crisis with Doha's Gulf neighbours, but has found itself with little room to manoeuvre given its ties with Riyadh, analysts say. "This...
Qatar has called its tanks into action and warned neighbours that it will open fire on any ships that come into its waters. The country's military has been put on its highest alert level after an...
Efforts to resolve a diplomatic dispute pitting Saudi Arabia and its allies against Qatar intensified Thursday, after Washington offered to mediate the biggest crisis to grip the Gulf in years. As...
Mr Boakye Agyarko, Minister of Energy has reiterated government's commitment towards the Ghana Millennium Challenge Compact II programme, particularly with regard to the Private Sector Participation...
New disruptive technologies are changing the way energy generation and distribution is understood and funded in Africa. These changes have profound implications, far beyond the energy sector. African...
Turkey's parliament will debate on Wednesday a bill that would allow its troops to be deployed to a Turkish base in Qatar, following a bitter feud between Doha and its neighbours in the Gulf. The...
Fears of investor fright, caused by the controversy surrounding the recent US$ 2.25 billion bond, may hamper the GH¢10 billion bond that the government intends to issue next year to repay the energy...
