oil field
Russia To Decide In April-May If Global Oil Deal Should Be Extended
File image, A view shows an oil derrick and other facilities at Vankorskoye oil field Russia will decided in April or...
Gov’t Inherits Budget Deficit of Around 10%
Government says it has inherited a budget deficit of around 10 percent of economic output, Finance Minister Ken...
We’ll Have Enough Gas To End ‘dumsor’
Ample measures have been put in place to ensure that the power crisis is permanently curtailed, outgoing Finance...
Sankofa Gye-Nyame FPSO To Be Named After Kufuor
The Floating, Production, Storage and Offloading (FPSO) vessel that will be used on Ghana's third oil and gas field...
Six Years of Oil In the Eyes of Labour
In the eyes of the operators of Jubilee oil field, it was a record time of development from discovery to first oil...
Six Years of Oil In the Eyes of Oil’s Staff
In the eyes of the operators of Jubilee oil field, it was a record time of development from discovery to first oil...
World Bank Pumps $517m Into Sankofa Oil & Gas Project
The World Bank Group has provided another $517 million to Ghana in debt and guarantees to support the $7.7 billion...
Oil Sector Experiences Shock
The decline in crude oil prices on the world market has gravely affected the country’s oil sector, which is likely to...
Gov’t Targets 8% Growth Rate Next Year
President John Mahama has once again assured the nation that the economy will recover after it increased revenues and...
Future of Ghana’s Oil and Gas Industry Promising – Prof Akabzaa
Professor Thomas Akabzaa, Chief Direct of the Petroleum Ministry, has given an upbeat assessment of the nation’s oil...
Ghana’s Oil and Gas Future Extolled
Chief Director of the Petroleum Ministry, Professor Thomas Akabzaa, has given an upbeat assessment of the nation’s...
Terkper Hunts For US$2bn From China
The government has revived talks with the China Development Bank (CDB) for the remainder of the almost US$2 billion...
Gov’t Negotiates To Access Remaining US$3bn Chinese Loan
Government is in strategic negotiations with Chinese authorities to access the remainder of the US$3 billion loan for...
Jubilee Field Will Be Main Driver of Growth 2017 – Terkper
Finance Minister, Seth Terkper, has disclosed that the main propeller of growth next year will be the oil and gas...
Vilified Yet Effective
In an election year, many expected Ghana’s economy to completely wither; past events have shown that the power and...
How Hillary Clinton’s State Department Fought for Ghana’s Oil
In 2009, Kosmos Energy, a small oil exploration company in Texas, wished to cash in on its discovery of an oil field...
Tullow Insured For Business Interruption Losses In Ghana
Insurance will cover the loss of production and claims regarding the interruption of business at one of West Africa's...
Moody’s Changes Ghana’s Creditworthiness From Negative To Stable
Moody’s Investors Service (“Moody’s”) has affirmed the Government of Ghana’s issuer and senior unsecured...
Moody’s Reviews Ghana’s Issuer Outlook From ‘negative’ To ‘stable’
Rating agency, Moody’s has reviewed Ghana’s issuer outlook from negative to stable, maintaining the rating at B3....