oil revenue

News

Govt Charged To Refund Over $3m Spent On Maritime Dispute To GNPC

The decade-long maritime dispute between Ghana and Cote d’Ivoire which was finally settled on September 23, 2017 cost...

News

Coastal Communities Needs More Support

The paramount chief of the Lower Dixcove Traditional Area in the Western Region Nana Kwesi Agyemang IX who is also the...

News

Procurement Delays Impeding New Oil Explorations – GNPC CEO

The Ghana National Petroleum Corporation, GNPC, has appealed to President Akufo Addo to intervene and grant the...

News

We Will Manage Oil Revenue To Benefit All – Nana Addo

President Akufo Addo has committed to the efficient use of Ghana’s oil revenue to give value for money and protect...

News

Ten Years After Commercial Discovery of Oil In Ghana

Ten years ago this month when the announcement of commercial discovery of crude oil in Ghana was made, the price of a...

News

Oil Revenue Not Understated — GNPC

The Ghana National Petroleum Company (GNPC) has denied allegations made by the Public Interest and Accountability...

Headlines

‘Trump Factor’ Seen In Naming of New Saudi Crown Prince

Closer ties between Saudi Arabia and US President Donald Trump's administration helped pave the way for a succession...

Headlines

Gulf States Prepare For VAT In Time of Crisis

Oil-rich Gulf countries, which for decades have attracted millions of foreign workers thanks to their reputation as...

News

ACEP Opposes Hedging, Wants Stabilization Fund Fortified

The African Center for Energy Policy (ACEP) has opposed calls for Ghana to hedge its oil against global price...

Headlines

Price of Saudi Cigarettes Doubles As First Tax Hits

The price of a pack of cigarettes doubled for Saudi Arabian smokers on Sunday under first-time tax measures to help the...

Business

Demand Accountability On Oil Revenue – ACEP To Ghanaians

The African Centre for Energy Policy (ACEP), an energy-focused think - tank has called on Ghanaians to demand...

News

PIAC Questions Quality of Work Funded With Oil Revenue

The Public Interest and Accountability Committee (PIAC) has expressed disappointment over the poor execution of some...

Headlines

Saudi Deficit Plunges After Cuts, Oil Revenue Surge

Saudi Arabia's budget deficit dropped by 71 percent in the first quarter of the year, the government said Thursday,...

Headlines

Saudi Budget Deficit Drops 71 Pct In Q1

Saudi Arabia's budget deficit fell by 71 percent in the first quarter of this year, the finance minister said on...

News

Will the 2017 ‘Asempa’ Budget Bear Fruits?

The Akufo-Addo government on March 2 presented its 2017 Budget and Economic Policy statement dubbed the Asempa Budget...

Headlines

Top Saudi Royal Rules Out Rapprochement With Iran

A powerful Saudi royal said Tuesday that there could be no rapprochement between his country and Iran, which he said...

Business

BoG Clarifies Position On Bauxite Exports

The Central Bank has reacted to recent media reports which suggested that proceeds from Ghana’s bauxite exports in...

Business

Economy Sinks To 22-Year Low; Grows By Only 3.5% In 2016

The country’s economy last year grew by 3.5 percent, the lowest rate in the past 22 years and the fifth consecutive...

News

A Decade After Oil Discovery! The Bold Steps, the Mistakes, the Lessons, and the Future

A decade after oil discovery! The bold steps, the mistakes, the lessons, and the future When Ghana discovered...