Kosmos Innovation Centre spends $6m on agribusiness, launches new challenge

The Kosmos Innovation Centre Programme funded by Kosmos Energy has spent about $6.0m as investment into its agritech challenge to support agribusinesses. This according to the Director, Benjamin Gyan-Kesse, is…

Eni Ghana and partners donate to Ghana Health Service

Eni Ghana and its partners, Vitol Upstream Ghana Ltd and Ghana National Petroleum Corporation (GNPC), in the OCTP project, have delivered 66 Laptops and 20 TV screens to the Ghana…

Ten years of protecting oil cash, the PIAC story

The Public Interest and Accountability Committee (PIAC), the oil revenue watchdog, in its pursuit of its mandate has embarked on various programs and activities since it inception, 10 years ago.…

African Energy Transition remains Key Focus at African Energy Week 2021

The promotion of renewable developments, the value of private participation and the role of natural gas remain key discussion points at AEW 2021. Africa’s energy transition, motivated by the need…

We are committed to Ghana’s local content policy – Tullow Oil Group CEO

The Chief Executive Officer (CEO) of Tullow Oil Group, Rahul Dhir has given a firm assurance of the Group’s full commitment to Ghana’s local content policy. According to the visiting…

Over decade after first oil: Maximising the benefits

The discovery of oil in commercial quantities was welcomed with joy and hope for a better future in 2007.There were numerous workshops to make sure Ghana could learn from other’s…

Analyst wants upfront payments by oil companies reduced

The Institute for Energy Security (IES) has urged government to review the upfront payment of up to US$7m that the country takes from oil companies as technology transfer and training…

Tullow Oil raises hedging to 75% of output for two years

Tullow Oil had previously hedged around 60% of its output one year into the future and 30% in the second yearAfrica-focused Tullow Oil said on Wednesday it was increasing the volume of…

Vitol boss warns of oil supply ‘gap’ in 2025-2035 as upstream spending ebbs

HIGHLIGHTSGlobal oil demand seen peaking around 2030Vitol interested in more upstream assets as majors exit oilTrafigura CEO sees future price pressure from supply gapThe world faces a potential global oil…

Tullow Oil & partners to pump US$4.2 billion into Jubilee and TEN fields

• Tullow Oil & partners are set to invest an additional US$4.2 billion in Jubilee and TEN fields • Tullow Oil CEO said data indicate that production at the two…
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