IES urges government to cede majority stake of TOR to private investors

 Government has been urged to cede majority of its stake in the Tema Oil Refinery to private investors•The move, Nana Amoasi VII believes will ensure the refinery is viable and…

Stay off FPSOs to avoid calamity: Petroleum Commission cautions Fishermen

Mr Egbert Faibille Jnr, Chief Executive Officer, Petroleum Commission, has advised fishermen to stay off safety zones earmarked within the offshore oil rigs to avoid calamity to their lives, properties,…

Ghana seeks $1.65 billion in loans for oil, gas assets

The Ghanaian government is seeking approval to secure up to USD 1.65 billion in loans as state-owned Ghana National Petroleum Corporation aims to acquire new assets to speed up exploitation…

Has The Oil Market Learned To Live With Covid?

After a few uncertain months, as OPEC oil cuts continued and Covid restrictions came back into place, oil demand for 2021 finally seems stable, with price and demand increases set…

Lift Ban On Power Purchase Agreements For Renewable Energy Boom In Ghana

Lifting the ban on renewable energy Power Purchase Agreements (PPAs) would be a major hurdle removed, to allow for the explosion of renewable energy projects and initiatives in Ghana, for…

GNPC Explorco goes for 70% and 37% stakes to control AGM, Aker blocks

Government has initiated the process to acquire 37% stake in Deep Water Tano Cape Three Points and 70% stake in the South Deepwater TanoGovernment through the Ghana National Petroleum Corporation (GNPC), has…

Eni delivered exceptional results in the second quarter of the year.

Eni delivered exceptional results in the second quarter of the year.That’s what the company’s chief executive officer, Claudio Descalzi, said in Eni’s latest results statement, adding that the figures continue…

Appeal Court rejects Eni-Vitol attempt to stay execution of judgement

The Court of Appeal (Civil Division) sitting in Accra has dismissed an application by Eni Ghana Exploration and Production Limited and Vitol Upstream Ghana Limited for stay of execution of…

Sankofa and Afina unitisation: Impasse unlikely to dampen investor confidence – IES

The ongoing tussle between Eni Ghana and Springfield Exploration regarding the unitisation of the Sankofa Field and Afina discovery will do little to sway investor appetite for the country’s oil…

Free Markets and an Enabling Environment: Ghana’s Petroleum Commission to Demonstrate How Pragmatic Regulation Drives Investment at African Energy Week in Cape Town

Egbert Faibille, CEO of the Petroleum Commission of Ghana, has confirmed his attendance and participation at African Energy Week (AEW) 2021, taking place in Cape Town on the 9th-12th of November. Confirmed…
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