Since 2020, there have been military coups in Burkina Faso, Mali, and Niger.
Potential spillover of conflicts to the coastal West African countries could endanger some oil projects and deter foreign investment.
The EU and US have promised support to Western African governments to counter the spillover of insecurity from the Sahel.
It is estimated that the total abandonment or decommissioning cost of Jubilee wells, subsea infrastructure, and FPSO in a fully developed Greater Jubilee will amount to approximately US$704 Million
One of Ghana’s biggest Oil Refineries, Sentuo Oil Refinery is not only creating employment opportunities in Ghana, but is determined to touch the lives of many through its Corporate Social Responsibility(CSR).
Ghana’s oil and gas sector boasts of over 600 million barrels of proven reserves, and is fast positioning itself as a magnet for foreign investors seeking to tap into its energy industry.
President Nana Akufo-Addo has indicated that the government’s gold-for-oil policy has significantly reduced pressure on forex.
Tullow has entered a partnership with Innohub, a leading enterprise support organisation, to empower small and medium-scale enterprises across Ghana’s agricultural value chain.
He said Ghana’s fuel specifications, which are set at a sulphur content of 50 parts per million (ppm) in fuel was the cleanest in the West African sub-region.
In a collaborative effort aimed at tackling the escalating Buruli ulcer and Neglected Tropical Diseases (NTDs) crisis, Pecan Energies Ltd has joined forces with the Buruli Ulcer Victim Aid (BUVA) Foundation to provide vital resources to the community of Duaponko in the Afigya Kwabre North district of the Ashanti region.
Ghana Gas Company Limited is expected to acquire Ghana Cylinder Manufacturing Company (GCMC) Limited by the end of the first quarter of 2024.
According to the Bank of Ghana (BoG), Ghana’s Petroleum Holding Fund (PHF) encountered both challenges and opportunities in 2023, reflecting the broader economic trends that influenced crude oil prices and revenue inflows.