Accra, November 27, 2017//-Oil and Gas, generally termed as petroleum is an exhaustible natural resource which has a positive marginal scarcity rent.
Category: Oil & Gas
UAE Trade with Africa Rockets
November 23, 2017//-The United Arab Emirates (UAE) has always had strong ties with Africa. Given that about 65% of all Arabs are also Africans, it is no surprise that there is a close relationship between the two.
5 Countries Have So Far Graduated from LDC status
November 23, 2017//-The Committee for Development Policy (CDP), a group of independent experts reporting to the United Nations Economic and Social Council (ECOSOC) says that five countries have so far graduated from the Least Developed Country (LDC) status to developing countries.
20 Individuals and Companies Shortlisted for Ghana Energy Awards
Accra, November 21, 2017//-The Ghana Energy Awards Committee has shortlisted nominees for the maiden national awards in the energy sector.
Court Process Identifies Nigerian Who Helped Diezani Acquire UK Assets
UK-based property firm Daniel Ford, said to belong to Nigerian-born Adeyemi Edun, has been identified in court processes filed in the US state of Texas as the estate agency that helped former Petroleum Minister, Diezani Alison-Madueke, to acquire properties worth millions of pounds in the UK, reports This is Money, a UK financial website.
Ghana: First West Africa Offshore Training Centre Inaugurated
November 17, 2017//-The Acting Chief Executive Officer of Petroleum Commission, Egbert Faibille Jnr, has said as a first step to enhance the capacity of Ghanaians in the oil and gas operations, it is important to reduce expenditure by indigenising training and minimizing overseas training.
Why Africa is Still the Next Frontier?
Accra, November 16, 2017//-Despite a number of challenges facing the African region, it still offers new areas of growth. Although Africa’s energy sector has been exposed to oil price shocks, the sector remains a major lucrative area in the region (mainly coal, oil and natural gas).
Ghana: Fuel Prices Go Up
Accra, November 16, 2017//-Prices from the trading indexes across most importers are likely to push pump prices on both products up by between 3-10% depending on the Oil Marketing Company (OMC) and other market variables.
Vivo Energy Ghana Embarks on Annual Shell Customer Contact Day
Accra, November 16, 2017//-The management and staff of Vivo Energy Ghana have embarked on their annual Shell Customer Contact Day to thank customers for their loyalty and patronage with a number of giveaways and to solicit their feedback.
Ghana’s Petroleum Proceeds Up to US$362.6 million
Ghana’s total petroleum receipts from liftings and other petroleum receipts as at September 2017 increased to US$362.6 million (GHȻ1,552.1million), compared with the receipts of US$172.9 million (GHȻ671.5 million) for the same period in 2016.