Accra, October 10, 2017//-The Vice President of Ghana, Dr. Mahamudu Bawumia, recently announced his government’s plans to restore fiscal sustainability in the country. The current proposal calls for a fiscal deficit target of 3 to 5 percent from 2018 onward.
Category: Oil & Gas
Sonangol and Oil Operators Meet President of Angola
Luanda, Angola, October 9, 2017//-Sonangol EP, along with several oil operators, attended a meeting today convened by the President of Angola, João Lourenço.
Update: Gas Explosion Death Toll Now Stands at 7, 132 Injured
Accra, October 8, 2017//-Figures from hospital emergency centres indicated that the death toll from the Atomic Junction gas explosions has risen from one to seven today.
Ghana: One Confirmed Dead, 10 Injured in Accra Gas Explosion
Accra, October 7, 2017//-10 people have been injured and one person confirmed dead as a results of gas explosion that rocked two fuel stations at Atomic Junction in Accra Saturday night.
Ghanaians Secure $1 Billion Oil Contracts in Five Years
October 6, 2017//-Ghanaians secured one billion dollars in contracts from the country’s oil and gas industry between 2010 and 2015, the Ghana National Petroleum Company has revealed.
Driving Made Fun as Shell Launches New App
Accra, October 5, 2017– Vivo Energy Ghana, the exclusive licensee of Shell branded products has once again reinforced itsleadership in innovation by launching onto the Ghanaian market, a new App for motorists with the most exciting and extensive features in the oil marketing industry.
Escaping the Economic Trap of Lower Oil Prices: African National Oil Companies Need to Wake Up
Johannesburg, South Africa, October , 2017//-National oil companies (NOCs) across Africa have an enormous opportunity to secure a more sustainable future by transforming into “national energy companies” (‘NECs’), escaping the economic trap of a lower oil price and embracing the disruptive forces unleashed by climate change and a low carbon world.
Ghana: Shell Offers Convenience to Motorists, Introduces Motorist App
Accra, October 4, 2017//-Vivo Energy Ghana Limited, the exclusive distributors and marketers of Shell branded products and services has introduced another innovative service dubbed ‘Shell Motorist App’ into the country’s downstream petroleum industry.
How to Expand Nigeria’s Debt Capital Market
October 3, 2017//-Participants at the 2017 Nigerian Debt Capital Markets Conference and Awards, organised by the FMDQ OTC Securities Exchange in Lagos, at the weekend, have urged Federal Government-owned firms companies to issue bonds for infrastructure project in order to expand the nation’s debt capital market.
Nigeria Seeks Revenues Beyond Oil
October 2, 2017//-Nigeria is Africa’s most populous country and the continent’s second largest economy. But amid tumbling oil prices Nigeria slipped into recession last year. Trade with Germany has also slumped.