…as Gov’t Wants Stake in New Entity Accra, September 11, 2017//-The Airtel, Tigo merger talks, which has been ongoing for about a year now, is in danger of being scuttled by government’s demand of a stake in the new entity to be created from the merger.
Accra, July 7, 2017//-Ghana is eyeing the exploration and discovery of more oil in commercial quantities onshore, particularly in the resource rich Voltaian Basin which is an asymmetrical inland basin covering about 40% of Ghana’s continental landmass.
Fresh information reaching Adom News indicate the Local Content Coordinator at the Ministry of Energy under the previous government, Afua Amissah asked two Tullow Oil officials to move items from Enterprise Development Centre (EDC) to the warehouse of Rigworld, a private company in Takoradi in Western Region.
When Ghana National Petroleum Corporation (GNPC) presented its handing-over notes to the transition team in December 2016, it failed to mention anything about the Enterprise Development Centre (EDC), a US$5 million public-private partnership (PPP) project in Takoradi in the Western Region.
Ghana’s Minority in Parliament, once again, chastised the management of the Ghana National Petroleum Corporation (GNPC) for what they said was profligate expenditure.
Developments in both the domestic and global economic environment have forced Ghana’s government to slash key macroeconomic framework and targets in its 2015 budget.
The Commercial Court in Accra Wednesday dismissed an injunction application that sought to restrain the Ghana National Petroleum Corporation (GNPC) from accessing a $700 million loan facility.
GHANA’S government has given Italian energy firm Eni the final green light to develop gas resources in the Offshore Cape Three Points block. The company is expected to begin production in 2017, it said on Monday.
ENERGY think-tank, the African Centre for Energy Policy (ACEP) has welcomed the announcement of the takeover of the Ghana National Gas Company by the Ghana National Petroleum Corporation (GNPC).
GHANA has received a total of US$780.07 million (GHȻ2,139.12 million) in revenues from oil receipts at the third quarter of this year, the Minister of Finance, Set Terkper has announced.
