Ghana | Egypt Oil & Gas - Part 8
Ghana Pays $10m to Nigeria to Avoid Gas Supply Cut
The Ghanaian government has settled part of its debt to the West African Gas Pipeline Company (WAPCo) and Nigeria Gas Association, NGA, following the first round of talks with the Nigerian authorities. Nigeria said re...
Ghana Revamping Oil and Gas Sector to Up Production
Ghana’s Minister of Energy and Petroleum, Emmanuel Armah-Kofi Buah, said his country would relentlessly grow its oil reserves in order to ramp up and sustain oil and gas production, reported the Ghana Business N...
Nigeria Threatens to Cut Ghana Gas Supply Due to Debts
A Ghanaian government delegation is holding emergency talks in Nigeria to avert a drastic gas supply cut that has been threatened, a government spokesman said, thus avoiding a potential political crisis, Voice of Amer...
Ghana Sending Contradictory Signals Over Oil Prices and Investments
According to Bloomberg Ghana is taking steps to avoid missing its fiscal deficit target this year thanks to pressure from falling oil prices. The government announced that it had lowered its growth forecast for this y...
IMF Calls on Africa to Cut Fuel Subsidies, Diversify, Exert Fiscal Discipline in Low Oil Price Era
David Robinson, the IMF vice-director, has called on the African nations to adopt a package of policies to better ride out the ill-effects of the collapse of oil prices, reported NAIJ.com. These policies include budge...
South Africa Boosting Local Petroleum Sector, Balancing Ghana Relations
There has been a flurry of petroleum actively recently in South Africa. There was a Business Seminar on opportunities in the petroleum industry retail sector organized by the country’s Department of Energy, repo...
Ghana and Suriname Offshore Blocks Progressing
Tullow Oil says its three-field TEN development project offshore Ghana is around 65% complete and on schedule for first oil in mid-2016. Highlights during the first half of this year include running two well completio... Ghana Economy Reels from Low Oil Prices
Oil has gone from savior to curse for Ghana. When the West African nation shipped its first barrels of crude oil in 2010, then-president John Atta Mills pledged to build new roads and a deep-sea port, expand the power...
