10 Years of Oil In Ghana; the Story So Far

It’s been 10 years since Ghana discovered marketable quantities of oil in 2007. We have had our highs and lows. The ‘new’ industry required new regulatory frameworks. Whilst some were done, others could not, bringing some sort of ‘discomfort’ to government and the people in the industry. In this 30 minutes production supported by the … Read more

10 Years of Oil In Ghana; the Story So Far [Video]

It’s been 10 years since Ghana discovered marketable quantities of oil in 2007. We have had our highs and lows. The ‘new’ industry required new regulatory frameworks. Whilst some were done, others could not, bringing some sort of ‘discomfort’ to government and the people in the industry. In this 30 minutes production supported by the … Read more

Unplanned Spending Killing Ghana’s Economy – Expert

Experts have bemoaned the alarming rate of “unplanned spending” on the part of government, arguing the trend is contributing immensely to “fiscal indiscipline.” Speaking at a national dialogue on sustainable funding of the “Free SHS” policy in Accra, Mr. Samuel Bekoe of the Ghana Oil and Gas for Inclusive Growth (GOGIG) cautioned government to pull … Read more

Government Charged To Spend Oil Revenues Responsibly At All Times

Government has been charged to spend oil revenues responsibly at all times to enable it to mitigate the negative impact a slowdown in commodity prices may have on the economy as it is currently. This comes as most African countries like Ghana are said to the hardest-hit any time there are uncertainties of oil prices … Read more

Sue GNPC To Publish Audited Accounts

The head of Policy Unit at the Africa Centre for Energy Policy (ACEP), Dr. Ishmael Ackah is calling for a legal action that will force the Ghana National Petroleum Authority, GNPC to publish its audited accounts. He regretted that since its establishment in 1983, the National Oil Company published its audited report only once, in … Read more

Mismanagement of Ghana’s Resources Worrying

Outspoken Paramount Chief of Essikado Traditional Area, Nana Kobena Nketsia V, has questioned the quality of leadership in Ghana. He lamented the poor manner in which the country’s resources are being managed and the implications for the growth of the country. According to Nana Nketsia, the persistent mismanagement of Ghana’s resources paints a worrying picture … Read more