Environmental issues and events related to oil produced in Ghana
Todd Moss of the Center for Global Development presents a very modest proposal aimed at giving every Ghanaian a stake in the soon-to-start oil industry. His idea is presented in the form of a memo. To: President John Atta Mills, Republic of Ghana From: Todd Moss, Center for Global Development, Washington DC Your country...
ACCRA, 4 February 2010 (IRIN) – Ghana needs to do more to ensure that revenue from oil production, due to start later in the year, successfully reduces poverty and avoids a “resource curse”, according to civil society leaders worried that safeguards are either inadequate or absent. Oil revenue is expected to add up to US$1...
Accra, Feb. 4, GNA – The United States said on Tuesday it was encouraged by the commitment of Ghana to use resources from the emerging oil industry for development and poverty reduction and urged the government to stay on course. “The Ghanaian government and the relevant authorities have shown the commitment to ensuring that the country...
The recent whirl of controversies surrounding Kosmos’s shares and that of the EO group in Ghana’s oil fields has attracted some concerns from industry players, who are of the opinion that protracting the issue could spell dire consequences for investment flows into the country’s oil sector.
By Stephen Yeboah Ghana’s oil find has brought in its wake, growing expectations where the youth in farming, fishing and diverse fields are strongly awaiting their share of the impending wealth-generating potential of the “black gold”. The oil fever was even stoked during the 31st December watch-night services in various places to usher in...
Credit: Ghana News Agency Accra, Jan. 27, GNA – Dr Richard Darko Osei, a Senior Research Fellow, has called for judicious use of the country’s oil resources to promote a diversified economy where the revenue collected would benefit both the present and future generations. He said the lack of information often left the citizenry...
The government is to set up an Oil and Gas Business Development and Local Content Fund to support local capacity development to ensure that majority of the manpower in the sub-sector is Ghanaians. The fund will be used primarily for education, training and research and development in the oil and gas upstream sub-sector, the...
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