Issues and events related to the business of oil as it affects gender in Ghana.
Graphic Editorial – A NATURAL resource is very often seen or regarded as a God-given material which, when exploited, should ordinarily contribute to increasing the stock of wealth of society and thereby help uplift the quality of life of many members of society. While this may hold true in a good number of cases, the...
The government of Ghana has indicated that it is drawing serious lessons from the on-going Gulf of Mexico oil leak by the British oil giant, BP. The oil leak has been described by environmental experts as the worst in history. Speaking to the Daily Graphic, a Deputy Minister for Information, Mr. Samuel Okudzeto Ablakwa, said the...
Ghana has to be extremely careful in managing its oil and gas resources, making sure it does not turn into a curse, warns Professor George Ayittey, President, Free Africa Foundation, Washington DC. “It is good that we’ve discovered oil in Ghana, but the most critically important issue is how we manage that resource,” said...
Would Ghana get it right where so many in Africa have gotten it wrong? What if Ghana’s oil fuels corruption rather than development, and creates the same combustible mix of great wealth, extreme poverty, grievances and instability as it has in other African countries? Writes Ben Ofosu-Appiah
Cabinet has approved the policy framework for local content and local participation in petroleum activities. The policy is to be developed into legislation to ensure that Ghanaians derive maximum benefits for Ghana’s oil find. The Deputy Minister for Energy, Hon. Emmanuel Armah-Kofi Buah, disclosed this at a forum dubbed “Roadshow on local content” in...
Ghana is to enter into a deal with Equatorial Guinea for the supply of one million barrels of high quality-crude oil annually. In furtherance of this, President John Evans Atta Mills is in that country to sign an agreement with President Theodore Nguema Mbasogo. The signing of the accord marks the end of months...
ACCRA, April 27 (Reuters) – Ivory Coast and Ghana will try to draw their maritime border amicably before seeking international arbitration, Ivory Coast Interior Minister Desire Tagro said on Tuesday ahead of a two-day meeting with his Ghanaian counterparts. Ivory Coast has for years sought to clarify the offshore border with its West African...
By Emmanuel K. Dogbevi – Economic experts and the central bank of Ghana are reviewing the country’s economic index following the expected commercial production of the country’s oil in December 2010. A deputy governor of the Bank of Ghana has said the country’s economy will see real GDP growth of above 20% in 2011...
By Godwin-Xavier Ayeebo – It is great news that Ghana has been blessed with oil and it is a joy that it was found in the Western Region. The region that has vast area of natural forest for timber, the region that produces the largest cocoa for Ghana, the region that has bauxite, the...
Ghana is yet to come out with a law requiring oil exploration firms operating in the country to use local content. The local content policy refers to the level of local expertise and businesses among others, participating in the country’s oil and gas industry. Reuters reported last week that Nigeria’s acting president signed into...
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