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• No Oil In 2057

  African governments have been advised to develop other alternative sources of energy especially the bio-diesel industries. Global oil reserves are anticipated to last for the next 50 years, according to a report by the Africa Refiners Association (ARA... Posted Jan 16 2008, 03:10 PM by ghanazone with | with no comments Filed under: headline, Oil

• Ghana To Strike Third Oil

  PROF MICHAEL Aaron Oquaye, former Energy Minister and one of the aspirants in the New Patriotic Party (NPP) flagbearership race has hinted that the country is at the verge of striking her third oil this year. The Dome-Kwabenya MP, who incidentally is... Posted Dec 12 2007, 09:12 AM by ogblay with | with no comments Filed under: Energy, Michael aaron oquaye, Oil

• Ghana’s Oil Attracts Norway

  GHANA’S DISCOVERY of oil at Cape Three Points in the Western Region has started attracting foreign companies in the oil industry. The latest to arrive in the country is a Norwegian oil company, Aker Kvaerner. Martinus Brandal, President and Chief Executive... Posted Dec 05 2007, 12:56 PM by ghanazone with | with no comments Filed under: headline, Oil

• Nine Express Interest In Oil Exploration

  There will be increased activities of oil drilling in Ghana by nine oil companies next year following the projected investment of more than $430 million by these companies. The companies are Afren and Celtique, a French and English company; Oranto Energy... Posted Nov 30 2007, 09:46 AM by ogblay with | with no comments Filed under: Oil

• Reduce Tariffs On Crude Oil Or Provide Subsidy - Ministry

  The Ministry of Finance and Economic Planning is presenting two options for the consideration of Cabinet on how to minimise the impact of world-wide increases in crude oil prices on the Ghanaian consumer. Speaking exclusively to the Daily Graphic in Accra... Posted Nov 27 2007, 10:22 AM by ogblay with | with no comments Filed under: Daily Graphic, Oil

• Fuel prices increased again

  The prices of petroleum products have been increased. The prices have gone up between 7 and 8 per cent. The new prices which were set by the Oil Marketing Companies and approved by the National Petroleum Authority, were announced Friday morning, November... Posted Nov 24 2007, 12:43 AM by ghanazone with | with no comments Filed under: Oil

• Sahara Oil Invests $250m

  The recent oil discovery is expected to accelerate economic growth in Ghana as Sahara Group of Companies, one of the largest energy sector players in Africa, says it will in the next five years open filling or fuel stations in all the 166 districts of... Posted Nov 23 2007, 04:14 PM by ghanazone with | with no comments Filed under: headline, Oil

• Oil Prices Steady Above $97 A Barrel

  Crude oil prices were steady above $97 a barrel yesteday after failing to break above $100 as a U.S. weekly inventory report showed crude oil stocks rose at a key oil terminal. Light, sweet crude for January delivery rose 17 cents to $97.46 a barrel in... Posted Nov 23 2007, 03:45 PM by ghanazone with | with no comments Filed under: Oil

• New Fuel Prices This Week

  The National Petroleum Authority (NPA) might today or within the week announce new prices for petroleum products. According to a source at the NPA, external pressures from the soaring prices of crude oil on the world market would trigger the new price... Posted Nov 19 2007, 01:46 PM by ghanazone with | with no comments Filed under: Oil

• Gov’t Clarifies ADB Sale

  Government says it has not ruled out the possibility of selling some of its shares in the Agriculture Development Bank (ADB) on the Ghana Stock Exchange (GSE). According to Kwadwo Baah-Wiredu, Finance and Economic Planning Minister, who disclosed this... Posted Nov 19 2007, 01:43 PM by ghanazone with | with no comments Filed under: Stock Exchange, Oil

• Redundancy Packages For Premix Staff

  THE MINISTRY of Fisheries has reassured staff of the Premix Fuel Secretariat that it is preparing redundancy packages for them after the secretariat's dissolution. "There is no need for bitterness, insolent and belligerent behavior," said... Posted Nov 14 2007, 03:08 PM by ghanazone with | with no comments Filed under: Oil

• High Oil Prices Unjustifiable

  There is no fundamental justification for oil at $100 a barrel and OPEC member Nigeria is assuming that prices will not last at this level, oil minister Odein Ajumogobia said at the weekend. Mr Ajumogobia, who is heading to Riyadh next week to attend... Posted Nov 12 2007, 03:00 PM by ghanazone with | with no comments Filed under: Oil

• Ghana Seeks Oil Experience

  President John Agyekum Kufuor on Tuesday expressed the Government's determination to make sure that Ghana becomes adequately prepared and equipped with best practices for efficient management of the country's oil revenue. He said between now and... Posted Nov 07 2007, 03:19 PM by ghanazone with | with no comments Filed under: Energy, daily guide, Oil

• The oil must flow soon - Government

  Accra (Gh) – 06 November 2007 - The government wants oil explorer, Tullow Oil to begin production at its deepwater oil discovery by 2009, a year earlier than the company's latest estimate. "We are the government, we are going to sit with them... Posted Nov 06 2007, 02:18 PM by ghanazone with | with no comments Filed under: Energy, Oil