Springfield E&P (SEP) and ENI Ghana Exploration Limited ( ENI) have been directed by government to commence immediate talks on unitization of the Afina and Sankofa fields offshore Ghana (operated by SEP and ENI respectively).
Based on technical evidence that the reservoir straddles both blocks, government directed in a letter...
The Ghana Cocoa Board (COCOBOD) has taken delivery of a set of items from a stakeholder in the cocoa sector in support of the fight against COVID-19, particularly in cocoa-growing communities in the country.
Barry Callebaut, a cocoa processing company located at Tema in the Greater Accra Region, has presented...
With no end in sight, companies need to consider and take all necessary actions to mitigate all associated risks
The compounding effects of the corona virus and oil industry disruptions pose unique and significant challenges, particularly on the African continent where the economies of producing countries are largely dependent on...
Nyonkopa Cocoa Buying Limited and Barry Callebaut Ghana, subsidiaries of Barry Callebaut Group - a global leader in the chocolate industry, has joined the COVID-19 fight by donating handwashing kits to Cocobod for distribution to cocoa farming communities.
The items - valued at US$2,500 - include 300 Veronica buckets, liquid...
Aboso Gold Fields Limited (AGL) has presented 2,172 bags of fertiliser to 360 cocoa farmers at Damang in the Prestea Huni-Valley Municipality if the Western Region to boost cocoa production.
This initiative, dubbed ‘Ghana Gold Fields Foundation Cocoa Support Programme’ which started about three years ago, has spent over GH¢304,000...
The Tarkwa operations of Gold Fields Ghana (GFG) has confirmed two positive COVID-19 cases, but assured that the patients, a worker and his wife, are in stable conditions.
A press release from the mining giant said: “the company received the test results from the Noguchi Memorial Institute for Medical Research...
The oil market is facing an unprecedented crisis as COVID-19 causes demand destruction and OPEC+ has proven powerless to stop oil prices from crashing. But behind what seems like an endless flow of bearish news, a new bull market is already forming.
CAPEX and OPEX cuts by nearly every oil...
There has been a ray of hope: a landmark production-cut agreement among OPEC, OPEC+ and G20 stakeholders on April 12 put an end to the oil price war
Stunning drops in crude oil prices—the result of COVID-19-related declines in demand and an oil price war between Saudi Arabia and Russia—have...
Managing Director of Bulk Oil Storage & Transportation Company Limited (BOST), Edwin Provencal, has called on government to approve the implementation of the adjusted BOST margin levy of GH¢0.03 per litre to GH¢0.12 to ensure efficient running of the organization.
He explained that the current BOST margin of GH¢0.03, which...
Global Community has cautioned against bauxite mining in the Atewa Forest, listing it among ‘high risk’ ventures that should not be included in China's Covid-19 financial support projects.
According to A Rocha Ghana and several other NGOs in Ghana, mining Bauxite in Atewa Forest is not eligible for the Chinese...