Government’s consistent lowering of the cap on the Ghana Stabilisation Fund (GSF) could ultimately defeat the purpose for which the Fund was set up, with monies in the Fund expected to reach an all-time low this year. Cap on the fund was...

Barring any last minute hitch, the Floating, Production, Storage, Offloading (FPSO) vessel for the Sankofa Gye Nyame Oil and Gas project, will arrive in Ghana in March 2017. This is the indication from the Managing Director of ENI Ghana, Fabio...

An amount of 3, 649, 004 Ghana Cedis of oil funds allocated for the re-branding of Metro Mass Rapid Transit buses generated huge controversy in Parliament yesterday. Minority Leader, OseiKyei-Mensah-Bonsu says the allocation is unacceptable and a...

Oil prices briefly dipped below $30 per barrel this week as the depressed market continues. Market watchers seemed to be competing with each other to see who could publish the lowest prediction for oil prices, with Standard Chartered raising the...

The Public Interest and Accountability Committee (PIAC) has criticised the government over its inability to clearly define its capacity building priority area in the oil sector, for which funds are allocated from oil revenues. This the committee...