Tag: energy sector

The move signals Kenya’s determination to revive its stalled oil and gas industry by offering tax incentives and other investment-friendly policies to attract international energy firms.

“Ghana drilling programme with Noble Venturer to commence in May 2025, with two Jubilee wells (one producer and one water injector) expected to come onstream in the third quarter of ...

The report, compiled by a five-member investigative committee, revealed significant procurement lapses and financial irregularities amounting to GH₵1.5 billion.

The discussions focused on GNPC’s adherence to governance principles, its sustainability plans beyond 2026, and the ongoing management of Ghana’s petroleum resources

The partnership seeks to accelerate the development of key hydrocarbon reserves, enhance operational efficiency, and revitalize production

“We've always complained about how oil revenues have been used in the last few years. And if you have a finite resource, you should be able to point to something.” 

“Without increasing the levy, we will also review the Energy Sector Levies Act (ESLA) to consolidate the Energy Debt Recovery Levy, Energy Sector Recovery Levy (Delta Fund)."

“In 2024, the MoF supported the energy sector with payments of about GH¢20.8 billion.”

"This project and many others under discussion highlight the outstanding bond of friendship between Ghana and Japan”.

"Ghana is blessed with abundant natural gas resources, and if we efficiently process them, we could even export to neighboring African countries."