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Tag: PetroSA

Ghana signs $2billion oil licence extension deal with Tullow, Kosmos, PetroSA & GNPC

Business, News June 4, 2025 Kennedy Mornah 0 Comments

Ghana has taken a major step towards reinforcing its position as a leading oil and gas producer in West Africa, following the signing of a Memorandum of Understanding (MoU) between the government and key energy partners to extend the production licences for the Jubilee and TEN oil fields to 2040. The agreement,announced in a statement […]

Freddy Blay dismisses 7% JOHL shares diversion claims

Local, News May 29, 2023 Kennedy Mornah 0 Comments

The Chairman of the Board of the Ghana National Petroleum Corporation (GNPC), Freddy Worsemao Armah Blay, has said the allegations surrounding the supposed “surreptitious,” “clandestine,” and “scandalous” sale of the so called GNPC shares are unequivocally false. According to him, there was “no intention by GNPC or me as its Chairman, to divest seven per […]

GNPC Board Chairman Freddie Blay dismisses calls for resignation amid stake sale controversy

Local, News May 24, 2023 Kennedy Mornah 0 Comments

Mr. Freddie Blay, the Chairman of the Ghana National Petroleum Corporation (GNPC) and former New Patriotic Party (NPP) chairman has responded to the demands from some Civil Society Organisations (CSOs) urging him to step down. The calls for his resignation came after the GNPC announced plans to sell a 50% stake in Jubilee Holdings Limited […]

Even More News

Ghana poised to beat IMF, World Bank growth forecasts – Prof. Quartey

October 16, 2025

Economist Professor Peter Quartey says Ghana’s economy could outperform the growth projections set by the International Monetary Fund (IMF) and the World Bank for 2025. The IMF, in its latest World Economic Outlook, forecasts Ghana’s GDP to grow by 4 per cent next year — slightly below the World Bank’s 4.3 per cent estimate. Both institutions […]

Ghana’s oil output peaked in 2019 – PIAC warns of sharp production decline

Nearly 70% of emigrating medical doctors default on their loans – Ghana Association of Banks CEO

New York City sues social media companies for allegedly addicting children

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  • This is Elisha Mahama Akpanichie, the man who killed Jirapa ‘Dubai’ owner who has been sentenced to life imprisonment
  • Trump administration sued over $100K fee for skilled worker visas
  • Grenada seeks to recruit Ghanaian nurses to address severe health worker shortage
  • Ghana poised to beat IMF, World Bank growth forecasts – Prof. Quartey
  • Offshore mooring facility will ease fuel supply bottlenecks – Energy Minister

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