Business
Bright Simons writes: Ghana wants to make Norway rich (by $1 billion)
On 30th July 2021, a memorandum from Ghana’s Minister of Energy to the country’s Parliament muddied the waters even further.
DL News
Results for “Tram Oil”
265 results.
Business
On GNPC-Aker, Bob Hinson Didn’t Look Before He Leaped: Bright Simons
We only ask that they take a bit of time to understand the issues, do the research and then engage so that they can be fair to those of us with perspectives opposed to the stance of their friends at the GNPC. Not too much to ask for,
DL News
Africa
Shell subsidiary in Nigeria must compensate farmers, Dutch court rules
An appeals court said a small group of farmers in the Niger Delta region whose livelihoods were affected by oil spills in 2006 and 2007 should receive payouts
DL News
Business
Petroleum Authority revokes licences of 30 Oil Marketing Companies
“The General Public is hereby warned that engaging with the affected OMCs is at their own risk."
DL News
General
Minority to inquire into missing GHS42 million fuel scandal at TOR
Since 2017, the Tema Oil Refinery has been mismanaged into a state of comatose, with its attendant appointment of 4 different Chief Executive Officers
DL News
Business
Why Ghanaian Activists Oppose a $1 Billion Giveaway to Norwegian Billionaires: Bright Simons
$1.1 billion will go directly to the current Norwegian controllers of the two fields
DL News
General
Full text: Report of OSP on contractual arrangements involving Finance Ministry, GRA and SML
This report is founded on sections 2 and 3 of the Office of the Special Prosecutor Act, 2017 (Act 959) and regulation 31(1)(g) of the Office of the Special Prosecutor (Operations) Regulations, 2018 (L.I. 2374).
DL News
Business
Forced unitisation is non-beneficial to Ghana’s upstream sector – Petroleum expert
Eni is challenging a directive by the Energy Ministry, asking them to initiate Sankofa Offshore oil fields and Adubea Oil Block.
DL News
Europe
Glencore ordered to pay millions over Africa oil bribes
The company paid $26m (£23m) through agents and employees to officials of crude oil firms in Nigeria, Cameroon and Ivory Coast between 2011 and 2016.
BBC
Courts
$2.3M oil contract dispute between Dram Oil and Alfapetro adjourned to October 13
The adjournment follows a request from Alfapetro’s legal team, who informed the court a day prior to trial that lead counsel, Ace Anan Ankomah, was out of the country and unable to appear. The adjournment follows a request from Alfapetro’s...
DL News
Business
Ghana's 15% participating interest in oil explorations to be reduced-Petroleum Commission
With the emergence of oil production in various African nations, Ghana risks losing its competitive edge in the capital-intensive oil sector.
DL News
Africa
Nigeria's ex-oil minister charged with bribery in the UK
Nigeria's former oil minister Diezani Alison-Madueke has been charged with bribery offences in the UK. She is suspected of accepting financial rewards for awarding multi-million dollar oil and gas contracts
BBC
Africa
Shell Oil Site Seized by Nigerian State Over Unpaid Damages
An oil site operated by Royal Dutch Shell Plc’s Nigerian unit has been seized by one of the country’s state governments due to a dispute over an oil spill that occurred decades ago.
DL News
Courts
I do not expect Ghana to be slapped with any Judgment debt in the ENI suit-Petroleum Economist
Italian oil and gas firm, ENI, filed a suit at the International Tribunal in London, United Kingdom, to challenge a directive by the Ministry of Energy, asking the oil firm to unitize Sankofa offshore oil field and Afina oil block operated...
DL News
Courts
Hearing of Dram Oil's $187 million negligence suit against Deloitte set for July 15
The plaintiff is seeking a court order for the payment of $187.596 million, along with other claims, in relation to the audit firm's alleged mishandling of an audit assignment.
DL News
Africa
Shell exits Nigeria’s onshore oilfields in $2.4bn deal
The buyer, a consortium led by Nigerian independent energy company, Renaissance Oil, which includes ND Western, Aradel Energy, First E&P, Waltersmith and Petrolin, marks a significant change in the landscape of Nigeria’s oil industry.
BusinessDay Nigeria
Europe
Shell to face human rights claims in UK over chronic oil pollution in Niger delta
More than 13,000 Nigerian villagers can bring legal claims against oil firm, rules high court
The Guardian
Africa
Uganda protests denounce EU oil policy
"EU respect Africans and their resources," one placard reads, "our oil is our hope," says another.
BBC
Europe
Former Nigerian oil minister cleared of UK bribery charges
A jury at Southwark Crown Court found the 65-year-old not guilty of five counts of accepting bribes and one count of conspiracy to commit bribery.
DL News
Business
Tullow Oil wins $320m tax arbitration against GRA
The ICC Tribunal determined that the Branch Profit Remittance Tax (BPRT) does not apply to Tullow Ghana's operations under its Petroleum Agreements for the Deepwater Tano and West Cape Three Points blocks, which encompass the prominent Jubi...
DL News