http://business.peacefmonline.com/rss/industry.xml Visit Peace FM Online for latest news, breaking news, audio and feature stories in Ghana en-us Peace FM Online 2009 2010-03-17T04:14:52+01:00 Michael Ofori Amanfo Boateng Ghana News http://business.peacefmonline.com/industry/201003/40235.php The MTN Group topped the list of 16 world leading telecom service providers in terms of revenue growth over the past three years, a service provider benchmarking research by TeleGeography has said. http://business.peacefmonline.com/industry/201003/40235.php http://business.peacefmonline.com/industry/201003/40184.php Mr. Peter Azumah, Director-General of the Ghana Maritime Authority (GMA) said the institution will demand that all operators in Ghana's oil sector operate on internationally acceptable standards. http://business.peacefmonline.com/industry/201003/40184.php http://business.peacefmonline.com/industry/201003/40022.php Two multi-national oil field service providers- Africa Oilfields Service Limited (AOS) and Orwell International (Oil&Gas) Limited, have committed $5million worth of equipment to Ghana's oil and gas industry. http://business.peacefmonline.com/industry/201003/40022.php http://business.peacefmonline.com/industry/201003/39868.php The management of the Ghana National Petroleum Corporation (GNPC) is still in discussion with management of Kosmos Energy over the purchase of its stake in the Jubilee oil field, GNPC Managing Director, Nana Boakye Asafu-Adjaye, said yesterday. http://business.peacefmonline.com/industry/201003/39868.php http://business.peacefmonline.com/industry/201003/39861.php Ms. Betty Bosomtwi-Sam, Deputy Western Regional Minister, has called on traditional authorities and other opinion leaders to develop a blueprint that can take advantage of the oil and gas discovery in the area. http://business.peacefmonline.com/industry/201003/39861.php http://business.peacefmonline.com/industry/201003/39734.php The Caribbean Atlantic Financial Holding Limited, a foreign group, would establish an industry in the Western Nzema Traditional, if the Ghana National Petroleum Company (GNPC) builds a gas processing plant in the area. http://business.peacefmonline.com/industry/201003/39734.php http://business.peacefmonline.com/industry/201002/38875.php The draft Bill to effectively manage the oil and gas revenue from Ghana’s oil find is ready, and the Ministry of Finance and Economic Planning will soon embark on road shows to solicit the inputs of Ghanaians and other players in the industry. http://business.peacefmonline.com/industry/201002/38875.php http://business.peacefmonline.com/industry/201002/38655.php The Executive Director of Adwenpa Construction and Engineering Services Limited, Mr. Julius Kwaku Ankomah on Wednesday disclosed that a cement factory will soon be constructed at Winneba in the Effutu District of the Central Region. http://business.peacefmonline.com/industry/201002/38655.php http://business.peacefmonline.com/industry/201002/38633.php Ghana is tapping the experience of Norway in the management of her oil and gas resources, according to a 2008 Memorandum of Understanding (MOU) between the two nations to build the capacity of Ghana in the petroleum sector. http://business.peacefmonline.com/industry/201002/38633.php http://business.peacefmonline.com/industry/201002/38597.php Embattled Japanese carmaker Toyota is considering a recall for the Corolla, the world's best-selling car. http://business.peacefmonline.com/industry/201002/38597.php http://business.peacefmonline.com/industry/201002/38515.php Newmont Gold Ghana Limited (NGGL) says it is ready to compensate Mr Bismark Kyei Asiedu, a farmer whose cocoa trees were cut down during a boundary-demarcation exercise at its Akyem Project in the Eastern Region. http://business.peacefmonline.com/industry/201002/38515.php http://business.peacefmonline.com/industry/201002/38437.php A 14-member high level team, made up of key government, security and medical institutions, listed to manage any emergency that may arise in Ghana's emerging oil industry are in Scotland for capacity training. http://business.peacefmonline.com/industry/201002/38437.php http://business.peacefmonline.com/industry/201002/38436.php Major-General Kwesi Yankson, Commandant of the Ghana Armed Forces Command and Staff Collage (GAFCSC), on Monday urged experts in the oil industry to be ready to offer solutions to challenges Ghana's oil discovery and extraction would face. http://business.peacefmonline.com/industry/201002/38436.php http://business.peacefmonline.com/industry/201002/38393.php Communities living in the catchment area of Newmont Akyem project are surprised at government’s decision to issue a mining license to Newmont to begin its Akyem project when negotiations land owners had not been concluded. http://business.peacefmonline.com/industry/201002/38393.php http://business.peacefmonline.com/industry/201002/38376.php The National Petroleum Authority (NPA) has described as imposters, people parading themselves in the country as officials of the NPA and registering fuel retail outlets, taking huge sums of money and issuing fake licenses to them. http://business.peacefmonline.com/industry/201002/38376.php http://business.peacefmonline.com/industry/201002/37739.php US Oil giant, Anadarko International Oil Company, has blown the whistle on the shape of how oil exploration licenses were awarded under the NPP government, saying they and their partners, Hess, were asked to part with 5% of their stake to, ‘an unknown Ghanaian party,’ as a condition for being awarded the South Deepwater Tano block for oil exploration. http://business.peacefmonline.com/industry/201002/37739.php http://business.peacefmonline.com/industry/201002/37707.php Records available to The New Crusading GUIDE show that some aspects of the ‘messy politics’ confronting Ghana’s Oil Industry in the wake of assumption of office by the Mills Administration are directly attributable to the conduct and actions of a giant US oil company, ANADARKO. http://business.peacefmonline.com/industry/201002/37707.php http://business.peacefmonline.com/industry/201001/37477.php GNPC’s LEGAL OPINION ON AKER ASA’s ASSIGNMENT OF RIGHTS TO AKER GHANA (UNDER THE NOVEMBER 5, 2008 PETROLEUM AGREEMENT) WHICH THE MINISTER OF ENERGY FATALLY IGNORED! http://business.peacefmonline.com/industry/201001/37477.php http://business.peacefmonline.com/industry/201001/37413.php …A Polite But Firm Protest/Defence From Oslo, Norway To Accra, Ghana! The Norwegian oil giant, Aker ASA have responded to the December 30, 2009 letter written to them by Ghana’s Minister of Energy, Dr. Joe Oteng-Adjei in which the latter purported to declare their (Aker ASA’s) November 5, 2008 Petroleum Agreement (PA) with the Government of Ghana (GoG), Ghana National Petroleum Corporation (GNPC) and Chemu Power Limited, null and void. (See the January 21st, 2010 edition of The New Crusading GUIDE for the full text of the Minister of Energy’s letter under reference). http://business.peacefmonline.com/industry/201001/37413.php http://business.peacefmonline.com/industry/201001/37320.php Political pressure group, the Alliance for Accountable Governance (AFAG), has expressed disquiet about the deliberate political persecution of the oil company, EO, and its Directors. http://business.peacefmonline.com/industry/201001/37320.php