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2021-04-07

[N] As Majority Leader be circumspect with your utterances

2021-03-19

[I] Goldman Sachs staff revolt at ‘98-hour week’
[I] Over half of staff go back to workplace
[I] Health chiefs confirm Oxford-AstraZeneca Covid jab safe to use
[S] Kotoko Signs Second Brazalian Player
[N] It Is A Blatant Lie That I’ve Declared My Prez Ambition-Agric Minister
[S] Accra Mayor to change face of sports in Greater Accra
[S] Ambassador Lutterodt charges GOC prez to tackle Martha Bissah issue
[S] Ben Nunoo-Mensah hits ground running for GOC
[S] Black Stars to Engage Uzbekistan In International Friendly
[N] House of Chiefs calls for collaboration with MMDCEs for development
[N] Baby Harvesting: More suspects picked
[N] Police pledge commitment to bringing Sheikh Maikano’s murderers to book
[B] ARB Apex Bank admitted to Ghana-Sweden Chamber of Commerce
[N] Desist from starting race ahead of time - Obiri Boahen to NPP presidential
[N] Gov’t announces construction of five interchanges in Ashanti
[N] Controversial textbooks: NPP urges NaCCA to enforce rules without fear or favour
[N] Staff working on Tamale interchange call off strike
[N] Newly proposed taxes a huge hindrance to businesses’ recovery
[N] Government can’t take a unilateral decision on salaries for public workers
[N] Ghana records 2 new Covid-19 variants; experts call for immediate action

2021-03-17

[S] First GFA safety and security seminar takes place today
[B] NDPC holds consultation medium term framework for 2022-2025 in Oti
[B] More investments recorded in Western Region despite COVID-19
[N] Ghana records 698 COVID-19 deaths
[N] NDC’s Ofosu Ampofo behaves like a toddler – Allotey Jacobs
[S] Don’t tax sports betting, ban it – Ato Forson to government
[N] Ama Benyiwaa Doe slams Allotey Jacobs; says he has no influence
[N] Approving Akufo-Addo’s ministers ‘regrettable and unfortunate’ – NDC caucus
[S] Don't rush Satellites players, warns GFA coaching boss
[N] Eastern Regional Hospital detains 246 patients for non-settlement of bills
[N] COVID-19 vaccination in Ghana: 1,000 reports received on adverse effects
[N] Ignore reports of rift between local, foreign staff at AfCFTA secretariat – Govt
[N] Remain calm, support our leadership in Parliament – NDC Council of Elders
[N] Ghana hasn’t recorded any case of blood clots from COVID-19 vaccination – FDA
[N] 9-year-old boy burnt to death as stepfather sets house ablaze
[B] Budget cuts for legislature, judiciary won’t be entertained – Speaker
[I] Half of UK managers back mandatory Covid vaccines for office work
[I] Brussels to propose Covid certificate to allow EU-wide travel

2021-03-16

[I] Nick Candy leads £1m drive to oust London mayor Sadiq Khan
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General News

[ 2014-09-17 ]

Energy Ministry accused of mysteriously contracting foreign companies
Ghana's Energy Ministry has been accused of
awarding new petroleum contracts to eight foreign
companies under mysterious conditions.

Executive Director of the Africa Centre for Energy
Policy, Mohammed Amin Adam said at a news
conference Tuesday, that the award of the
contracts lacked transparency which may breed
corruption in the oil sector.

For these reasons, Dr. Adam mentioned that the
administrative processes involved awarding the
contracts were open to abuse, wealth seeking and
corruption.

According to him, some of the companies including
A-Z Petroleum, Sahara Energy fields and Heritage
Oil, among others are inexperienced to execute
deep water exploration as well as lacking the
financial resources to operate.

Just after the conference, Dr. Adam told Joy FM's
Kwakye Afreh Nuamah that some of these companies
are start-ups and do not have the capacity to
engage in any oil business in the country.

Some of the companies from the Ghanaian side, he
said were established between June 2013 and
February 2014.

He continued, once they are start-ups “one
wonders what start-ups can do with oil contracts
which involve so much technical requirements;
which involve so much financial requirements.”

The executive director downplayed the credibility
of these companies in the oil business, saying,
they are companies managing marginal fields in
Nigeria “and yet in Ghana, they are the
companies we're giving contracts to.”

“If we have these companies that are being
patronized in Ghana; we are just selling our oil
blocs for nothing.”

In protecting the country's oil industry from
being exploited by such foreign firms, Dr. Adam
counseled the government to ensure there is
transparency in the award of oil contracts to
promote an open market.

“We think that government must adopt an open and
transparent process for awarding oil contracts in
order for us to do due diligence on the companies
that are coming in to explore for oil to ensure
that we maximize the value of our oil
resources,” he emphasized.

Communications Advisor to the Energy Ministry,
Edward Bawa told Joy News that due diligence was
followed in the entire processes.

The processes, he indicated involved the technical
committee set up by the government, the
negotiation team, Cabinet and the Parliament.

He said the Petroleum Bill has been approved by
Cabinet and would be laid before Parliament when
it returns from recession.

Source - MyjoyOnline



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