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Breaking News: Tullow to sell stakes in South American and Ugandan prospects
Source: Guardian Unlimited

Accra :: Ghana | updated Wed Nov 11 21:11:14 -0800 2009 | business-news

Tullow said it had identified a number of leads in the Guiana licence, and said the participation of Shell was an endorsement of the prospect. Shell has the option to acquire another 12% and Tullow also hopes to farm out...
Credibility Views: 7 | News Stories: 5 | Blog Posts: 6 | 12 | 8 | 0
 
Latest Breaking News: Kosmos Confirms Sale of Oil Stake
Source: The New York Times

Accra :: Ghana | updated Mon Oct 12 19:40:57 -0700 2009 | business-news

Greg Dunlevy, the chief financial officer of Kosmos, confirmed the agreement. He declined to disclose the price, but a person familiar with the matter said last week that the price was $4 billion. The sale requires the approval of Ghana’s...
Credibility Views: 13 | News Stories: 5 | Blog Posts: 6 | 12 | 9 | 0
 
Current News: Exxon Buys Stake in Ghana Oil Field
Source: Asian Wall Street Journal

Accra :: Ghana | updated Wed Oct 07 06:29:47 -0700 2009 | business-news

Exxon Mobil Corp. has agreed to buy a $4 billion stake in an oil field off the coast of Ghana, according to people involved in the deal, as the global energy giant seeks a foothold in a major new oil-producing...
Credibility Views: 0 | News Stories: 3 | Blog Posts: 2 | 5 | 1 | 0
 
Current World News: Ghana plays down Vodafone report
Source: BBC

Accra :: Ghana | updated Wed Oct 14 02:39:07 -0700 2009 | business-news

The report, seen by the BBC, said Ghana Telecom (GT) was sold to the UK-based company for less than it was worth. It said the sale of GT had been "unconstitutional" and "illegal". But the communications minister said the committee...
Credibility Views: 1 | News Stories: 3 | Blog Posts: 3 | 10 | 8 | 0
 
Latest World News: Kosmos sells Ghana assets to Exxon Mobil.
Source: Denver Post

Accra :: Ghana | updated Tue Oct 13 00:24:10 -0700 2009 | business-news

00 AM MDT Kosmos Energy, the U.S. oil explorer backed by Blackstone Group, and Warburg Pincus, said it has a binding agreement to sell its Ghana assets to Exxon Mobil. The deal is exclusive, said Kosmos chief financial officer Greg...
Credibility Views: 15 | News Stories: 3 | Blog Posts: 5 | 8 | 6 | 0
 
Current Event: Sinopec tipped to bid for Tullow field
Source: Independent

Accra :: Ghana | updated Mon Nov 16 21:18:48 -0800 2009 | business-news

China Petroleum & Chemical Corp (Sinopec) is the latest company to express an interest in bidding for a share of Tullow Oil's Jubilee field being sold by one of its partners, Kosmos Energy. Reports suggest that Sinopec will make a...
Credibility Views: 0 | News Stories: 2 | Blog Posts: 0 | 4 | 1 | 0
 
Source: Sydney Morning Herald

Accra :: Ghana | updated Mon Nov 16 05:09:05 -0800 2009 | business-news

Shares in Perseus closed up 25 cents, or 15.62 per cent, at $1.85 following an announcement of strong drilling results at its Tengrela gold project in Côte d'Ivoire, West Africa. The gold explorer's previous record share price high was $1.73...
Credibility Views: 1 | News Stories: 2 | Blog Posts: 0 | 0 | 0 | 0
 
Breaking News Event: GNPC still eyes Kosmos stake in Jubilee-GNPC source
Source: International Business Times

Accra :: Ghana | updated Fri Oct 09 10:57:59 -0700 2009 | business-news

Sources earlier in the week told Reuters that Exxon Mobil had reached a multi-billion-dollar agreement with Kosmos to buy the stake in the Jubilee field, one of the largest oil finds in West Africa in the past decade. Next Article:...
Credibility Views: 1 | News Stories: 2 | Blog Posts: 0 | 0 | 3 | 0
 
Latest News Event: BP poised to battle US rival ExxonMobil for Ghana oil
Source: Times Online

Accra :: Ghana | updated Thu Oct 22 15:50:28 -0700 2009 | business-news

Jubilee deepwater field in Ghana, which reportedly contains up to 1.8 billion barrels of oil. BP has not yet made a final decision but has hired Goldman Sachs, the US investment bank, to advise it on a possible bid for...
Credibility Views: 0 | News Stories: 2 | Blog Posts: 0 | 0 | 2 | 0
 
Posted by: Thesalonika First to cover

Accra :: Ghana | updated Wed Jun 17 03:33:35 -0700 2009 | business-news

The Ghana government can only be assured of continuous long term capital inflows from the Ghana Stock Exchange (GSE) for the development of the country only if the management of the economy is directed towards consistent growth as the years...
Credibility | Reach Views: 21 | News Stories: 0 | Blog Posts: 0 | 0 | 0 | 0

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