Audio By Carbonatix
The Minister for Energy and Green Transition, John Abdulai Jinapor, has announced that global energy giant Chevron has expressed interest in Ghana’s upstream sector, while Kosmos Energy has committed to scaling up its investments in the industry.
This development is expected to revitalise Ghana’s oil and gas sector, which has experienced a decline in recent years.
In a Facebook post on Thursday, March 27, the Energy Minister emphasised the importance of attracting foreign investment to sustain growth in the sector.
He stated that the government remains committed to ensuring a favourable environment for investors while working to enhance the country’s oil production capacity.
"We must take all necessary measures to reverse the downward trend in Ghana’s oil sector," Jinapor noted.
Latest Stories
-
MTN Ghana trains civil society organisations on artificial intelligence
33 minutes -
GoldBod FX framework aims to make dollar supply predictable – Acheampong
1 hour -
How does a Ghanaian team make it to the BAL?
1 hour -
Ghana’s investment climate presents opportunities for industrial growth and job creation.
1 hour -
‘I paid thousands to a company for jobs that never came’
1 hour -
SSNIT intensifies informal sector enrolment drive with Techiman float
2 hours -
Ghana seeks long-term mining investments that benefit local communities – Armah-Kofi Buah
2 hours -
GHATOF demands compensation for 85 businesses affected by La Pleasure Beach demolition
2 hours -
Bono Regional Minister calls for investor education to drive economic growth
2 hours -
Ghana’s Ambassador to China, Kojo Bonsu, presents credentials to Nepalese President
2 hours -
Fairtrade Africa’s Cocoa Hubs Project strengthens rural service centres in cocoa-growing communities
2 hours -
MPs are not development officers – Edem Kpotosu
2 hours -
SEC cautions investors against fraudulent investment schemes
2 hours -
Land Ministry urges rCOMSDEP operators to reserve earnings for land reclamation
2 hours -
Commercial drivers give authorities one week to clear traders from lorry terminals, bus stops
2 hours