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Tag Archives: TEN

Tullow records loss after tax of 189 million dollars


Tullow Oil has posted a loss after tax of 189 million dollars for 2017. At least this is the second time in a row that the oil company has posted a loss after tax. For 2017, Tullow’s loss after tax amounted to 189 million dollars; this is an improvement of about 408 million dollars or 68 percent compared to the ...

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Power cuts still on despite Energy Minister’s assurances

Boakye Agyarko, Minister for Energy

Consumers of electricity are still bearing the brunt of power cuts despite claims that the situation has since normalized. Power supply was cut to some parts of the Greater Accra region yesterday [Sunday]. The development is in sharp contrast with assertions by the Energy Minister, Boakye Agyarko of a stable power supply effective last Saturday [February 25th, 2017]. His assurance ...

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TEN fields accrues $36m within six weeks


Ghana has raked in about 36 million dollars from oil produced from the TEN oilfields, barely six weeks after the commencement of commercial production. This is the indication from the Minister of Petroleum, Emmanuel Armah Kofi Buah. According to him, the oilfield has so far produced 800,000 barrels of oil since inauguration on August 18 this year. “To date, TEN ...

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