Tag: hedging. Tullow Oil
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Kweku Awotwi to bow out of Tullow Ghana for new MD, Wissam Al Monthiry
Tullow Ghana has announced that its Managing Director, and Executive Vice President of Tullow Oil plc, Kweku Awotwi, will be retiring from Tullow on 30th June, 2020. He will hand over his responsibilities to Wissam Al Monthiry Mr. Awotwi is the first Managing Director of Tullow Ghana to be promoted to Executive Vice President of…
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Hedge Ghana’s oil to protect economy from shocks – PIAC
The Public Interest and Accountability Committee (PIAC) has impressed on the Bank of Ghana and Finance Ministry to target hedging Ghana’s oil reserves to protect the economy from massive revenue losses due to declining global oil prices. In its 2016 Annual report, PIAC warned of extreme financial losses in the near future following the over…