Ghana, fishermen. Photo source: ©©Civitas Veritas
Excerpts;
Tullow Oil, the London-based explorer, has had a good week: two days after reporting soaring profits it confirmed that an oil strike off the coast of Ghana was a major find…
Read Full Article, Guardian UK
Ghana’s Booming Offshore Oil Industry and Environmental Concerns
Ghana recently became the latest African nation of the Gulf of Guinea, from Sierra Leone to Angola, where “new” oil has been found. Prospects of economic development along with a lure of easy money have prompted governments to encourage the rapid growth of an offshore oil industry conveniently left to monitor itself, and environmental concerns abound…
