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Monday, 9 November 2026
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Ghanaian press · Organization

International Chamber of Commerce

International Chamber of Commerce — organization that administers international arbitration tribunals resolving disputes between companies and governments over taxation, contracts, and development agreements.

2026-05-172026-11-09

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In coverage

Verbatim sentences from the source article.

  1. October 2026
  2. Joy Online

    … An International Chamber of Commerce arbitration tribunal in London ruled in favour of the Ghanaian government in a dispute involving a nearly US$400 million tax charge against Tullow Oil. …

    Tullow Oil posts $101m half-year loss despite production gains
  3. Joy Online

    … The tribunal, constituted under the Rules of Arbitration of the International Chamber of Commerce (ICC), dismissed claims brought by Tullow Ghana Limited against the Republic of Ghana. …

    GRA welcomes Tribunal decision upholding US$393 million tax assessment
  4. Daily Guide

    … Cassiel Ato Forson Ghana has won a major tax arbitration case against Tullow Ghana Limited after an arbitration tribunal constituted under the Rules of Arbitration of the International Chamber of Commerce (ICC) ruled in favour of the Republic. …

    Ghana Wins $393m Tullow Tax Arbitration
  5. September 2026
  6. The Ghanaian Times

    … The Ministry of Finance said an arbitral tribunal constituted under the Rules of Arbitration of the International Chamber of Commerce delivered its award on Tuesday, September 29, 2026, ruling in favour of the Republic. …

    Ghana wins $393m Tullow Tax Arbitration
  7. The Chronicle

    … The tribunal, constituted under the Rules of Arbitration of the International Chamber of Commerce (ICC), delivered its award on Tuesday, September 29, 2026, in proceedings brought by Tullow over the taxation of business interruption insurance proceeds. …

    Ghana wins US$393m Tullow tax arbitration
  8. Joy Online

    The Arbitration for International Chamber of Commerce in London has ruled in favor of the Government against Tullow Oil over about US$400 million tax charge. …

    ICC London rules in favor of Ghana against Tullow over $400m tax charge
  9. Joy Online

    Tullow Oil has described the decision by the International Chamber of Commerce in London over its corporate income tax assessment covering its operations in Ghana from 2016 to 2019 as disappointing. …

    We are disappointed in ICC’s ruling over our corporate income tax assessment in Ghana – Tullow Oil
  10. Joy Online

    … An arbitral tribunal constituted under the International Chamber of Commerce Rules of Arbitration has dismissed all claims brought by Tullow over the taxation of business interruption insurance proceeds and upheld the Ghana Revenue Authority’s assessment of US$393,091,993.70. …

    Ghana will secure Tullow tax revenues while protecting Jubilee, TEN investments – Ato Forson
  11. Joy Online

    … The tribunal, constituted under the Rules of Arbitration of the International Chamber of Commerce, dismissed all claims brought by Tullow and upheld in full the Ghana Revenue Authority’s tax assessment of US$393,091,993.70. …

    Ghana wins $393m Tullow tax arbitration as tribunal upholds GRA assessment
  12. The Ghanaian Times

    … Fagbemi said the International Chamber of Commerce tribunal found that settlement agreements relied on by Sunrise were not binding on Nigeria because the officials who signed them lacked the authority to commit the government without presidential approval. …

    Nigeria wins arbitration as Sunrise’s $400m hydropower claim dismissed
Mining & Energy

Tullow Oil posts $101m loss but increases oil production in 2026

The News

Tullow Oil recorded a loss after tax of US$101 million in the first half of 2026, driven primarily by refinancing costs, despite generating US$495 million in revenue and achieving net production of 35.7 thousand barrels of oil per day. The company's turnaround strategy is showing progress, with improved production from new wells and enhanced FPSO uptime and optimisation activities.

6 October 2026 · Joy Online →

Tuesday 6 October

  1. Tullow Oil posts $101m loss but increases oil production in 2026

    Tullow Oil recorded a loss after tax of US$101 million in the first half of 2026, driven primarily by refinancing costs, despite generating US$495 million in revenue and achieving net production of 35.7 thousand barrels of oil per day. The company's turnaround strategy is showing progress, with improved production from new wells and enhanced FPSO uptime and optimisation activities.

    6 October 2026 · Joy Online →

Friday 2 October

  1. Tribunal upholds GRA's US$393 million tax assessment against Tullow

    An ICC arbitral tribunal has upheld the Ghana Revenue Authority's US$393,091,993.70 tax assessment against Tullow Ghana Limited over business interruption insurance proceeds, dismissing Tullow's claims and determining that the assessment did not breach applicable Petroleum Agreements, was not time-barred, and the GRA's enforcement action was lawful.

    2 October 2026 · Joy Online →

Thursday 1 October

  1. Ghana wins $393m tax arbitration against Tullow

    An ICC arbitration tribunal has ruled in favour of Ghana's tax assessment of US$393,091,993.70 against Tullow Ghana Limited, upholding the Ghana Revenue Authority's position and rejecting claims that the assessment was time-barred. Finance Minister Dr. Cassiel Ato Forson called the ruling a significant victory for protecting tax revenues from Ghana's petroleum sector.

    1 October 2026 · Daily Guide →

Wednesday 30 September

  1. Ghana wins $393 million Tullow tax arbitration case

    An international arbitral tribunal has ruled in favour of Ghana against Tullow Ghana Limited over taxation of business interruption insurance proceeds, upholding the Ghana Revenue Authority's tax assessment of US$393,091,993.70. The tribunal dismissed all of Tullow's claims and found that the tax assessment did not breach Ghana's Petroleum Agreements, the penalty was properly applied, and the enforcement action was lawful.

    30 September 2026 · The Ghanaian Times →

  2. Ghana wins US$393m tax dispute with Tullow oil company

    An international arbitral tribunal has ruled in favour of Ghana and upheld a US$393.09 million tax assessment against Tullow Ghana Limited for the taxation of business interruption insurance proceeds. The tribunal dismissed all of Tullow's claims and determined that the assessment did not breach Petroleum Agreements and that the penalty and enforcement action by the Ghana Revenue Authority were lawful.

    30 September 2026 · The Chronicle →

  3. ICC arbitration rules Ghana's $400m Tullow tax charge lawful

    An International Chamber of Commerce tribunal in London has ruled in favor of Ghana's Government against Tullow Oil over a US$400 million tax charge relating to loan interest deductions and corporate insurance issues. Though the tribunal upheld Ghana's action as lawful, it remains unclear whether the Government will enforce the ruling given potential impacts on Tullow's operations.

    30 September 2026 · Joy Online →

  4. ICC rules against Tullow Oil on Ghana corporate tax assessment

    Tullow Oil says it is disappointed by an International Chamber of Commerce tribunal ruling that upheld Ghana Revenue Authority's US$196.5 million corporate tax assessment relating to the firm's operations from 2016 to 2019, finding the tax does not breach Tullow's Petroleum Agreements though ruling that penalty assessments of 100% fall outside contractual protections.

    30 September 2026 · Joy Online →

  5. Ghana wins tax arbitration against Tullow oil company

    An arbitral tribunal has upheld Ghana Revenue Authority's assessment of US$393,091,993.70 against Tullow Ghana Limited over taxation of business interruption insurance proceeds, dismissing all of Tullow's claims. Finance Minister Ato Forson says the government will enforce the award while protecting Tullow's operations in the Jubilee and TEN fields and its capacity to sustain required investments.

    30 September 2026 · Joy Online →

  6. Ghana wins $393 million Tullow tax arbitration case

    An international arbitral tribunal has upheld the Ghana Revenue Authority's tax assessment of US$393,091,993.70 against Tullow Ghana Limited, dismissing all claims and finding the assessment did not breach Petroleum Agreements. Finance Minister Cassiel Ato Forson said the ruling affirms that all companies in Ghana, regardless of size, are subject to the country's laws.

    30 September 2026 · Joy Online →

Thursday 24 September

  1. Nigeria wins arbitration; Sunrise $400m hydropower claim dismissed

    An International Chamber of Commerce tribunal dismissed a $400 million claim by Sunrise Power and Transmission over Nigeria's Mambilla hydroelectric project, finding that settlement agreements were not binding on Nigeria because officials lacked presidential authority and the agreements were tainted by corruption. The ruling removes a legal obstacle to the 3,050-megawatt project and could enable renewed financing efforts.

    24 September 2026 · The Ghanaian Times →

Wednesday 23 September

  1. Tribunal rejects $402m claim but awards $235m to Teshie desalination firm

    An International Chamber of Commerce tribunal ruled that Befesa Desalination Developments Ghana Ltd validly terminated its Water Purchase Agreement with Ghana Water Company Limited and is entitled to US$235 million in contractual termination payments. The tribunal dismissed a separate US$402 million claim for unpaid water charges, ruling that both claims could not be recovered together.

    23 September 2026 · Joy Online →

  2. Ghana negotiates Teshie desalination plant purchase to avoid arbitration payout

    The government says it is in advanced negotiations to buy the Teshie Desalination Plant from Befesa at a price lower than the US$235 million arbitration award against Ghana Water Company Limited, aiming to secure full state ownership and avoid the payout.

    23 September 2026 · Joy Online →

Tuesday 22 September

  1. Nigeria wins arbitration, dismisses Sunrise $400 million claim

    An international arbitration tribunal has dismissed a $400 million claim by Sunrise Power and Transmission over the Mambilla hydroelectric project, ruling that settlement agreements the company relied on lacked presidential authority and were tainted by corruption. The tribunal ordered Sunrise to pay 75% of Nigeria's legal fees with 10% annual interest, though the company is pursuing a separate arbitration claim valued at more than $2.7 billion.

    22 September 2026 · Joy Online →

  2. Ghana Water ordered to pay $235m in desalination plant dispute

    An ICC arbitration tribunal has ordered Ghana Water Limited to pay approximately US$235 million to Cox-owned Befesa Desalination Developments Ghana Limited over termination of a water purchase agreement for the Teshie desalination plant; the Republic of Ghana is also liable under a state guarantee, though the project company cannot recover the same sums twice.

    22 September 2026 · Joy Online →

Saturday 8 August

  1. Ghanaian businessman takes Nigeria land dispute to ICC arbitration

    Sir Sam Jonah has commenced international arbitration proceedings against Nigeria's Federal Capital Development Authority over the termination of a 501-hectare development lease in Abuja, which the company claims was unlawful and contrary to the terms of the development agreement.

    8 August 2026 · Joy Online →

Friday 10 July

  1. Black Volta gold mine dispute reaches London arbitration tribunal

    Ghana's Black Volta Gold Project, one of West Africa's most promising undeveloped gold deposits, has become the centre of a cross-continental legal fight involving an international arbitration tribunal in London, the High Court of England and Wales, and the Ghanaian government, centring on a $100 million transaction and disputes over control of Ghanaian operating companies Azumah Resources Ghana Ltd, Upwest Resources Ltd, and Phoenix Resources Ltd.

    10 July 2026 · Joy Online →

Thursday 9 July

  1. Azumah Ghana denies non-compliance, defends Black Volta acquisition

    Azumah Resources Ghana rejected reports that Engineers & Planners failed to comply with a court order over the disputed Black Volta Gold Project, maintaining that E&P lawfully acquired the project under a $100 million agreement. The company stated there is no order from the ICC tribunal or High Court in London requiring the Black Volta Project to be handed over to former investors IGIC PTY, Cangol PTY, and Azumah Resources Australia Ltd.

    9 July 2026 · Joy Online →

Tuesday 19 May

  1. Ghanaian business leader appointed Vice-Chair of ICC Global Digital Commission

    Moses Kwesi Baiden Jnr., Founder and Chairman of Margins ID Group, has been appointed Vice-Chair of the International Chamber of Commerce Global Digital Economy Commission, effective May 18, 2026, serving a three-year term alongside leaders from major global firms. The ICC said Baiden will bring expertise in digital trade, cybersecurity, fintech, digital identity systems, artificial intelligence governance and cross-border digital commerce.

    19 May 2026 · Business & Financial Times →

Sunday 17 May

  1. Ghanaian CEO appointed ICC Global Digital Economy Vice-Chair

    Moses Kwesi Baiden Jnr., CEO of Margins Group, has been appointed Vice-Chair of the International Chamber of Commerce Global Digital Economy Commission, effective May 18, 2026, for an initial three-year term. The appointment positions Baiden among global leaders shaping international discussions on digital trade, cybersecurity, fintech, and artificial intelligence governance.

    17 May 2026 · Joy Online →

International Chamber of Commerce — Ghanaian press coverage · Ghana Minute