Ministry of Power and Invest in Africa Poised to Increase Local Content and Local Participation in Power Industry

Invest in Africa in collaboration with the Ministry of Power, has organized a workshop on the African Partner Pool (APP), Ghana's first and leading cross-sector online business portal that connects, through their tenders, the supply chain requirements of large businesses, both ... — Read More

West African countries ban 'Dirty European Fuel

Five West African countries have banned some European fuel imports, because they say they are too dirty. Nigeria, Benin, Togo, Ghana and Côte d'Ivoire are introducing stricter standards to cut vehicle emissions and improve air quality in cities.Nigeria, Benin, Togo, Ghana, ... — Read More

Tel Energy marks fifth anniversary with donation

Tel Energy, an indigenous oil marketing company (OMC) incorporated under the laws of Ghana in 2011, has celebrated its fifth anniversary with a customer appreciation day held at its McCarthy hill station in Accra and a donation to the Accra Psychiatric ... — Read More

Gov’t must end unhealthy competition – BDC’s

The Chief Executive Officer of the Chamber for Bulk Oil Distribution Companies (BDC) Senyo Horsi has warned government to end alleged unfair pricing war its engaged in with some BDC’s and Oil Marketing Companies (OMC’s) in the country.According to Senyo Horsi ... — Read More

Fuel prices reduce finally

Some Oil Marketing Companies (OMCs) as of last night, have reduced prices of petroleum products at the pumps following a decline in the global market price of crude oil. Checks by the thebftonline.com has revealedCrude prices have been floating on the ... — Read More

PIAC counsels gov’t into new hedging deal

The Public Interest and Accountability Committee (PIAC) has joined a long list of advocates that have urged government to seriously consider restoring its hedging programme in order to cushion the country against the impact of oil price shocks on the state’s ... — Read More

3rd FPSO set to arrive in March 2017 - ENI

Ghana is set to receive its third Floating, Production, Storage, Offloading (FPSO) vessel which will be stationed at the Cape Three Point in the western region for the Sankofa Gye Nyame Oil and Gas project.The FPSO which is expected to arrive in ... — Read More

Repair work on FPSO expected to end by Nov. 21

The Ghana National Gas Company said Tullow Ghana Limited, operators of the FPSO Kwame Nkrumah, informed it [Ghana gas] of the urgent repair works is expected to end by 21st of November.A statement issued by the Ghana National Gas Company and ... — Read More

TOR to increase cash flow in new US$46m tax waiver

The Tema Oil Refinery (TOR) is expected to raise funds to finance its debt and expand its facilities, with the use of the Ghana Petroleum Mooring System (GPMS) as a Special PurposeVehicle (SPV), a finance committee report of Parliament has stated.It ... — Read More

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