Tuesday, September 28, 2021
  Efforts to recycle plastic waste in country have received a major boost following the signing of a Memorandum of Understanding between eight leading manufacturers, to among other things promote investments and harmonise waste reprocessing. Dubbed the ‘Ghana Recycling Initiative by Private Enterprises’ (GRIPE), the idea is led by Coca Cola,...
The Energy Commission has introduced a Certified Refrigerating App to help consumers identify energy efficient refrigerators and also help the commission eliminate sub-standard refrigerating appliances that are smuggled into the country. Speaking at the launch, Acting Director for Energy Efficiency & Climate Change at the commission, Kofi Adu Agyarko said,...
Government has launched a public register of petroleum contracts, agreements, authorisations and permits in a bid to enhance transparency and accountability in the upstream oil and gas sector. The register, which was curated by senior staff of the Petroleum Commission, is hosted via a web portal and presently contains 17...
Ghana’s latest contract with ExxonMobil Corp for oil exploration in the Deepwater Cape Three Points offshore (DWCTP) oilfield is going to add to a growing list of oil and gas contracts that have been shielded from the public - due to the non-existence of a ‘Petroleum Register’ as required...
Ghana is set to get its first waste to energy recycling plant, as the Ghana Plastic Manufacturers Association readies to establish a £5million recycling facility. The plant, to be located at Akunse in the Eastern Region, will transform sachet-water-bags waste into carrybags, which after use will also be converted -...
US oil prices turned negative for the first time on record on Monday as North America’s oil producers run out of space to store an unprecedented oversupply of crude left by the coronavirus crisis. The price of US crude oil collapsed by more than 105% to -$2 per barrel in...
Industries could heave a sigh of relief by January, following a revelation by Vice President Mahamudu Bawumia that power tariffs could be reduced by as much as 25 percent. “We will actually be seeing some significant reduction in the cost of electricity for industrial production next year in Ghana, and...
Even though Meralco Consortium led by the Manila Electricity Company of the Philippines has been selected by the Millennium Development Authority (MiDA) to manage the state-owned power provider, Electricity Company of Ghana (ECG), under the Power Compact II agreement, it has emerged that the government of Ghana reserves the...
Energy Minister, Boakye Agyarko, has told Parliament that government has cancelled 11 Power Purchase Agreements (PPAs) at a cost of US$402million, given their precarious nature and the total cost of US$7.6billion that would have accrued in capacity charges over a 13-year period. Mr. Agyarko told Parliament last week that:...
The Ministry of Energy has entered into a rental agreement with Trojan Power Limited (TPL), a local independent power producer, to use parts of government’s diesel generator units to generate power for off-take by the Electricity Company of Ghana (ECG) for further distribution to customers. This was contained in the...
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