The Renewable Energy and Energy Efficiency in the Public Sector Project (REEEPublic) of GIZ Ghana has held one of its key stakeholder engagements in Accra to present, discuss and validate 20 Action Groups under the proposed Public Facility Sustainable Energy Action Plan (PF-SEAP).
Together with GIZ, its partners, and other...
The newly constituted board of GOIL Company Limited (GOIL) has said it will prioritise growing the firm's profit by strengthening proper systems, efficiency while reducing waste.
GOIL’s profit after tax in 2020 dropped to GH¢90.03 million down by 14.5 percent compared to the previous year’s GH¢105.5million.
But the new board, chaired...
…as Lukoil raises concerns on significant changes to agreements
The Energy Minister, Dr. Matthew Opoku Prempeh, has offered the strongest assurance yet to investors and other upstream petroleum stakeholders on Ghana National Petroleum Corporation’s (GNPC) ability to finance and operate the oil blocs it is seeking to increase its stake...
For more than two decades, Russia has been struggling to help Africa overcome its energy deficit, with little success. But now, with financial support from the European Union (EU), two international organizations have been chosen as modelling partners for the development of the African Continental Power Systems Master Plan...
The Board Chairman of Nuclear Power Ghana (NPG), Prof. Benjamin Nyarko, has said that adding nuclear power to the nation’s energy mix will push down cost of production, thereby leading to lower cost of goods and services.
He said locally produced goods are usually expensive due to the high cost...
ESLA Plc has announced an exchange offer for swapping GH¢1.2billion of Tranche E1 bonds due in October 2024 for Tranche E3 bonds due June 2029.
Essentially, this exchange offer will restructure the maturity profile of the outstanding bonds by converting either the whole or part of the 2024 maturity into...
To address the high energy cost industry bears in the country, government is considering introducing special tariffs for some sectors in order to help them become competitive, Energy Minister Matthew Opoku Prempeh has revealed.
This comes on the back of several complaints and concerns expressed by the Association of Ghana...
Karpowership Ghana has been adjudged the “best company in mentorship programmes and initiatives” at the Women in Mining and Energy Awards.
The award recognized the power producing company for the numerous initiatives it has rolled out to mentor young people into great adults, and programmes aimed at helping resolve challenges...
The current news cycle, particularly from July up to date, has been dominated by a variety of unprecedented and widespread global warming anomalies. The month July of 2021 has been declared the hottest month ever on record; the records started some 142 years ago.
I certainly became very wary when...
GOIL Company Limited has opened its 410th station at Darkuman in Accra, with a promise to reach all underserved communities across the country.
Group CEO and Managing Director of GOIL Company Limited, Mr. Kwame Osei Prempeh, disclosed this when he officially opened the modern one-stop shop service station near the...
