Government has hinted that it is open to partnerships to revive the fortunes of the ailing Tema Oil Refinery (TOR). According to the Minister of Energy, Dr. Matthew Opoku Prempeh, the nation’s only oil refinery will not be allowed to go down under any circumstances, as it not only plays...
Gov’t working to revive company’s fortunes Debt reaches more than US$340m The reliability on imports of crude oil and its finished products for processing at the Tema Oil Refinery (TOR) is still deepening the company’s financial woes, Deputy Minister designate for Energy, Andrew Egyapa Mercer, has admitted. He said the...
CSOs demand in wake of ExxonMobil’s exit Government needs to overhaul the petroleum agreements (PA) regime to make the industry more attractive to international oil companies, energy sector Civil Society Organisations (CSOs) have said, following the recent exit of American oil multinational ExxonMobil. The oil major’s exit - coupled with...
The attention of Springfield Exploration and Production  Limited (Springfield), has been drawn to various print and electronic media publications on the topic of the unitization of the Afina and Sankofa fields with statements attributed to Eni Ghana Exploration and Production Limited as well as to ACEP,  PIAC and IES....
The Institute for Energy Security (IES) has received a World Climate Clock - the first of its kind in Ghana, for its leading role in the fight against climate change. The World Climate Clock was presented by Jerome Ringo, the Founder and Chairman of Zoetic Global and goodwill ambassador for...
Puma Energy Distribution  has launched its latest retail site on the Lake Road, near the Ghana National Fire Service, in Atonsu a suburb of Kumasi. This achievement is in line with keeping with the company’s promise of delivering on the last mile to bring its brand purpose of “Energizing...
Businesses that fail to transition from conventional energy to renewables could soon pay dearly in carbon emission tax, an energy and sustainability expert has projected. Globally, concerted efforts are being made to reduce carbon emissions and its effects on the environment and human lives - and this could soon lead...
The Ghana Grid Company Limited (GRIDCo) has signed an agreement with CSQUARED, to lease its excess fibre capacity to mobile network operators and Internet Service Providers in Ghana. CSQUARED is a technology company, making commercially driven investments into broadband-enabling infrastructure throughout Africa. GRIDCo’s operations involve the use of an Optical Ground...
…Hiking tariffs equals endorsing and promoting inefficiencies Rather than having to hike electricity tariffs to raise revenue for retooling of transmission and distribution networks and pay a US$1billion debt owed Independent Power Producers (IPPs), focus must be placed on fixing inefficiencies of power utility companies, the Institute for Energy Security...
It will do the economy, particularly the energy industry, a whole lot of good if the government start to take steps toward developing a comprehensive national policy and roadmap on hydrogen energy. This, according to energy think-tank Institute of Energy Security (IES), could stimulate capital spending on new infrastructure, give...