...as 450 local workers face job losses The country's bid to ensure that locals play a key role in the oil and gas industry is set to face major setbacks due to disruption caused by the Coronavirus pandemic and the collapse in oil prices. The industry, over the past six years,...
Huawei's new ICT empowers smart grids Electric power companies around the world are looking to improve quality and efficiency by deploying data centers and reconstructing management platforms July 13 marked the Seventh Huawei Global Power Summit themed "Bits Drive Watts, Building a Fully Connected Smart Grid". Held online, the summit invited...
… Providing vital power infrastructure to meet dev.’s needs Very few people across the world expected to begin the year 2020 locked up in their homes, and faced with restrictions on some of their social freedoms. While many heard the news about the soaring coronavirus infections in China in December...
So far, an estimated US$324million worth of drilling, acquisition and interpretation of seismic, geological and geophysics data projects have been postponed across the petroleum upstream sector, the National Petroleum Commission has said as the coronavirus pandemic continues to wreak havoc on the country’s oil and gas industry. Among them is...
The International Energy Agency (IEA) bumped up its 2020 oil demand forecast last week Friday but warned that the spread of COVID-19 posed a risk to the outlook. The Paris-based IEA raised its forecast to 92.1 million barrels per day (bpd), up 400,000 bpd from its outlook last month, citing...
Renewable energy offers a clean and sustainable future for Ghana and Africa in a post COVID-19 world, Raymond Nuworkpor, Research and Policy Analyst at the Institute for Energy Security (IES), has said. “It is the resilience of renewables to the COVID-19 pandemic, combined with the falling cost of power generation...
Good news is in short supply during any crisis, and this one has been no exception. The energy industry is being pummeled to the ground by low oil and gas prices, crippled demand for hydrocarbons, and unfriendly banks. But there is one part of this space generating good news:...
The Bulk Oil Storage and Transportation Company Limited (BOST) was fumigated and disinfected by Dansworld Services Limited in a bid to kill all viruses and bacteria that might be present in their premises. The fumigation exercise was carried out in response to the COVID-19 pandemic which some staff members...
GOIL Company in Ghana (GOIL), in partnership with the Ghana Interbank Payment and Settlement Systems (GhIPSS), has launched the gh-link card on GOIL’s Point of Sale (POS) devices for use across the country. With this development, all gh-link cards used mainly by banks and other financial institutions can now be...
The Management of the Ghana Grid Company (GRIDCo) has announced that staff of its Tema Office would immediately undergo COVID-19 testing, as a precautionary measure, after a staff tested positive for COVID-19. According to the Company, while a comprehensive contact tracing process has also begun in order to ensure appropriate...