Government is to resume ownership of the 250-megawatt (MW) Africa and Middle East Resource Investment (AMERI) thermal power plant from February 1, 2021 per the terms of the deal. The Dubai based firm arrived in the country in October 2015 to assist in resolving the power crisis at the time....
Woodfields Energy Resources Limited, a petroleum operating company, has emphatically stated that it is not indebted to the Tema Oil Refinery (TOR) as has been published in a section of the media. According to the company it has over the years been diligent with its payment schedule with TOR...
The Minister of Energy, Dr. Matthew Opoku Prempeh, has called for more consumer advocacy to ensure that in all areas, the rights and interests of consumers are protected. Dr. Prempeh, who is also the MP for Manhyia South, made the call when he received the head of the Consumer Protection...
Government is committed to supporting the Volta River Authority (VRA) and Bui Power Authority, both state-owned, to reach their full renewable energy (RE) potential, Minister of Energy, Dr. Matthew Opoku Prempeh, has said. The VRA, the country’s largest power generation company which accounts for about 48 percent production, is diversifying...
Fuel prices in Ghana are likely to hit GH¢7 per litre as pump prices are expected to be increased between GHp30 to GH40 per litre, the Institute of Energy Security (IES) has predicted. The increase is coming on the back of the 7.42 percent increase in the price of Brent...
The Volta River Authority (VRA) has pledged to put innovation at the forefront of its operations, as part of efforts to remain the leading choice for power supply. “There is competition locally, and the policy and regulatory environment is adapting rapidly to the global energy trends. “These are cumulatively re-defining our...
West Africa industry leaders, experts, and decision-makers in the petroleum downstream industry are gearing up for what is anticipated to be the largest Ghana International Petroleum Conference (GhipCon) yet as organisers reveal another milestone for the West Africa’s most influential oil and gas event. The conference, which is being organised...
The Volta River Authority (VRA) has installed two ultra-modern 3D mammogram machines for its health facilities in Akosombo and Accra. The gesture, championed by the VRA Ladies‘ Association, forms part of the Authority’s resolve in the fight against breast cancer in the month of October, which is dedicated worldwide as breast...
As part of efforts to bridge the gap between industry and higher learning education and to complement government efforts to decrease the graduate unemployment rate, Puma Energy Ghana and the College of Engineering at the Kwame Nkrumah University of Science and Technology (KNUST) have announced a strategic partnership to...
Energy sector levies collected from 2016 to December 31, 2022 under the Energy Sector Levies Act (ESLA) stood at GH¢18.35billion at the end of last year, according to the 2022 annual report on management of these levies. Despite this performance, the report by the Ministry of Finance highlighted that collection...