Government’s decision to suspend the Price Stabilisation and Recovery Levy (PSRL) - a fund set aside to cushion consumers in times of high global crude prices - has proven unrealistic for tackling rising prices at domestic pumps, the Institute for Energy Security (IES) has said. Ghanaians pay GHp16 on a...
AMERI Energy has said it gave Ghana value for money in the US$510 million power plants it supplied the country during the acute power crisis. AMERI, in a statement ahead of a scheduled meeting with the Energy Committee of Parliament, said even though they are confident of the integrity of...
The CEO of the Ghana Upstream Petroleum Chamber, David Ampofo, has said there is sufficient locally produced natural gas offshore in addition to imports from Nigeria to satisfy the demand for gas in the country now and in the medium term. He said, “the importation of LNG is rather late...
A road show to present the much-awaited energy bond to investors is expected to start on Monday, October 16, through to October 19, in New York, Boston, and in London, to raise about GH¢6billion as first tranche. “Presumably, a week after the road show we would expect settlement of the...
A popular pub at Nhyiaeso in Kumasi - +2 Pub - is facing closure due to its location. The pub has become a popular converging spot for many patrons in the Kumasi metropolis with live band music played during weekends and holidays. It is, however, located right under an electricity...
Tullow Ghana announces that Kweku Awotwi, Managing Director of Tullow Ghana, and Executive Vice President of Tullow Oil plc, will be retiring from Tullow on 30th June. Kweku will hand over his responsibilities to Wissam Al Monthiry who becomes Managing Director, Tullow Ghana, over the coming weeks before leaving the...
The COVID-19 pandemic has hit every part of the energy industry, but investments in renewables are set to drop the least, while renewable energy stocks have outperformed the broader market since U.S. stocks cratered in March. Within the renewable sector, solar stocks have been on an uptrend for two years,...
Donors to contribute9% of agric sector CAPEX, despite transformation beyond aid agenda SEND Ghana warns of serious implications Government is still worryingly reliant on Development Partners (DPs) to fund capital investments despite President Nana Akufo-Addo’s ambitious ‘Ghana Beyond Aid' agenda, SEND Ghana has observed. It said despite the government’s...
Vivo Energy Ghana, the Shell Licencee, in partnership with its retailers has installed three water storage tanks and handwashing facilities at the Koforidua Central Market and Lorry Parks to ensure regular supply of water for handwashing toward the fight against COVID-19 in the Eastern region. The initiative forms part of...
as Miniplast marks one year of operating its 782 KWp rooftop solar plant With the call for more renewable sources of energy in full force across the globe, Accra-based Miniplast Limited, a leading plastic manufacturing and recycling company, has taken a major step towards the development of greener industries...