In the United States, nuclear energy just can’t catch a break. Despite the fact that generating carbon-free energy has never been more important, the nuclear energy industry has been waning for years in the U.S. and now struggles to turn any profit, even while nuclear energy industries are going...
Well shut-ins typically last a few days or weeks at most, but oil companies have adopted stringent virus precautions for refinery and offshore staff, including frequent health checks, travel restrictions, onsite protective gear, and longer work stints with pre-departure quarantines. More time-consuming evacuations and slower restarts could lengthen post-storm recoveries,...
The push for renewable energy to dominate the future energy architecture on a global level, to supplement and eventually substitute the more polluting traditional energy sources known as fossil fuels, have always been met with stiff opposition and some challenges. In spite of the drawbacks which includes intermittency, costs,...
Officials of the Ghana Grid Company (GRIDCo) have served notice to Galamsey operators at Denkyira Brofoyedru in the Central region, to desist from mining activities close to their power transmission towers. Activities of Galamsey miners have become a menace to power supply in some localities in the Central and Western...
Insights from the African Economic Outlook report for 2020 indicate that although the economy of Africa grew at 3.4% in 2019, North Africa accounted for the largest economic output, contributing 44% of economic growth in Africa – the high level of economic growth in the region is mainly attributed...
Aker Energy Ghana Limited has reaffirmed its commitment to finding a solution that will allow for the commencement of a phased development of the Pecan field offshore Ghana. “In a time when most other E&P companies are putting development projects on the shelf due to the COVID-19 situation and historic...
The Association of Oil Marketing Companies (OMC) has said that by end of this week its members will increase petroleum prices by a minimum of 14 percent. Kwaku Agyemang Duah, the association’s chairman, told the B&FT that the move is due to some significant events during June’s first pricing window...
Globally, access to substantial quantity and quality energy infrastructures have been found as essential to rapid and sustainable socio-economic development. According to the International Energy Agency (IEA), modern energy services, particularly, electricity and gas have an effect on productivity, health, education, safe water, and communication services. Ahali (2015) finds...
Zen Petroleum Limited has presented items worth GH¢50,000 to the Effia-Nkwanta Regional Hospital at Sekondi to support health workers in their fight against the coronavirus disease (COVID-19). The items are 100 boxes of nose masks, 400 boxes of examination gloves, 30 (5-litre) gallons of sanitisers, 200 (ml) of sanitiser, six...
The National Petroleum Authority (NPA) has said that per its calculations, the directive to Oil Marketing Companies to increase the Bulk Oil Storage and Transport (BOST) margin on petroleum products from 3 pesewas to 6 pesewas effective June 1 will not increase the cost of petroleum products beyond 0.5...