Officials of Intercity STC (ISTC) are upbeat about their new alliance with engine-oil supplier Exol Lubricants, which they reckon is saving the company from having to invest more in constant changes of oil.According to a Deputy Managing Director, Technical Services at Intercity STC, Ing. John Awuku Dzuazah, the company...
Efforts to recycle plastic waste in country have received a major boost following the signing of a Memorandum of Understanding between eight leading manufacturers, to among other things promote investments and harmonise waste reprocessing.Dubbed the ‘Ghana Recycling Initiative by Private Enterprises’ (GRIPE), the idea is led by Coca Cola,...
Electricity tariffs could drop much lower than government is planning to reduce them if the multitude of taxes on petroleum products, which feed into the tariffs, are clipped one way or another, Professor Felix Asante, Director of the Institute of Statistical, Social and Economic Research, has said.“I was personally...
Despite legitimate concerns about pollution and greenhouse gas emissions, coal will continue to be significant in the future, the International Energy Agency (IEA) has said.It urges “greater efforts…by government and industry to embrace less polluting and more efficient technologies to ensure that coal becomes a much cleaner source of...
As part of efforts for the country to consider wind power generation, a 15-member delegation of engineers energy experts from the country have visited Lekela, a renewable power generation company in South Africa.The visit by the 15 engineers and managers from the Ghana Grid Company (GRIDCo), and the Electricity...
Mr Egbert Faibille Jnr, Acting Chief Executive Officer of Petroleum Commission, has said as a first step to enhance the capacity of Ghanaians in the oil and gas operations, it was important to reduce expenditure by indigenising training and minimizing overseas training.He said the government was committed to ensuring...
The Control Room of Ghana Grid Company (GRIDCo) at Choggu in Tamale of the Northern Region has been gutted by fire, leading to a total power outage in the region.The incident which occurred around 7:00pm Monday evening, saw most of the equipment in the control room destroyed after being...
The FPSO Kwame Nkrumah will be shut down in early 2018 to allow for continuation of repair works, Minister of Energy, Boakye Agyarko, has said.“The repair works on the turret of the FPSO Kwame Nkrumah, also referred to as the Turret Remediation Project (TRP), is being done in two...
Energy Minister, Boakye Agyarko, has told Parliament that government has cancelled 11 Power Purchase Agreements (PPAs) at a cost of US$402million, given their precarious nature and the total cost of US$7.6billion that would have accrued in capacity charges over a 13-year period.Mr. Agyarko told Parliament last week that:...
The Energy Minister, Boakye Agyarko has told investors at the just ended 24th Africa Oil Week in Cape Town, South Africa that Ghana is the most stable and receptive country for investment in the upstream oil and gas sector in the West Africa sub region.The Minister was among five...