Government has been advised to prioritise local content and local participation in awarding upstream petroleum contracts, as it prepares to launch its first-ever bidding round in the growing industry.
Government announced recently that it will be issuing new licences to deserving companies by the fourth quarter of this year, during...
The 2018 Work Programme of the Ghana National Petroleum Corporation (GNPC) is expected to be approved soon, following the laying of paper on the floor of parliament.
The First Deputy Speaker of Parliament, Joe Osei-Owusu, has subsequently referred the work programme to the Mines and Energy Committee for consideration and...
A self-styled contractor of the Electricity Company of Ghana working around Oyarifa-Teiman in the Greater Accra Region is, in connivance with some opinion leaders of the area, charging residents between GH¢370 and GH¢490 under the pretext of providing them with ECG meters.
The said contractor, whose name the B&FT could...
Oil retreated late on Thursday as the U.S. dollar rebounded from early losses and strengthened, denting support for the latest crude rally, but tight U.S. supplies limited the commodity’s decline.
The U.S. dollar rose against a basket of currencies .DXY after President Donald Trump said he wanted a “strong dollar.”...
Contrary to speculations in the public sphere that the 400MW Bui power plant has been a ‘white elephant’, its management argues that it has been “a very profitable investment,” whilst delivering critical support to power stability.
At a press briefing on Monday, management of the plant said since 2014, a...
Ghana Oil Company Limited (GOIL) has been adjudged the Overall Best Taxpayer 2017 (Customs Division) by the Ghana Revenue Authority (GRA).
At a ceremony to present the award in Accra, the GRA recognised GOIL’s demonstrable ability to do business in compliance with the law.
Over the years, GOIL has won several...
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...
As developing countries embrace innovation that will guarantee faster solutions to energy challenges, GE Power and Marinus Energy has announced a pilot project to capture Isopentane gas and use it as a fuel source for generating electricity.
The Atuabo Waste to Power Independent Power Project (“Atuabo”) will be the first TM2500 power plant in...
President Akufo-Addo has said that his government, over the past twelve months, has brought relative stability to the power sector in place of the erratic power situation popularly known as dumsor that it inherited.
Highlighting his government’s achievements in its first year in office, the president underlined the importance of...
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...