Fossil fuel consumption is inevitable in both obvious and subtle ways. The widespread use of these resources have immensely improved living conditions across the globe. From the use of electricity, the vehicles we operate and most of the goods consumed, fossil fuels are arguably the spine of modern society...
The volume of gas supplied to Ghana by Nigeria for thermal power production has reduced by about 50 percent.
Natural gas supplied by NGas via the West Africa Gas Pipeline Company Limited (WAPCo) now averages about 60mscf per day as against the contractual volume of 123mscf per day.
The situation has...
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...
French electricity conglomerate EDF, French transnational company Veolia and their local partner CH Group - who have put in a joint bid for the ECG Concession - have rejected the government policy that allocates 51 percent mandatory ownership of the concession to Ghanaian companies.
In a letter dated February 12,...
Karpowership is to deploy its 470MW Karadeniz Powership Osman Khan to the Sekondi Naval Base by the second half of this year.
According to Miss Sandra Amarquaye, Corporate Communications Specialist of the company, thw move is in line with government plans to ensure full utilization of gas resources from the...
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 country’s largest power producer, the Volta River Authority (VRA), is seeking to privatize most of its non-core businesses, as the Authority strategises to become one of the leading power producers in the sub-region.
The initiative is also meant to ensure a more transparent budgeting for tariff requests by the...
Minister for Energy, Boakye Agyarko, is hopeful that within the next 18months, 50 megawatts of solar power will be added to the national grid to augment country’s energy delivery.
Speaking to B&FT after the signing of Memorandum of Understanding on renewable energy between the government and ENI Ghana, Mr. Agyarko...
Deputy Minister of Energy, responsible for Petroleum, Dr. Mohammed Amin Adam, has disclosed that government has decided to pursue an Aggressive Exploration Campaign in a bid to safeguard reserves and sustain production in the upstream oil and gas sector.
Speaking to journalists at the launch of the Petroleum Register, he...
A constitutional and petroleum law expert, Prof. Raymond Atuguba, has questioned the constitutionality of the Petroleum Exploration and Production Act, 2016 (Act 919) which gave rise to the multi-billion-dollar contract recently signed between government and Exxonmobil.
According to Prof. Atuguba, the 1992 constitution vests the management of the petroleum resources...