Energy experts at the Africa Energy Conference 2022 have advised the African Continent Free Trade Area (AfCFTA) members to come together in order to create a competitive front in nuclear power, which has become the new energy wave for industrialisation.
Speaking on the theme ‘Sustainability and the Role of Nuclear...
Barring any hitches, the Electricity Company of Ghana will be handed over to a private entity by last quarter - as part of the conditions under which government accepted the under-US$500million Millennium Challenge Compact Two from the United States of America.
The Millennium Development Authority (MiDA) announced on Monday when...
2021 power supply hinges more on thermal plants
IES demands proper coordination to guarantee fuel supply
The water level of Bui Power’s facility had dropped to its lowest at 166.83 metres above sea level (masl) by the end of May 2021, which is 1.17 metres below its minimum requirement...
GOIL Company Limited has opened its 410th station at Darkuman in Accra, with a promise to reach all underserved communities across the country.
Group CEO and Managing Director of GOIL Company Limited, Mr. Kwame Osei Prempeh, disclosed this when he officially opened the modern one-stop shop service station near the...
Woodfields Energy Resources Limited, a petroleum operating company, has emphatically stated that it is not indebted to the Tema Oil Refinery (TOR) as has been published in a section of the media. According to the company it has over the years been diligent with its payment schedule with TOR...
…to stop post-harvest losses, boost exports
The Ghana Atomic Energy Commission (GAEC) is pushing for the setting-up of radiation facilities across the country to support the food export market as well as prevent post-harvest losses.
According to the Commission, radiation is one of the best methods to address the perennial post-harvest...
…to allow gov’t settle US$92m debt
Government is opting to allow the 250-megawatt (MW) Africa and Middle East Resource Investment (AMERI) deal to run until end of April 2021, Benjamin Boakye, Executive Director of Africa Centre for Energy Policy (ACEP), an energy think-tank, has told the B&FT.
Government through the...
The economic shock experienced by most economies caused by the coronavirus (Covid-19) pandemic can have widespread and dramatic effect on investments in the energy sector. The baseline expectation for 2020 is a widespread global recession caused by prolonged restrictions on mobility and social and economic activity. With a gradual...
Total Petroleum Ghana Limited has presented Veronica buckets and other sanitation equipment to driver unions in three regions, as part of efforts to stop the spread of the Coronavirus (COVID-19) in the country.
The oil marketing company made the gesture at the Sankpala taxi rank in Tamale, Northern Region and other...
Group Profits of Ghana Oil Company Limited (GOIL) increased by 21 percent to GH¢65.1million in 2017. GOIL as a company also recorded a profit after tax of GH¢39,335,000 compared to the GH¢35,256,000 recorded in 2016
GOIL also paid GH¢1.128bn as taxes and levies to government during the same year.
This was...