The agreement signed with Exxonmobil of America in respect of the Deepwater Cape Three Points oil block is among the best compared to other agreements signed in the past, as it is a culmination of lessons learnt in the ten years of the sector, Energy Minister Boakye Agyarko, has...
The Volta Aluminum Company (VALCO) is expected to benefit from an additional 75MW of hydro power at a competitive price of US$0.035/kwh in the first quarter of 2018. This will expectedly enable the aluminum smelting company to expand production from the current one pot-line to two pot-lines. According to a report...
Residents of resettled communities within the enclave of the 400megawatt Bui Hydroelectric project have appealed to authorities for bill-free electricity supply as part of their compensation package. They say construction of the dam has adversely affected their source of livelihood – farming and fishing, thus rendering them too financially incapacitated...
Last year January (2017), premix fuel consignments loaded from the Tema Oil Refinery were not delivered to the intended destinations indicated on the Invoices and Returns of the Oil Marketing Companies - OMCs.  In all instances although the product was documented to be bound for the Volta Region, they ended...
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...
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...
One lesson Ghanaians ought to have learnt from the extended power crisis suffered recently, is that the pace of our country’s development will be slow and uncompetitive, if it is not supported by a strong and efficient power sector. Ghana is today set on an industrial development path; propelling...
Residents of resettled communities within the enclave of the 400megawatt Bui Hydroelectric project have appealed to authorities for bill-free electricity supply as part of their compensation package. They say construction of the dam has adversely affected their source of livelihood – farming and fishing, thus rendering them too financially incapacitated...
The Chief Executive of Tullow, Paul Mcdade has said that Tullow delivered strong operational and financial performance in 2017 against the backdrop of continued industry volatility. According to him, the business is expected to generate free cash flow of $0.5 billion, above expectations, due to high levels of operated production...
Government intention for the energy sector is to build synergies and network with various institutions in order to achieve energy aspirations to benefit the citizens. Minister of Energy, Boakye Agyarko speaking at the first quarterly meeting with Chief Executive Officers in the petroleum said: “As a sector, we will build...