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...
Ghana will supply Burkina Faso with 100MW of electricity daily after completion of the 225kva Bolgatanga-Ouaguadougou interconnection project, William Owuraku Aidoo, a Deputy Minister of Energy, has said.
Ghana has been supplying power to Burkina Faso, albeit in smaller quantities, since 2003; moving up from 0.5MW to 9.2MW in 2013....
The Akufo-Addo-led government has fulfilled its promise of reducing the cost of electricity in the country for both residential and industry users.
Presenting the 2018 Budget statement and Economic Policy to the legislature, the Minister of Finance Ken Ofori-Atta said the government in 2018 will work towards keeping the lights...
The Chief Executive of the Petroleum Commission, Mr Egbert Faibille Jnr, has warned companies engaged in transfer pricing to stop the practice immediately or face the wrath of the Commission, as such practice impacts the economy negatively.
He confirmed that the Commission is fully aware that most foreign companies in...
Ghana, one of Africa’s democratic standard bearers, is a relative newcomer to the oil sector. Having surpassed oil development’s teething problems, it has remained highly committed not to scaring foreign investors away and keep existing covenants intact. While the nation’s energy outlook is improving, significant challenges remain.
This year saw...
President Nana Addo Dankwa Akufo-Addo, on Wednesday, November 8, 2107, pulled the symbolic switch to officially inaugurate Cargill’s solar facility at the company’s factory in Tema.
The President in a brief remark congratulated Cargill for the initiative and said the move to host solar powered energy is in line with...
President Nana Addo Dankwa Akufo-Addo, on Wednesday, November 8, 2107, pulled the symbolic switch to officially inaugurate Cargill’s solar facility at the company’s factory in Tema.
The President in a brief remark congratulated Cargill for the initiative and said the move to host solar powered energy is in line with...