Chief Executive of Ghana Cocoa Board (COCOBOD), Joseph Boahen-Aidoo has reiterated his call on the European Union (EU) to reconsider the element of cocoa pricing in its legislation. According to him, the legislation in its current form cannot sustain the industry and improve incomes of cocoa farmers. Mr Aidoo made...
The Ghana Oil and Gas Insurance Pool (GOGIP) raked-in a gross premium income of about GH¢302million (US$63million) in 2018 and GH¢267million (US$48million) in 2019, representing a dip of about 12%. According to latest reports from the National Insurance Commission (NIC), GOGIP is made up of 22 non-life insurance company and...
For the first time in the history of the Offshore Technology Conference (OTC), which is held annually in the American city of Houston, Ghana will have a Pavilion at the April 30 to May 3, 2018 event. This is according to the Commercial Section of the United States Embassy in...
Consumers’ hopes of lower fuel pump prices following a fall in international prices will be wiped out by the cedi’s persistent depreciation, energy think-tank Institute for Energy Security (IES), has projected. Petrol and diesel fell 10.96 percent and 0.54 percent respectively on the international market, and should lead to reductions...
 – LPG Association to gov’t Liquefied Petroleum Gas Marketing Companies are appealing that government should reconsider the decision to introduce 18 pesewas tax on every kilogramme of gas bought by a consumer. It believes such action will derail efforts aimed at boosting the LPG gas penetration from 25% to 50%. Gabriel...
As the novel coronavirus continues to bite hard and ravage livelihoods and economies, Oil Marketing Company, GOIL Company Limited has demonstrated its commitment towards the welfare of the country by embarking on a number of interventions to limit the effects and spread of the pandemic. The CIMG Hall of fame...
Yecham Property Consult in conjunction with the IFC –EDGE Program and supported by the Embassy of Denmark, hosted a virtual edition of the Ghana Green Building Summit from July 23rd to 24th July, 2020 at the head office of CalBank. The iconic tower, which was the perfect setting to host...
Springfield E&P (SEP) and ENI Ghana Exploration Limited ( ENI) have been directed by  government to commence immediate talks on unitization of the Afina and Sankofa fields offshore Ghana (operated by SEP and ENI respectively). Based on technical evidence that the reservoir straddles both blocks, government directed in a letter...
The amount of gasoline consumption has increased significantly the world over with the United States’ Energy Information Administration (EIA) projecting that global liquid fuel consumption could reach an average of 100.3 million barrels per day (b/d) in the first quarter of 2020. Although this would translate into increased revenue mobilisation...
President Akufo-Addo has appointed former Minister for Inner City and Zongo Development, Dr. Mustapha Abdul-Hamid  as the new Chief Executive Officer of the National Petroleum Authority (NPA). He is expected to assume office on July 1, 2021 and will succeed Alhassan Sulemana Tampuli, now a Member of Parliament for Gushegu. A...