Saturday, August 13, 2022
Puma Energy, a leading multinational oil marketing company in Ghana, has added another branch to its nationwide rollout. The new Pantang retail service station adds to over 80 retail sites nationwide. The Pantang retail service station was officially opened to the public with the ever-present Puma Energy top-tier customer service...
...says delays deny state of much-needed revenue The Africa Centre for Energy Policy (ACEP) has urged government to review exploration contracts of companies that have failed to invest in their oil blocks. In all, about 12 oil agreements, awarded prior to 2016, are said to be idle. The delay in exploring...
The two-world leading producers of cocoa, Ghana and Cote d’Ivoire have agreed to the establishment of an office, in Ghana, responsible for the implementation of the Living Income Differential (LID), a major cocoa initiative aimed at addressing the poor living conditions among cocoa farmers. The signing of the bilateral agreement...
The Bank of Ghana has taken steps to address the perennial shortage of dollars for the local petroleum sector, with the introduction of a foreign exchange forward auction for Bulk Oil Distributing Companies (BDCs). According to the central bank’s guidelines, the FX Forward Auctions - which are exclusive for BDCs...
The far-reaching implications of finding commercially viable quantities of oil and gas in deepwater drilling off Ghana was one of several topical issues explored by Kevin Okyere, CEO-Springfield Group, in an in-depth interview he gave recently to Oxford Business Group’s online broadcasting channel, Global Platform. Okyere told OBG that Springfield’s...
Natural gas transporter West African Gas Pipeline Company (WAPCo) has doubled its capacity from an initial 70mmscf per day to 140mmscf per day. According to management, the infrastructural expansion works - which cost some US$3.5million - will enable the company to transport higher volumes of natural gas to VRA, aside...
The proposed deal to allow the Ghana National Petroleum Corporation (GNPC) to acquire significant stake in Aker Energy’s two oil blocks can best be described as a strategic defence for the economy in the long term, the Institute for Energy Security (IES) has said. The civil society organisation believes that...
Shell has had operations in West Africa for more than 80 years, playing a vital role in delivering cleaner, affordable energy to the region. As part of the company's Powering Progress strategy, it has set ambitious goals that lay out how it believe Shell can and must play a role...
Nine Ghanaian cocoa farming unions have been awarded grants to invest in new climate-smart small businesses on behalf of their members, as part of a scheme implemented by Fairtrade Foundation. Each new enterprise aims to pilot new ways for cocoa farmers to earn extra money to supplement their incomes and,...
Government’s fight against illegal mining has cut out supply to local jewellers whose main source of raw material is small-scale miners, pushing some to the brink of collapse. If government can help them find other sources of supply - since no one sets eyes on gold produced by large-scale multinationals...
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