Stakeholders in the mining sector have called for broader stakeholder consultation on the Agyapa Royalties Agreement to ensure that the country is not shortchanged. To them, the suspension of the Agyapa Royalty deal until proper measures are taken to ensure citizens benefit is good for the nation and the citizenry.
Executive...
says facility will cushion energy security, offer cheaper gas
projects demand to outstrip current supply
The Ghana National Petroleum Corporation (GNPC) has said the new regasification plant being constructed at the Tema Liquefied Natural Gas (LNG) Terminal will safeguard the country’s future energy needs and usher in an era...
The Energy Minister Dr. Mathew Opoku Prempeh has said the Akufo-Addo-led government will support the Tema Oil Refinery (TOR) to become a premium refinery in the sub-region. The support he mentioned could among other things be in the form of strategic partnership aimed at making TOR realise its fullest...
Tullow Oil reported a post-tax loss of US$1.22 billion for 2020, but is confident that its Ghana business, where it plans to drill four wells this year, will deliver sustainable and profitable production.
“We will start a multi-year, multi-well drilling programme in Ghana next month to deliver sustainable and profitable...
Upon attaining independence in 1957, Osagyefo Dr. Kwame Nkrumah the new leader of the country found energy as an enabler to economic liberation, having achieved political liberation.
Osagyefo saw the need for adequate, accessible, consistent, and affordable electricity to help boost agriculture, increasing trade, improving transportation, expanding industries; serving as...
The Institute for Energy Security (IES) has questioned the decision to build a regasification facility at Tema Liquefied Natural Gas Terminal - warning that it could worsen the unutilised gas situation confronting the economy.
The country forks out an estimated US$700million yearly to pay for gas it does not use...
The world’s largest oil companies are set for a cash flow bonanza this year, probably at record levels, as massive cost cuts in the wake of the 2020 oil price and oil demand collapse have significantly lowered the corporate cash flow breakeven for many firms.
After posting record losses in...
After falling significantly in 2020, oil prices have returned to pre-pandemic levels
The rise has been driven by OPEC+ production cuts and an improving economic climate
Higher prices are likely to support a rebound in oil-producing emerging markets
Further virus outbreaks or increased production would pose challenges to...
So Energy, a leading oil marketing firm and Sahara Group’s subsidiary, has again enhanced customer access to unique service experience by officially opening he So Kojokrom Station, located on the Takoradi highway in the Western Region of Ghana.
The new station, beautifully presented in the modern and vibrant colours of...
The West African Gas Pipeline Company Limited (WAPCo), owner and operator of the West African Gas Pipeline (WAGP), has indicated that the improvement in bi-directional flow and significant reliability of gas supply from Nigerian gas has boosted its role as a reliable partner in meeting cleaner energy needs of...