The Ghana Upstream Petroleum Chamber has called on the Secretary to the Economic Management Team, Prof. Joe Amoako-Tuffour, in the Vice President’s office at Jubilee House. The team was led by Mr. Joe Mensah, Senior Vice President & Head of Kosmos Energy Ghana; Chairman of the Council of the Chamber,...
... calls for local production of components   By Thomas-Moore ADINGO ([email protected]) The global solar energy market is growing in leaps and bounds, with its value expected to reach US$223.3 billion by 2026 from US$52.5billion in 2018 at annual growth rate of 20.5 percent - but with the country only...
There is an urgent need to review and rethink the utilisation of oil revenues from consumption to investment, Dr. Steve Manteaw, Co-Chair of the Ghana Extractive Industries Transparency Initiative (GHEITI), has said. He said it would be more prudent and sustainable if the country treats its oil and other natural...
Tullow has affirmed its commitment to Ghana’s socio-economic growth through its operations in the country. The UK-based multinational oil and gas company, currently operates the two main oil fields in Ghana - Jubilee and TEN. Together with its partners, Kosmos Energy, Ghana National Petroleum Company (GNPC), Petro SA and Jubilee Oil...
Gov’t working to revive company’s fortunes Debt reaches more than US$340m The reliability on imports of crude oil and its finished products for processing at the Tema Oil Refinery (TOR) is still deepening the company’s financial woes, Deputy Minister designate for Energy, Andrew Egyapa Mercer, has admitted. He said the...
Ghana’s Leading Oil Marketing Company, GOIL is rewarding its cherished customers in the Tema Zone with gift items during this festive season in a promo dubbed “Akpe Promo” to reward their loyal customers. The Gift items include food items like rice, oil and canned meat, GOIL-branded souvenirs, African cloths, first...
The oil market is facing an unprecedented crisis as COVID-19 causes demand destruction and OPEC+ has proven powerless to stop oil prices from crashing. But behind what seems like an endless flow of bearish news, a new bull market is already forming. CAPEX and OPEX cuts by nearly every oil...
Over one thousand customers of oil marketing giant GOIL within the Offinso area of the Ashanti Region have been rewarded for their loyalty to the company. They received various items including pieces of textile, T-shirts and other items to protect themselves against COVID-19 among others. The Upper Middle Belt Zone of...
The current management of the Bulk Oil Storage and Transportation Company Limited (BOST) has serviced the entire debt of the company, ushering a new lease of life to the once struggling state-owned enterprise. The managing director of BOST Edwin Provencal said the company’s current management has cleared all the monies...
The Ghana Grid Company Limited (GRIDCO) and the Korea Electric Power Corporation (KEPCO) have signed an agreement for the establishment of a GRIDCO Centre of Excellence at the Kwame Nkrumah University of Science and Technology. The training centre would be equipped with the state of the art facilities that would...