The Petroleum Commission in partnership with Tullow Ghana Limited, has transformed the Sargassum seaweed into raw material, used in the fishing communities. The Sargassum seaweed, (a leafy rootless and buoyant algae that bunch up around ocean) hitherto, was a public nuisance that came along some coastal beaches in the country...
Eni Ghana Exploration and Production and Vitol Upstream Ghana have received a positive decision from an international arbitral tribunal regarding their unitisation dispute with the Republic of Ghana, ruling in favour of their long-standing opposition to the Ministry of Energy’s unitisation directives. The international arbitral tribunal has concluded that the...
The International Energy Agency (IEA) bumped up its 2020 oil demand forecast last week Friday but warned that the spread of COVID-19 posed a risk to the outlook. The Paris-based IEA raised its forecast to 92.1 million barrels per day (bpd), up 400,000 bpd from its outlook last month, citing...
Recently, climate change has come to the forefront of contemporary and social issues. Due to expedite in global environmental issues, the low-carbon concentration and content of natural gas have made natural gas a major energy source of most economies. First, natural gas is much more environmental friendly than the combustion of...
... 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...
Management of Sunon Asogli Power Ghana Limited have assured Energy Minister Dr. Mattew Opoku Prempeh of full support and cooperation in the power sector. The Director of Ghana's largest independent power producer, Togbe Afede XIV, last week led a six-member delegation to pay a visit to the sector minister at...
The Tema Oil Refinery (TOR) is determined to replace its damaged furnace by the fourth quarter, which will return the refinery to the name plate capacity of 45,000 barrels per stream day (BPSD), along with other strategic steps to revitalise the company. Contrary to recent media publications that the refinery...
Lubricants Supplies Ghana, the authorised distributor of Castrol lubricants in Ghana, has demonstrated its customer-centric services during the five years of its establishment in the industry in Ghana. As part of the celebration, the company embarked on a national roadshow – float - for two days in each region to...
ZEN Petroleum has participated in the 2021 edition of the Forecourttech Conference in Alicante, Spain, being the only Oil Marketing Company (OMC) operating in Ghana to have taken part in the conference. ZEN’s participation is a crucial step towards bolstering the international standards that have defined its operations and...
With the inability of the Ghana National Petroleum Corporation (GNPC) to meet its budgeted revenue from loans and guarantees to government and its agencies, the Public Interest and Accountability Company (PIAC) has urged the corporation to put on hold any plans to give out any further loans until significant...