As part of the nation's nuclear energy journey, the government, through the Nuclear Power Ghana (NPG), has procured three Seismic Monitoring Equipment to install at the nation’s four probable site for the establishment of the first nuclear plant, which would be the biggest energy investment since the building of...
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...
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...
The newly-appointed board of the Volta River Authority has been mandated to convert all non-power businesses of the authority into stand-alone commercial ventures, as part of restructuring efforts commenced by government. The authority, by its creation, is involved in other businesses in non-power sectors such as health, education, hospitality and...
The year 2020 marks exactly 10 years of continuous power generation by Sunon Asogli Power Limited in Ghana. Owned by Shenzhen Energy Group of the People’s Republic of China with support from China Africa Development Fund (CADFUND), the company is not only the first successful Independent Power Producer (IPP)...
Energy Minister Dr. Matthew Opoku Prempeh - together with senior officials of the Petroleum Commission, Ghana National Petroleum Corporation (GNPC) and GOIL - is in Houston-Texas, USA, on an oil and gas roadshow. The delegation also includes officials from Base Energy and is seeking to promote five available oil blocks...
Ten years after Ghana discovered oil and started commercial production three years later, government says it plans to increase production volumes by moving to award new exploration contracts to IOCs. How well have we fared in those 10 years and what are the emerging issues to look at, going forward?...
The National Petroleum Authority (NPA) has urged motorists to immediately report fuel stations suspected of cheating to the Authority. The Consumer Services Manager of NPA, Mrs. Eunice Budu Nyarko, who made the call, said that when complaints are made within 48 hours of fuel purchase, prompt investigations are conducted to...
Figures released by the Ghana Statistical Service (GSS) has shown that the Producer Price Index (PPI) ended 2017 with 8.9 percent, representing a 1.8 percentage points increase from the 7.1 percent recorded in November. The PPI measures the average change over time in the prices received by domestic producers for...
AngloGold Ashanti (AGA) Obuasi Mine has donated an amount of GH₵1million to the Kwame Nkrumah University of Science and Technology (KNUST) Obuasi campus in the Ashanti Region. The gesture is part of AGA’s Socio-Economic Development Plan (SEDP) with commitment to contribute to the socioeconomic development of host communities through Community...