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...
says economy being exposed to huge financial risk Government needs to make drastic change to its policy on gas in order to reduce the huge financial risk it exposes the economy to, Executive Director of Institute for Energy Policy (IES), Nana Amoasi VII, has advocated. The country pays around US$700...
The economy recorded a trade surplus of US$2billion last year, equivalent to 3 percent of Gross Domestic Product (GDP), on the back of strong gold prices, according to latest Bank of Ghana (BoG) data. The country raked in a total US$14.45billion from its exports against total imports valued at US$12.43billion...
Vivo Energy Ghana, the Shell Licencee, has announced the biggest fuel portfolio launch ever in Ghana. The entire new Shell fuels portfolio (Shell V-Power, Shell FuelSave Unleaded and Shell FuelSave Diesel) is now designed to enhance engine efficiency, as Shell’s new fuels contain exclusive Dynaflex Technology. This new formulation helps clean...
Analysis of petroleum product prices on the local market over the decade show that petroleum products, specifically Gasoline and Gasoil have quadrupled in price. Over the past decade (2010-2019), Ghana has seen a 347 percent increase in price of Gasoline (Petrol) and a 338 percent increase in Gasoil (Diesel)...
Since commencing operations in 2009, ZEN Petroleum has experienced a markedly consistent and substantial market growth, having achieved enviable status as one of the top 4 Oil Marketing Companies (OMC) in Ghana. Led initially by its business in delivering fuel to mines, ZEN now builds from that solid base and...
As part of efforts to encourage the consumption of chocolate, the Ghana Cocoa Board (COCOBOD) has launched the 2021 National Chocolate Week. The 2021 edition, which is under the theme: “Eat Chocolate; Stay Healthy; Grow Ghana”. will start from February 8 and will climax on Valentine’s Day, which is the 14th. COCOBOD...
The Ghana Cocoa Board (COCOBOD) is to appear before Parliament over non-payment to cocoa farmers through their respective Licensed Buying Companies (LBC) for the period of the 2020/21 crop season. First Deputy Speaker Joseph Osei-Owusu gave the directive in a reaction, after a statement by Mr Kofi Adams, MP for...
….Oil giant takes step to become fully run Ghanaian operator Aker Energy AS has announced the promotion of Mrs. Kadijah Amoah as CEO of Aker Energy Ghana Limited, effective 4 January 2021. Mrs. Amoah has held the position of Country Director. “This sends a strong signal that Aker Energy is committed...
Suriname has put in place a producer-friendly regime that the oil and gas industry has been quick to notice There’s no question that the COVID-19 pandemic has sent global energy markets reeling. Oil and gas has undeniably been one of the hardest-hit industries, with prices still struggling to rebound from...