...says delays deny state of much-needed revenue
The Africa Centre for Energy Policy (ACEP) has urged government to review exploration contracts of companies that have failed to invest in their oil blocks.
In all, about 12 oil agreements, awarded prior to 2016, are said to be idle. The delay in exploring...
Over 98 contracts worth more than US$389million which were awarded by Aker Energy, AGM, Eni, GOSCO and Springfield from the last quarter of 2019 to the first quarter of 2020 in the upstream sector were cancelled due to the COVID 19 pandemic.
The cancellation of these contracts such as the...
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...
…as it inaugurates community-based committees
The Ghana Integrated Aluminum Development Corporation (GIADEC) is soon expected to conclude the process for selecting new strategic partners for bauxite mining in Kyebi, Awaso and Nyinahin, the Chief Executive of GIADEC, Michael Ansah, has said.
This comes as the company has reached the final...
The Ghana Cocoa Board (COCOBOD) has said it will spend US$250million on rehabilitating cocoa farms over the next three years.
The country is seeking to cut down and replant diseased and over-aged cocoa farms under a cocoa rehabilitation programme launched by President Nana Addo Dankwa Akufo-Addo last month. About 40...
While government’s budget is constrained and being reprioritised to fight COVID-19, a public-private partnership (PPP) approach could deliver sustainable cocoa production, industry experts have advocated.
Government recently launched a rehabilitation programme to cut down and replant diseased and over-aged cocoa farms across the country. About 40 percent - or 800,000...
Tullow Ghana Limited (TGL), operator of the Jubilee and Tweneboa, Enyenra and Ntomme (TEN) fields, is proud to announce a significant milestone of 300 million barrels of oil production from the Jubilee Field.
Tullow and its partners - GNPC, Kosmos, Anadarko and Petro SA - are proud to be part...
There is a lot of indiscipline in our midst and people are having a field day getting away with almost anything.
Reports coming in from parts of Ashanti Region show that indiscriminate sand winning is affecting cocoa farming, as sand winners are having a field day in places like Effiduase,...
As Ivory Coast prepares to collect a record cocoa crop, the market is bracing for two key unknowns: the risk of political unrest disrupting supplies and the demand hit from COVID-19.
Bigger crops in West Africa would add to a global surplus at a time when consumption is under pressure...
The Ghana Cocoa Coffee and Sheanut Farmers Association (COCOSHE), a farmer-based organisation, has lauded government for increasing the producer price of cocoa for the 2020/2021 crop season.
The producer price of a bag of 64kg of cocoa has been increased from GH¢ 515 to GH¢660, which translates into GH¢10, 560...