West Africa Mills Company Limited (WAMCO), a cocoa processing company in Takoradi, has explained that suspension of the company’s operation will not lead to retrenchment of its workers, as it has been alleged in the media.
According to management of WAMCO, the company wants a board to be constituted for...
The Deputy Chief Executive of the Forestry Commission, Mr. John Allotey, has said construction of the US$1.2billion Accra Eco-Park project, expected to take-off this year, will dramatically improve the Achimota Forest, curtail encroachment and eliminate the domestic and industrial waste being dumped in the area.
Completion of the eco-park project...
The National Petroleum Authority (NPA) is set to introduce some taxes and other charges on Marine Gas Oil (GMO) operations in the country, Hassan Tampuli - CEO of the NPA, has disclosed.
The move, he noted, is aimed at curbing some illegalities the Authority has observed in the petroleum downstream...
Chief Executive Officer of the National Petroleum Authority (NPA) Hassan Tampuli has reiterated the Authority’s commitment to clamp down on LPG refill stations which fail to adhere to safety standards as it intensifies its monitoring and inspection exercise.
This, Mr. Tampuli noted, is to prevent accidents at the stations and...
Norwegian major Statoil is the latest addition to a Joint Industry Project (JIP) for subsea boosting pumps.
Ask an equipment manufacturer for cheap, light, and strong, and most will tell you it can’t be done. Fuglesangs Subsea, project manager for the JIP, will tell you otherwise.
“We think we’ve cracked the...
Investment policy guidelines missing
Investment Advisory Committee absent
BoG tightlipped over ‘ poor’ investment returns
In deciding which models to adopt in managing its petroleum industry, Ghana hurried to Norway, a country hailed across the globe for its efficient management of the sector, for tutorials.
But at a time when...
Government has said it will soon launch a Public Register of Petroleum Agreements, Permits and Authorisations, in accordance with the provisions of the Petroleum Exploration and Production Law.
According to the Deputy Minister of Energy in charge of Petroleum, Dr. Mohammed Amin Adam, the move is to outline Government’s commitment...
The Ghana Cocoa Board (Cocobod) is seeking to raise an about-US$750million facility from a consortium of banks to help finance a massive cocoa rehabilitation programme, aimed at replacing more than half of the country’s overaged tree stock.
The US$750million loan facility will be raised from local and foreign banks, is...
Seven years after oil production commenced, and several years after civil society sounded the alarm, the Ghana Standards Authority (GSA) has said it intends to implement the parallel metering system that is supposed to help monitor oil production volumes and safeguard revenues due the state.
In the past, government officials...
The National Petroleum Authority (NPA) has assured that there will be no increment in fuel prices at the pumps this festive season.
A statement signed by the NPA’s corporate Division and copied to the B&FT said: “This is as a result of a marginal drop of fuel prices on the...