Excess supplies seen falling from record to about 50,000 tonnes Demand is growing in countries, including Indonesia and India The world just can’t get enough chocolate. With "tremendous" demand in emerging markets looking set to continue this season, the world’s third-largest cocoa processor is projecting a sharply smaller global surplus....
Golden Star Resources Limited has been adjudged Mining Company of the Year at the 2017 edition of the Ghana Mining Industry Awards. Golden Star beat competition from over 10 other mining companies to win the top award at the 4th Ghana Mining Industry Awards, organised by the Ghana Chamber of...
The 4th Ghana Oil and Gas Awards (GOGA 2017) brings together over 400 industry players in the oil and gas industry annually from downstream, mainstream and upstream specifically. The awards recognises achievements from local and international companies involved in the Ghana oil and gas sector and rewarded those that have played...
Officials of Intercity STC (ISTC) are upbeat about their new alliance with engine-oil supplier Exol Lubricants, which they reckon is saving the company from having to invest more in constant changes of oil. According to a Deputy Managing Director, Technical Services at Intercity STC, Ing. John Awuku Dzuazah, the company...
  Electricity tariffs could drop much lower than government is planning to reduce them if the multitude of taxes on petroleum products, which feed into the tariffs, are clipped one way or another, Professor Felix Asante, Director of the Institute of Statistical, Social and Economic Research, has said. “I was personally...
As part of its effort to reduce gas related accidents in the country, The National Petroleum Authority (NPA) has engaged consumers of liquefied petroleum gas (LPG) in the Brong Ahafo Region. The exercise is aimed at sensitizing chopbar operators, restaurants, hotels and door-to-door business operators on safe dispensing and use...
The Ghana Grid Company Limited (GRIDCO) and the Korea Electric Power Corporation (KEPCO) have signed an agreement for the establishment of a GRIDCO Centre of Excellence at the Kwame Nkrumah University of Science and Technology. The training centre would be equipped with the state of the art facilities that would...
The government is hopeful of earning some US$669.4 million from the petroleum sector in 2018, the 2018 Budget and Policy Statement to Parliament, has said. Presenting the 2018 Budget and Policy Statement to Parliament, the Minister of Finance, Mr. Ken Ofori-Atta, said “the total petroleum revenue for 2018 is estimated...
The West African Gas Pipeline Reverse Gas Flow Project is expected to be ready by second quarter of next year, to ensure free flow of gas from Aboadze to Tema for power generation, Energy Minister, Boakye Agyarko has said. Currently, gas from oilfields in the western coast only terminates at...
The FPSO Kwame Nkrumah will be shut down in early 2018 to allow for continuation of repair works, Minister of Energy, Boakye Agyarko, has said. “The repair works on the turret of the FPSO Kwame Nkrumah, also referred to as the Turret Remediation Project (TRP), is being done in two...