Local News
Fuel prices may remain stable in the second pricing window of July – IES
The Price of fuel on the local market will remain stable in the second pricing window of July, the Institute of Energy Security (IES) is projecting. The IES noted that within the first pricing-window of July 2021, the majority of the Oil Marketing Companies (OMCs)...
PIAC outlines wrongful lodgements of petroleum revenues into GRA accounts as its biggest challenge
The Public Interest and Accountability Committee (PIAC), Ghana’s petroleum revenue watchdog, has said that the wrongful lodgment of the petroleum revenues in the Ghana Revenue Authority accounts, was one of its biggest challenges in the month in review. It stated, in...
NPA will deliver world class service to stakeholders – Chief Executive
The Chief Executive, Dr. Mustapha Abdul-Hamid, says one of his major priorities will be to ensure that the National Petroleum Authority (NPA) – regulator of the downstream petroleum sector – is financially viable. Speaking at the opening of a management retreat in...
Industry subsidising residential power must stop – AGI to government
The Association of Ghana Industry (AGI) has begun a fresh push for government to consider their persistent call for industry and corporates to stop subsidising electricity for residential users. According to the AGI, this may be the umpteenth time they are making this...
Electric Vehicles: Draft policy ready by year end – Energy Minister
A comprehensive draft document on technical regulations and policy framework that tackles all technical issues on the mass deployment of electric vehicles in Ghana is expected to be ready by the end of this year. The draft is being spearheaded by the Energy Commission...
It’s time to privatise TOR – AOMC Chairman
Chairman of the Association of Oil Marketing Companies, Henry Akwaboah has called on the government to quickly privatise the Tema Oil Refinery before investors lose interest. According to him, it is time to allow private sector participation as successive governments...
NOMINATIONS OPEN FOR 5TH GHANA ENERGY AWARDS
The Ghana Energy Awards (GEA) has officially opened nominations for its 2021 edition, under the theme, “Digitalised Energy Sector: The Key For a Resilient Economic Future.” Launched in Accra Tuesday July 6, 2021 the 5th national Energy Awards features 19 competitive...
GH¢8 billion Energy Sector debt paid through ESLA in 4 yrs – Report
Energy sector debt, approximately GH¢8billion, has been refinanced over the last four years ending 2020 through the Energy Sector Levy Act (ESLA), the annual report on management of energy sector levies and accounts has shown. Following the issuance of ESLA bonds,...
ECG, PURC engage stakeholders to resolve four-year-old impasse with Krobo consumers
Officials of the Electricity Company of Ghana (ECG) from the Tema Region and the Public Utility Regulatory Commission (PURC) have been currently engaging various stakeholders in the Krobo area, particularly, Yilo Krobo and Lower Manya Krobo to resolve a four-year-old...
Eni boosts reserves to 1.1bn barrels with new discovery
Italian energy giant Eni says it has made a significant oil discovery on the Eban exploration prospect in Cape Three Points (CTP) Block 4, offshore Ghana. The company said in a statement that the new discovery has been assessed following a comprehensive analysis of...
