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GE says to build waste gas to power plant in Ghana

GE says it will build a power plant to augment the electricity needs of Ghanaians by proposing to construct the first-ever 25MW Waste Gas to Power Plant. According to a statement issued by the sub-Sahara Africa office of GE and copied to ghanabusinessnews.com the new plant will add equivalent power …

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Parliament amends Special Petroleum Tax

Parliament has passed the Special Petroleum Tax amendments bill 2018 to reduce the levy from 15 to 13 per cent. It is expected that fuel prices would decline by 70 pesewas following the revision of the tax. This means a consumer would be paying about GH¢4.50 pesewas for a litre …

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Eni to step up cooperation in renewable energy in Ghana

  The Managing Director of Eni Ghana, Giancarlo Ruiu has signed two separate MOUs with the CEO of the Bui Power Authority, Fred Oware, and the CEO of the Volta River Authority, Mr Emmanuel Antwi-Darkwa, on the joint development of power generation from renewable sources.      A statement from Eni …

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Ghana Gas local Engineers lauded for successful shutdown

Mr Ernest Kofi Owusu-Bempah,  Communication Director of Ghana National Gas  Company (Ghana Gas ) has lauded the efforts of the local engineers of the company for  a successful shut down of the  Atuabo Gas processing  Plant. He said the 21-day shutdown which began on February 1, was already in progress  …

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IFS advocates comprehensive hedging plan for Ghana’s oil

The Institute of Fiscal Studies (IFS) has urged government to consider a comprehensive hedging programme that would cover imports and exports of Ghana’s petroleum resources as well as interest rates on public debt.    The hedging will provide insurance for the country against oil price and exchange rate volatilities.    …

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GNPC donates GH¢500,000 to UENR  for laboratory construction

The Ghana National Petroleum Corporation (GNPC) has presented a cheque for GH¢500,000.00 to the University of Energy and Natural Resources (UENR) for the completion of the first phase of the University’s two-storey building Applications Laboratory.      The corporation presented the same amount of money to the University in September 2016 …

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