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Browsing Category
Oil & Gas
BDCs asked to channel petroleum exports for Sahelian through BOST
Cabinet has directed that all petroleum products meant for export from Ghana onto the Sahelian market be channelled through the Bulk Oil Storage and Distribution Company limited (BOST).
The directive, which takes effect next week, is…
Energy Minister attends WAGPA’s Committee of Ministers Meeting
The Minister of Energy, Mr Boakye Agyarko has addressed the Committee of Ministers (COM) of the West African Gas Pipeline Project in Cotonou, Benin.
A statement issued by Mr King A. Wellington, the Head of the Communications Unit,…
GOEnergy stabilises petroleum sector
The Goenergy Company Limited (Goenergy) subsidiary of Ghana Oil Company Limited (GOIL) has deflated cartels in the downstream petroleum sector saving the country from artificial fuel shortages.
Ghana has not experienced any fuel…
Energy Ministry to hold summit in Accra
The Ministry of Energy will hold the Ghana Energy Summit from June 13 to 14 in Accra, as part of efforts to open the sector to both local and international investors.
Mr Ken Wellington, the Public Relations Officer of the…
Ghana to get Africa’s first and world’s largest LPG fired power plant
General Electric Company says it will supply the power generation equipment for the Bridge Power plant project in Ghana, according to a press release copied to ghanabusinessnews.com.
The equipment, which will be used in the first…
Ghana: How inflated expectations of oil revenues led to deterioration in macroeconomic management
Prior to the discovery of oil, Ghana was one of the stars of the ‘Africa rising’ story, with an established track record of macroeconomic stability and fiscal discipline. When oil was discovered, there were great hopes that Ghana would…
Ghana on the verge of petroleum crisis – AOMCs
Ghana is on the verge of petroleum crisis as activities of Petroleum Black Market dealers is growing.
Therefore the Association of Oil Marketing Companies (AOMCs) has called on government to take far-reaching measures to deal with the…
Growing petroleum black market trade could disrupt economy – OMCs
Scores of Oil Marketing Companies (OMCs) on Wednesday called on the National Security to tighten the noose around Petroleum Black Market dealers whose infiltration into the sector posed a great risk to the national economy.
Mr…
Illicit financial flows meeting calls for investigations into Western Corridor Gas Project EPCC
Participants at a high level convening on Illicit Financial Flows (IFFs), held in Accra have called for thorough investigations into why the Engineering, Procurement Construction and Commissioning (EPCC) contract of the Western Corridor Gas…
Human activities pose danger to gas pipeline
Activities of some residents of Bankuman in Tema Manhean are endangering the safety of pipelines buried for the transmission of natural gas by the West Africa Gas Pipeline Company (WAPCO).
Their activities either in or at the edge of the…