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Gov’t To Audit Companies In Oil And Gas Value Chain To Check Cash Inflow

Government says all companies in the oil and gas value chain will, before the end of this year be audited. It said, it is part of moves to check cash inflows and expenditure. Deputy Energy Minister, Dr Mohamed Amin Adam who disclosed this on the sidelines of the JoyBusiness Town Hall Meeting on Oil and […]

Call for Papers: Ghana Petroleum & Oil Resources Project

The Fair-Trade Oil Share Ghana (FTOS-Gh) Campaign, under the auspices of the Centre For Natural Resources and Environmental Management (CNREM) and GhanaHero.Com, has issued a call for papers on Ghana’s petroleum and oil resources, including extraction and sales of oil on the world market beginning in 2010.   While final submissions will be selected by […]

Petroleum Commission’s training of welders for oil & gas industry underway in Canada

Some five young Ghanaians who were enrolled by the Petroleum Commission at the Northern Alberta Institute of Technology (NAIT), one of North America’s leading technical institutes, to train as professional welders for Ghana’s booming oil and gas industry, are making steady progress in their studies. The students started the 10-month program in July 2019, and […]

Nigeria: Dangote Turns To GE To Digitize Cement Plants To Boost Power Supply Efficiency

General Electric(GE) and Africa’s leading cement producer Dangote Cement Plc have signed an agreement for the deployment of GE’s Asset Performance Management (APM) digital solution to reduce unplanned downtime and enhance performance at its two cement plants in Obajana and Ibese, Nigeria. The project includes extending the current service agreement for an additional 50,000 operating […]

Russia: Lukoil Signs MOU With Equatorial Guinea

Lukoil, Russia’s second largest oil company has signed a Memorandum of Understanding with Equatorial Guinean government) at the Russia–Africa Summit Sochi. President of Lukoil, Vagit Alekperov initialed the deal on behalf of his company while Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of the Republic of Equatorial Guinea Gabriel signed on behalf of […]

Ghana: Electrical Contractors Hail Termination Of PDS Concession Agreement

Electrical Contractors Association in the West African nation, Ghana, have welcomed the decision by the Akufo-Addo-administration to terminate the concession agreement signed between the Electricity Company of Ghana (ECG) and Meralco-led Power Distribution Services (PDS) Ghana Limited. In a press statement signed by the President of the Association Nana Addo Tetebo, it said: “We hereby […]

Reduce price of LPG to encourage patronage – Upper West Chiefs plead

The Vice President of the Upper West Regional House of Chiefs has joined calls for government to reduce the price of Liquefied Petroleum Gas (LPG). Daffiama Naa, Naa Dikomwine said such an action will encourage more people, especially those in the northern part of the country to patronize the product and bring respite to the […]

Ghana: MCC Demands Reinstatement Of PDS By October 30

It has emerged that Millennium Challenge Corporation (MCC), a US agency which is providing funding for Ghana’s Power Compact II, has demanded that the President Akufo-Addo-administration reinstate the suspended Power Distribution Services (PDS) Company by October 30, 2019, energynewsafrica.com can confirm. The MCC’s demand follows a discussion between officials of Government of Ghana and the MCC in […]