IEA Predicts Spectacular Solar Growth By 2024
The International Energy Agency expects to see “spectacular” growth in new solar power capacity additions in the period to 2024, which will highlight overall strong growth in renewable energy. In its latest annual Renewables report, the agency said total new renewable energy additions would shoot up by 50 percent in the five-year period, or some 1,200 […]
Ghana: 5th Africa Oil Governance Summit Opens In Accra(Photos)
The 5th edition of Africa Oil Governance Summit has opened in Accra, the capital of Ghana, West Africa. The Deputy Minister of Energy in-charge of Petroleum Dr. Mohammed Amin Adam opened the two-day summit, being organised by the Africa Centre for Energy Policy (ACEP), and under the theme: ‘Optimising Oil and Gas Resources in Africa: The […]
Ho: Four Sustain Severe Gas Fire Injury
A family of four have suffered severe fire injury following explosion of a domestic gas cylinder at SDA, a suburb of Ho in the Volta Region. “A thunderous sound of a cylinder explosion woke us up to a raging fire in this house around 10:30pm yesterday,” an eyewitness narrated to Citi News. He said they […]
Experts Land For Africa’s Oil Governance Summit In Accra
With new oil and gas discoveries increasing on the African continent, it has become imperative to look at how to optimise the natural resource to support and promote growth and development. It is for this reason that the fifth edition of the Africa Oil Governance Summit in Accra will spearhead discussions on how African economies […]
Ghana: Deputy Energy Minister Hopes Oil Production Will Hit 500,000bpd In Six Years’ Time
Ghana’s Deputy Minister for Energy in charge of Petroleum, Dr Mohammed Amin Adam is confident that the West African nation’s energy sector is on the brink of expanding its oil production from 180,000–-200,000bl/d now to 500,000bl/d within six years. Additionally, the country is targeting up to 1mn bl/d beyond that. “If we want to sustain […]
Ghana: Bui Power Authority Signs MOU With UG To Develop 2.5MW Solar Farm
The Bui Power Authority (BPA), one of the state power generation companies in the Republic of Ghana, has signed a Memorandum of Understanding (MoU) with the University of Ghana, Legon, to provide a 2.5 megawatts (MW) solar farm for the premier university. Per the MOU, the BPA would have access to the project site, which […]
Ghana: Terminate PDS Concession Agreement Now – Kwabena Donkor Tells Gov’t
A former Minister of Power in the Republic of Ghana, Dr. Kwabena Donkor wants the Akufo-Addo administration to abrogate the concession agreement the Electricity Company of Ghana (ECG) signed with the Power Distribution Services (PDS). According to him, the government must not hesitate to terminate the deal for proper distribution of power to parts of […]
Increased Production Sees Ghana Raise Its Hydrocarbon Profile
When you think of the top oil and gas nations in Africa, Ghana is not one that traditionally comes to mind, but it is one of the rising stars. In the past, Ghana has been one of the smaller oil and gas producers on the continent but that production is expected to grow rapidly over […]
$300m Of BDCs Debt Cleared; Outstanding $49.77m To Be Settled Before 2020
Government has cleared $300 million of outstanding legacy debt to Bulk Oil Distribution Companies (BDCs) between 2017 and June 2019 with a total of $49.77 million outstanding debt expected to be paid by end of 2019. These were contained in the 2018 Industry Report of the Chamber of Bulk Oil Distributors (CBOD). This brings to […]
Remove Nuisance Taxes’ On LPG – Group Tells gov’t
The LPG Marketing Companies Association of Ghana has appealed to the Akufo-Addo government to remove what it described as “nuisance taxes” on Liquefied Petroleum Gas (LPG). According to the Vice Chairman of the Association, Mr Gabriel Kumi, such action will encourage more people to patronize the product and bring respite to “the masses.” “We humbly […]
