News

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 […]

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’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

Puma Energy, a global integrated mid and downstream energy company with a local focus, has launched global road safety campaign dubbed: #BePumaSafe. This campaign is to sensitize its staff, stakeholders, and esteemed customers across the country about road and site safety is on the theme: “Be Safe, Stay Alert, Don’t Speed, Buckle Up, Drive Smart, Don’t Smoke, Stay

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

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

Representatives from the Queen Mothers’ Foundation of Ghana paid a courtesy call to the Ghana Chamber of Bulk Oil Distributors. The visit was to seek the expertise of Mr. Senyo Hosi, the Chief Executive Officer, on social development to help the Queen Mothers’ foundation to achieve its set goal and objectives. The delegates also extended

The Chamber of Bulk Oil Distributors (CBOD) has commended government for the payment of legacy debts to the Bulk Distribution Companies (BDCs). In a statement in its industry report launched yesterday, there was progress made on government’s legacy debt to BDCs, with the payment of all outstanding principal sums (US$427.11mn) and validation of the interest

The Chief Executive Officer of the Chamber of Bulk Oil Distribution Companies (CBOD), Mr Senyo Hosi, has blamed the largely poor state of state-owned enterprises (SoEs) on the extension of partisanship into the management of the firms, and that the situation will worsen if politics is not separated from state businesses. He has, therefore, called

Indigenous oil firm Springfield will begin historic oil drilling in its Deep Water West Cape Three Points Block in the West Region from Monday. The company is going ahead after drillship Stena Forth berth on the country’s waters last Friday.  Spring Field could be making another history if it’s finalised this drilling and commence commercial