Category archives for: Energy

How Fisheries Sector Transformation Saves Ghana’s Oil and Gas industry

Accra, December 14, 2017//-Ground-breaking reforms and innovations introduced through the West Africa Regional Fisheries Program (WARFP) continue to protect not only the fisheries, but other sectors.

Blue Ocean Investments Supports Kpone Health Centre

Tema, December 14, 2017 –Blue Ocean Investments Limited,  Ghana’s second biggest bulk distributor of fuels donated items to the Kpone Health Centre in Tema.

Siemens, Rotan Power in Landmark Power Plant Project Deal

Accra, December 14, 2017//-Siemens, a German technology firm and Rotan Power, Singapore based company have signed a memorandum of understanding (MoU) to develop and build a combined cycle power plant with a capacity of 660 megawatts (MW) at the Aboadze Power Enclave located in the western Region of Ghana.

Total’s Poor Run Persists Despite Oil Price Rise

Lagos, Nigeria, December 14, 2017// – Oil prices have taken off with increasing cooperation between OrganiSation of the Petroleum Exporting Countries (OPEC) and Russia, but Downstream operator Total is yet to get its groove after slumps in the first and second quarters, leading to a tumbling stock price, something nearly unthinkable in July.

EBRD Loan Helps Connect 18 Turkish Towns to Gas Supply

December 13, 2018//-Turkey’s natural gas distribution company Enerya is expanding to 18 towns in eight provinces of Turkey. The EBRD and Garanti Bank are financing a part of the investment programme, with each providing a 100 million Turkish lira loan (€24 million equivalent).

BREAKING: Fire Accident in Nigeria’s Capital

December 13, 2017//-Few hours to a fuel tanker accident in FESTAC area of Lagos, another tanker carrying petrol was engulfed by fire at a Conoil filling station, along the airport road in Abuja, Nigeria’s capital city on Wednesday evening.

Shared Infrastructure and the Role in Job Creation and Integration in Africa

December 13, 2017//-The Ruzizi III Hydropower Plant Project, which serves Burundi, the Democratic Republic of Congo, and Rwanda, could create about 135,200 total jobs over the project’s lifespan.

20 Vehicles Burnt As Fuel Tankers Fall In Lagos  

Lagos, Nigeria, December 13, 2017//-Following the fall of a tanker laden with petrol fell in Festac Link Bridge in Awuwo Odofin LGA of Lagos State, 20 vehicles and four commercial motorcycles were burnt.

Penplusbytes Holds 2nd Power Reporting Series on Tax Treatment in Ghana’s Oil and Gas Sector

Accra, December 13, 2017//-Studies have shown that, there are currently about 11 different taxes on petroleum products. On average, a litre of petrol is sold at GH¢4.49, half of which is actually taxes that goes to government.

AFC, Harith Final Close on Merger of Assets into New Operating Firm

Port-Louis, Mauritius, December 13, 2017,-/African Media Agency (AMA)/- Africa Finance Corporation (AFC) and Harith General Partners, acting on behalf of its portfolio company Aldwych Holdings Limited, have announced final close of the merger of their respective electricity generation assets into a new operating company, Anergi Holdings Limited.

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