The months-long oil price rally hit the pause button this week, following a shift in outlook from the U.S. Federal Reserve. “Inflation is your friend until it isn’t,” Louise Dickson of Rystad Energy said in a statement.
Accra, Ghana//-Ghana’s upstream petroleum sector is fraught with challenges as the country celebrates 10 years of oil production.
Ghana produces excess electricity but its mangement is inefficient. Wikimedia Commons Theophilus Acheampong, University of Aberdeen and Bridget O. Menyeh, Loughborough University Ghana has made significant progress over the past 10 years in increasing electricity generation and access. This has supported higher levels of economic growth.
Accra, Ghana//-Ghana is celebrating 10 years of commercial oil production on a low key as it is still struggling to translate its oil wealth into development gains.
Accra, Ghana//-Effective Saturday, June 5, road transport fares in Ghana will be increased by 13%. The new prices affect all forms of transport including Inter-city (trotro), Intercity (long distance) and shared taxis.
Accra, Ghana//-Deep cracks have emerged in the 18-year old Association of Oil Marketing Companies (AOMCs), resulting in the breakaway of the indigenous OMCs to form a new bloc.
Renewable power generation grew at the fastest rate for two decades in 2020 according to a new report from the International Energy Agency.
BonelliErede a leading international law firm, along with the RES4Africa Foundation, an organisation dedicated to promoting renewable energy in Africa, recently held a webinar which covered the management of bankability issues regarding renewable energy projects in Ethiopia with governmental counterparties.