October 26, 2017//-When the Organisation of the Petroleum Exporting Countries (OPEC) finally reached a deal to cut oil output by 1.2m barrels per day (bpd) oil prices immediately surged.
Category: Energy
Programmed to ‘cheat’: Error-Ridden ECG Prepaid Meters Ripping-off Consumers
Accra, October 26, 2017//-A supposed technical error in the prepaid billing system of the Electricity Company of Ghana (ECG) is shortchanging power consumers in the country on their blind side.
Uganda, Iran Discuss Commercial Diplomacy, Trade
Kampala, Uganda, October 25, 2017//-Minister of Foreign Affairs, Sam Kutesa has said that the private sector is the key driver for sustained economic growth which Uganda continues to promote in both domestic and foreign direct investment for increased productivity, job creation and improvement of livelihoods of the people.
IF I WERE DAN KOFI OKUDZETO
Sharing 7 powerful business lessons from a great Entrepreneur Accra, October 24, 2017//-Once in a while you meet someone who may not be a family member but connects to you like one. You can also meet someone who may not be a father but relates to you as one.
SHS Solar Power Project to Cost $420M
It would cost government more than US$420 million to roll out solar power generation in all second cycle schools across the country.
NPA in Lagos for Oil Trading and Logistics Conference
Accra, October 23, 2017//-Deputy Minister of Energy Dr. Mohammed Amin Adam is leading a Ghanaian delegation including Chief Executive Officer of the National Petroleum Authority (NPA), Hassan Tampuli, to the 2017 Oil Trading and Logistics conference in Lagos, Nigeria.
Kosmos Energy Enters Equatorial Guinea Oil Industry
Malabo, Equatorial Guinea, October 23, 2017//-The Ministry of Mines and Hydrocarbons of Equatorial Guinea, Kosmos Energy of the US and national oil company GEPetrol have signed three new production sharing contracts (PSC) for Block EG-21, Block S and Block W offshore Rio Muni.
Why an ESLA-backed Energy Bond Must not be ‘Pure’ Public Debt
Accra, October 22, 2017//-An issue under current discussions is whether Ghana should add the ESLA-backed Energy Bond it is to issue to public debt, instead of remaining on VRA’s Balance Sheet. ESLA means Energy Sector Levy Act, 2015 (Act 899).
Penplusbytes Engages News Editors on Extractive Reporting
Accra, October 19, 2017//-The media plays an imperative role especially in increasing public awareness on issues where the masses may have little or no knowledge.
ENGIE Enters Africa’s Off-grid Energy Market, Acquires Fenix
Kampala, Uganda, October 19, 2017/ — ENGIE and Fenix announced that they have agreed on a transaction in which ENGIE will acquire 100% of Fenix International, a next generation energy company, offering Solar Home Systems (SHS) in Africa.