February 2018//-For his efforts in advancing the cause of good journalism in Ghana and beyond, the Executive Director of Penplusbytes, Kwami Ahiabenu II has been honoured with a citation by the Institute of Financial and Economic Journalists (IFEJ) at the just ended Flamingo Awards 2017 which took place on Friday 26, January 2018 at the […]
Category: Energy
Ghana to Build Another Multimillion Dollar Oil Refinery
Accra, February 1, 2018//-Ghana has announced an ambitious plan to build a new oil refinery to replace the Tema Oil Refinery (TOR) within the next three to four years.
Current Act Inhibits Ghana’s Downstream Petroleum Sector Growth
Accra, February 1, 2018//-There is a need to establish new legislations for the downstream petroleum sector, in order to realise government’s vision of making Ghana a hub for refined petroleum products in the West African sub-region, Energy Minister, Boakye Agyarko has advised.
Africa Energy Forum Goes to Mauritius
London, United Kingdom, February 1, 2018//– The annual Africa Energy Forum (AEF) is moving to Mauritius as it marks its 20th anniversary.
Converting Agric Residues into Bioenergy
January 30, 2018//-Countries striving to meet their growing energy needs while also lowering greenhouse gas emissions (GHG) are increasingly turning to renewables – such as hydro, wind and solar power – to reduce their dependence on fossil fuels.
Why Gov’t Should Scrap Special Petroleum Tax
January 30, 2018//-The Chamber of Petroleum Consumers (COPEC) has called on the Ghanaian government to scrap the Special Petroleum Tax (SPT) and other levies that have made the cost of petroleum products in the country shoot up.
Ghana’s Ambitious Renewable Energy Target: Is it Feasible?
Accra, January 30, 2018//-The renewable energy revolution is catching on. And one country that has a lot to offer renewable investors, is Ghana.
Ghana Urged to Slow Down on Hedging Oil Import
Accra, January 30, 2018//-The Institute of Energy Security(IES), a leading NGO is advising Ghana to be cautious in hedging its import of oil.
Gas Flaring Law Error cost Nigeria Billions of Dollars
January 29, 2018//-Africa’s top oil producer plans to make gas flaring more costly for companies that have escaped the payment of billions of dollars despite being fined, Nigerian Finance Minister Kemi Adeosun said.
Why $70 Oil isn’t Good News for Nigeria
January 29, 2018//-If you’re an economy that’s just come out of a five-quarter long recession that was mainly triggered by a drop in global oil prices—your main revenue source—then there’s good reason to be excited about oil returning to three-year highs of $70. This is especially true if your budget is based on a benchmark […]