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 […]
Category: Energy
Helium Gas Driving Industrialization in Tanzania
Dar Es Salaam, Tanzania, January 24, 2018//-Helium One, the mineral exploration company that has been conducting surveying and exploration activities for helium in the Rukwa Region, in partnership with the Geology Department of the University of Dar es Salaam (UDSM) and Oxford University, organized a one-day workshop at UDSM to build local capacity and awareness […]
US Imposes New ‘America First’ Tariffs
January 23, 2018//-The US has approved controversial tariffs on imported washing machines and solar panels.
Why Should Ghana and Exxon Mobil Signed Petroleum Agreement in a Hotel
Accra, January 23, 2018//-Ghana’s Member of Parliament for Builsa South Constituency in the Upper East Region, Dr Clement Apaak, has expressed wonder how a petroleum agreement can be signed in a hotel.
Ghana Welcomes Exxon Mobil
Accra, January 18, 2018//-Ghana’s President Nana Akufo-Addo says close co-operation between Ghana and the world’s largest publicly traded international oil and gas company, Exxon Mobil, will be instrumental in developing the country’s oil and gas industry.
Ghana: Chamber Asks President to Sack Energy Minister
Accra, January 19, 2018//-The Chamber of Petroleum Consumers-Ghana (COPEC) has asked the President Nana Addo Dankwa Akufo-Addo to sack his Minister of Energy, Boakye Agyarko, for “blatant denials” of the hikes in fuel prices.
Nigeria To Probe $21 Billion Revenue Lost to Oil Firms
January 19, 2018//-Nigeria’s House of Representatives have resolved to investigate the loss of $21 billion, about N7.6 trillion, crude oil revenue to International Oil Companies (IOCs) operating in the country.
Ghana Won’t Shut Down its Oldest Oil Fields
Accra, January 18, 2018//-Ghana’s Petroleum Commission says it has no plan of shutting down Saltpond oil fields.
African Energy Stakeholders to Discuss Investment Partnerships in US
London, UK, January 18, 2018// — The Powering Africa: Summit would return for a fourth year to the Marriott Marquis Hotel in Washington D.C, US from 28 February to 2nd March 2018 to discuss opportunities to develop and invest in power projects on the African continent.
Resettled Residents of Bui Demand Free Electricity
Bui, Brong Ahafo Region, Ghana, January 17, 2018//-Residents of resettled communities within the enclave of the 400megawatt Bui Hydroelectric project have appealed to authorities for bill-free electricity supply as part of their compensation package.