Accra, Ghana//-The Executive Director of the Africa Centre for Energy Policy (ACEP), Benjamin Boakye, has called for a comprehensive investigation into the recurring trips on Ghana’s 330kV transmission lines to prevent future nationwide power outages.
Transits through the Strait of Hormuz have been in single digits the entire week, with Trump’s announcement of an ‘Economic D-Day’ campaign against Iran increasing geopolitical risk premia in the markets.
Trump’s threats to bomb Oman and his Tuesday Truth Social post acknowledging that there are no talks scheduled between the US and Iran have lifted oil prices again, with ICE Brent now trading at $91 per barrel.
Accra//– Vivo Energy Ghana PLC, the Shell licensee, has reaffirmed its commitment to operational excellence, customer-centricity and strategic partnerships following a successful Retail Conference and Awards ceremony at the Alisa Hotel, Accra.
Petrol prices are expected to fall while diesel prices could rise from today, August 17, in a mixed review of petroleum prices at the pumps.
The Electricity Company of Ghana (ECG) will today, Monday, August 10, begin a four-day planned maintenance exercise in parts of the Accra East Region.
The oil market’s very own schizophrenia – trying to read into the contradicting claims of US President Trump and Iranian officials seeking to escalate the blockade of Hormuz even further – continues to puzzle industry analysts and traders.
Former Tema Oil Refinery (TOR) Managing Director Asante Kwaku Berko allegedly used more than US$1 million in bribes to Ghanaian government officials, including a former Minister of Power and MPs, to help secure a lucrative power project for his Turkish client, Aksa Enerji Uretim A.S., a United States federal court has heard.
Abu Dhabi, UAE// – A clean-energy technology company headquartered in Abu Dhabi says hydrogen gas produced on demand, at the point of use, could help strengthen energy security as Europe and the UK face renewed concerns over gas storage, supply resilience and winter prices.
Motorists could soon see fuel prices changing almost every day instead of every two weeks after Bulk Oil Distribution Companies (BDCs) shifted to spot pricing for petroleum products, a move driven by rising volatility on the international oil market.
