GHANA’S President John Dramani Mahama has sacked Managing Director of the Electricity Company of Ghana (ECG), Rev. Ing. William Hutton-Mensah over ongoing power crisis in the West African country.
Category: Energy
Ghana Receives $780.07 Million From Oil Cash
GHANA has received a total of US$780.07 million (GHȻ2,139.12 million) in revenues from oil receipts at the third quarter of this year, the Minister of Finance, Set Terkper has announced.
Fuel Prices: NPA Accused Of Milking The People
THE drastic reduction of crude oil from $115 per barrel to about $80 on the world market has compelled the opposition New Patriotic Party (NPP) to urge the government to reduce fuel prices accordingly.
Ghana: Oil And Gold Exports Decline
GHANA’S companies sold fewer products overseas for the period January to September,2014 but the trade deficit narrowed because of a big decline in gold and crude oil imports.
Minority Piles Pressure On NPA To Reduce Fuel Prices
GHANA’S Deputy Minority Leader in Parliament, Dominic Nitiwul is leading a crusade for government to reduce fuel prices drastically, as crude oil prices on the international market hit a four-year low. The Bimbilla Member of Parliament (MP) is of the opinion that the prices of fuel must be reduced to meet the realities on the […]
Row Over $700m Loan: GNPC Seeks Refuge In JJ’s Law
THE decision by the state owned Ghana National Petroleum Corporation (GNPC), led by Mr. Alex Mould, to borrow a whopping $700 from the European capital market, precisely Deutshe Bank of Germany, to support oil and gas infrastructure continues to raise eyebrows.
$700m Loan: GNPC And Parliament Fight Deepens
THE Ghana National Petroleum Corporation (GNPC) has defended its decision to secure a $700 million loan facility from the Deutshe Bank of Germany.
Gas Flows To Atuabo Gas Processing Plant
AT long last! Gas today flowed from the FPSO Kwame Nkrumah to the Atuabo Gas Processing Plant (GPP) despite concerns raised by the Energy Commission and the Wood Group.
Gas Fires: NPA Intensifies Public Education On LPG Usage
THE National Petroleum Authority (NPA), a regulator of the petroleum downstream industry in Ghana yesterday took its annual Consumer Week Celebration to Obra Spot, Kwame Nkrumah Circle, to educate Ghanaians, especially lorry drivers, on the usage of Liquefied petroleum gas (LPG) in the country.
Ghana Remains Clueless As $9.35Bn Oil Cash In Foreign Hands
THE initial hopes of Ghanaians that the discovery and exploration of oil in the Cape Three Points Basin will signal a turnaround of the country’s deplorable economic condition is gradually becoming a mirage.