Energy
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Two nationwide blackouts in a space of a month ‘cause for worry’ – Adomako-Mensah
The Deputy Ranking Member of Parliament’s Energy Committee, Collins Adomako-Mensah, says two major nationwide power outages within a space of a month are a serious cause for concern and require urgent answers from the authorities.
IES demands stronger safeguards amid temporary Akosombo power arrangement
The Institute for Energy Security (IES) is demanding stronger safeguards around the temporary power arrangement at the Akosombo Generating Station to prevent technical faults from triggering widespread power outages.
Jinapor appeals for calm after nationwide power outage, says Akosombo works will be completed next month
The Minister of Energy and Green Transition, John Jinapor, has appealed to Ghanaians to exercise restraint following Thursday morning’s power outage that affected parts of Accra and other parts of the country. The Ghana Grid Company Limited (GRIDCo) attributed the disruption to a fault on the Akosombo-Volta transmissio...
Absa supports €456m financing for Genser Energy’s next phase of growth
Absa has participated as one of the arrangers of a €456 million term and revolving credit facilities package for Genser Energy Investments LLC, a leading integrated energy company in West Africa.
Ghana pushes nuclear cooperation, skills development at US-Africa summit
Ghana has called for stronger international cooperation and increased investment in nuclear energy as African countries explore reliable and sustainable ways to meet growing electricity demand. The call was made by the Acting Minister for Environment, Science, Technology and Innovation, Emmanuel Armah-Kofi Buah, who re...
Oil prices surge above $110 and shares slide over Iran war
Global oil prices have jumped above $110 (£82.74) a barrel, and stock markets have slumped as the escalating US-Israeli war with Iran has fuelled fears of prolonged disruption to shipments through the Strait of Hormuz.
ECG invested GH¢710,965 in infrastructure replacement across Greater Accra – PURC
The Electricity Company of Ghana (ECG) spent GH¢710,965 to replace damaged meters, poles and transformers in Greater Accra during the first half of the year.
Tanker drivers suspend strike as BOST agrees to fix Kumasi Depot issues
Bulk Oil Storage and Transportation Company (BOST) Energies Limited and the Ghana National Petroleum Tanker Drivers Union (GNPTDU) have agreed on measures to address concerns raised by tanker drivers at the company’s Kumasi Depot following a three-day sit-down strike. The agreement was reached during a meeting between...
GNPC turns 40, targets oil production recovery and $3.5bn fresh investment
The Ghana National Petroleum Corporation (GNPC) is targeting a recovery in oil production, expanded gas commercialisation and increased exploration as it marks 40 years of operations.
Gov’t reaffirms commitment to safeguard Ghana’s energy supply amid Middle East crisis
Government has assured the public of its commitment to safeguarding Ghana’s energy supply security amid rising global uncertainty triggered by the ongoing crisis in the Middle East.
Star Oil reviews pump prices again; sells petrol at GH¢12.29, diesel pegged at GH¢14.99
Market leader Star Oil has announced a price reduction for petroleum products at the pumps again. It has dropped the price of petrol from GH¢12.49 to GH¢12.29 per litre. The Oil Marketing Company has also reduced the price of diesel from GH¢15.99 to GH¢14.99 per litre. In a notice to all its service stations seen […]
OMCs commence fuel price reviews; Star Oil sells petrol at GH¢14.97, diesel kept at GH¢16.97
But some of the OMCs have told Joy Business that even though a decision has not been taken on prices that does not mean they will not review prices later in the day.