A deputy Minister of Energy Mohammed Amin Adams has told the Jubilee Partners government will not entertain too many shutdowns of the Floating Processing Storage and Offloading FPSO vessels. He said...
The Monetary Policy Committee of Bank of Ghana has reduced the policy rate by 200 basis point, the bank announced on Monday. This means the rate at which the central bank lends to commercial banks...
Bernard Owusu should be sacked from BOST for being COPEC member – Minister Energy Minister Boakye Agyarko has suggested Bernard Owusu, an executive member of the Chamber of Petroleum Consumers...
The Chamber of Petroleum Consumers (COPEC) has said it would soon petition the Special Prosecutor to investigative issues surrounding the sale of some 1.8 million barrels of crude oil by Bulk Oil...
The Chamber of Petroleum Consumers (COPEC) has said it would soon petition the Special Prosecutor to investigative issues surrounding the sale of some 1.8 million barrels of crude oil by Bulk Oil...
Managing director of BOST, Alfred Obegn Boateng, has sued the executive secretary of COPEC Ghana, Duncan Amoah, seeking a total of GHC5 million as damages over allegation of death threats. Mr. Duncan...
Board members of the Bulk Oil Storage and Transportation (BOST) will on Monday meet to take a decision on the latest allegation of ‘shady deal’ levelled against the company. The Chamber of...
As we celebrate Ghana’s 61 years of independence, let’s reckon on apparent events that would make you cry for our home nation, Ghana. I personally hold the opinion that, we the youth of Ghana...
A few days ago, the President Nana Addo Dankwa Akufo-Addo in fulfillment of Article 67 of the 1992 Constitution, delivered the State of the Nation Address to Parliament. This was his second address...
The Ghana Grid Company (GRIDCo) says it will soon start the export of some 50 megawatts of electricity to Burkina Faso once work on the interconnection lines has been completed. Mr Frank Okyere, the...
The Institute of Fiscal Studies (IFS) has urged government to consider a comprehensive hedging programme that would cover imports and exports of Ghana’s petroleum resources as well as interest...
Aggrieved workers of the Tema Oil Refinery (TOR) are expected to meet their management today (Monday February 5) over plans to build a new refinery. The Energy Minister Boakye Agyarko last week...
Prices of fuel are likely to see further drop in the first pricing window of July by about 2%. This is according to the Institute of Energy Security (IES). The Institute believes indicators such as...
President Donald Trump may accuse Qatar of sponsoring terrorism, but that did not stop the wealthy emirate this week from lighting up the Empire State building in the national colors of his Middle...
Ten years ago this month when the announcement of commercial discovery of crude oil in Ghana was made, the price of a barrel of crude oil was about $68 and on steady increase. The price increase...
The Director of the Integrated Social Development Centre (ISODEDC), Dr. Steve Manteaw wants Ghana to be “cautiously optimistic” with China’s intention to commit to $15 billion into Ghana’s...
Vice President, Dr. Mahamadu Bawumia, has revealed that the Chinese government will release the remainder of the $3 billion China Development Bank (CDB) loan it withheld. Dr. Bawumia was addressing...
Public Interest and Accountability Committee (PIAC) wants government to consider hedging a portion of Ghana’s share of crude oil exports. Although the committee is recommending this to cushion the...
Continuous dip in some key commodity prices on the world market is likely to impact the output of certain commodity-bound listed companies on the Ghana Stock Exchange. The world price of Crude Oil...
Under a leaden sky in oil-rich southern Nigeria, young men hang around with nothing to do, covering their noses from the noxious fumes of the polluted swamp. The sight in Bodo, some 40 kilometres (25...
