No Increase In Fares – GPRTU
The National Chairman of the Ghana Private Road Transport Union (GPRTU), Mr Kwame Kumah, has said there has not been any increase in transportation fares. He said recent increases in fuel prices had...
Tag: Energy economics
No Increase In Fares — GPRTU
National Chairman of the Ghana Private Road Transport Union (GPRTU), Mr Kwame Kumah, has said there has not been any increase in transportation fares. He said recent increases in fuel prices had not...
Fuel Price Hikes Must Stop – COPECGH
The Chamber of Petroleum Consumers (COPECGH) has charged relevant authorities in the country to ensure that unreasonable fuel price increments are curtailed. According to a press release signed and...
OPEC Output Cuts Exceed Target
OPEC compliance with oil output reductions has exceeded the target because of higher Saudi cuts, Kuwaiti Oil Minister Essam al-Marzouk, head of a committee overseeing the decreases, said Wednesday....
Titans of Oil World Meet In Houston After Two-Year Price War
The biggest names in the oil world come together this week for the largest industry gathering since the end of a two-year price war that pitted Middle East exporters against the firms that drove the...
Power Situation Normalizes Today – Energy Ministry
Power supply in the country will normalize from today, Monday, February 27, 2017, the Ministry of Energy, has announced. A statement signed by the Communications Officer at the Energy Ministry, King...
Power Cuts To Worsen Over Unpaid Debts To WAPCo Et Al – Analysts
Analysts in the power sector fear the current disruptions in power supply would linger until such a time that government finds sustainable means to increase gas supplies to power the country’s...
ACEP Pushes For A Transparent Petroleum Sector Under NPP
The African Centre for Energy Policy (ACEP), has impressed on the NPP government to pursue processes to enact regulations to guide the effective implementation of the Petroleum Exploration and...
COPEC Discredits Fuel Price Increase Report
The Chamber of Petroleum Consumers(COPEC) has discredited reports that fuel prices will go up this week. The Institute of Energy Security (IES) predicted a 3 percent increase in fuel prices for the...
Fuel Prices To Remain Stable
The Chamber of Petroleum Consumers Ghana (COPECGH) has noted that prices of petroleum products in the country will remain fairly stable. A statement signed by Duncan Amoah, Executive Secretary,...
Petrol, Diesel Prices To Go Up By 3 Percent Next Week
The Institute of Energy Security (IES) has predicted a percent increase in fuel prices next week. According to the Institute, due to current developments around the world, it is likely prices for the...
Oil Prices Slip As High Stocks Overshadow OPEC Cuts
Oil slipped on Friday, pressured by growing global stocks, while expectations that an oil output cut by producers might eventually balance the market helped to underpin prices. Brent crude futures...
Fuel Prices To Go Up By 3% – IES
The Institute for Energy Security (IES) has indicated fuel prices could go up by 3% if government does not take any action to address recent developments in the energy sector. In a statement issued...
Fuel Prices To Go Up By 3%
The Institute for Energy Security (IES) has indicated that if government does not take any action to address recent developments in the energy sector, fuel prices could go up by three per cent at the...
Sub-Saharan Africa Lags In Sustainable Energy Policies
Sub-Saharan Africa, where more than a half billion people live without electricity, trails the world in government policies that promote sustainable energy, according to a new World Bank report...
Fresh US Drilling Capping Oil Price
Renewed drilling by US oil producers is keeping a ceiling on a global crude price recovery, cutting into the impact of deep reductions by other major producers, OPEC said Monday. In its latest oil...
OPEC Delivering On Agreed Oil Output Cuts
The OPEC oil cartel has implemented more than 90 percent of its agreed output cuts aimed at curbing a glut on world markets, Kuwait's oil minister said on Monday. OPEC and non-OPEC producers...
Oil Prices Fall On Bloated U.S. Fuel Inventories, Stalling China Demand
Oil prices slid on Wednesday to extend falls from the previous session, as a big increase in U. S. crude inventories and a slump in Chinese demand implied that global oil markets remain oversupplied...
Oil Prices Rise As Investors Pour Fresh Cash Into Crude Futures
Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and as concerns rose that new U. S. sanctions against Iran could be extended to affect crude...
Oil Edges Up On Threat of U.S. Issuing New Iran Sanctions
Oil prices edged up on Friday on news that U. S. President Donald Trump could be set to impose new sanctions on multiple Iranian entities, firing geopolitical tensions between the two nations....