Fuel Prices Up 11%
Fuel prices across various outlets in the country have increased between three and 11 per cent, the Chamber of Petroleum Consumers Ghana (COPEC-GH) has indicated. This follows a review of fuel prices...
Tag: Energy economics
Government Hits Jackpot
Government has bagged over GHC3.4billion from taxes imposed on petroleum products for the first six months in 2016. Data released by the National Petroleum Authority (NPA) for products sold for the...
NPP Promises To End ‘dumsor’
The New Patriotic Party (NPP) has outlined an elaborate plan aimed at dealing decisively with the energy crises that has bedevilled the country by bringing to an end the persistent, irregular and...
Fuel Prices Likely To Go Up Again
The Chamber of Petroleum Consumers Ghana, has forecast a likely 7-13 percent fuel price adjustment beginning Sunday October 16. According to the Chamber, “the decision for cuts in OPEC production...
How Pound’s Falling Value Affects You
The tumbling value of the pound against the US dollar, euro and other currencies since Britain voted for Brexit could have a significant impact on British consumers and businesses. Earlier, it...
I’ll End Dumsor – Ayariga
The presidential nominee of the All People’s Congress (APC), Mr Hassan Ayariga, has promised to end the erratic energy situation (dumsor) that has bedevilled the country for years, should he win...
Mining Firms Adopt Renewable Energy To Reduce Costs
Citi Business News has gathered that mining companies in the country have resorted to renewable energy as a supplement to power supply due to the increasing cost of thermal power. Mining companies...
Energy Commission Pushes For Private Sector Investments In Solar Energy
The Energy Commission says Ghana will not need external funding to harness its renewable energy resources if private sector participation in the industry is expanded. According to the Chairman of the...
Petrol To Rise, Diesel Will Be Same
Within the first week of the second pricing-window for September 2016, petrol and diesel prices fell by an average of 0.78% and 0.84%, respectively. Three Oil Marketing Companies (OMCs) namely: Puma...
Petrol To Rise Marginally, Diesel To Remain Unchanged
The Institute for Energy Security (IES) projects petrol prices to rise marginally whilst diesel price on the local market remain stable for the next Pricing window which takes effect from Saturday...
VRA Must Consider Renewable Energy Not Coal Energy
“Clean coal is a myth. There is no technology like that and we challenge VRA to show us examples of such technology”-350 Ghana Reducing our Carbon (G-ROC). When the news of Volta River Authority...
CSO Kicks Against Coal-Fired Power Plant At Ekumfi
A civil society organisation has kicked against the decision of the Volta River Authority (VRA) to establish a coal-fired power plant at Ekumfi in the Central Region. The organisation, known as 350...
OPEC Agrees Surprise Oil Output Cut
Algiers (AFP) - The Organization of Petroleum Exporting Countries (OPEC) agreed Wednesday to cut oil production, ministers said, in a surprise move aimed at boosting persistently weak crude prices....
AfDB Poised To Lighten Africa
Dr Akinwumi Adesina, President of the African Development Bank (AfDB) has called for bold action to light up Africa within the next 10 years. “Ten years is the timeframe. We need to take Africa out...
Toxic Diesel
Following a global report which has uncovered that Ghana’s market is flooded with toxic diesel, The Finder can report that data from the National Petroleum Authority (NPA) has revealed that Bulk...
REHAU To Set Up Manufacturing Facility In Ghana
German multinational polymer specialist, REHAU AG & Co, is set to increase investment in Ghana to set up a warehouse and a fabrication factory to support its operations in the country. The company,...
Fuel Prices To Remain Stable – IES
Prices of fuel products are expected to remain steady in the second fuel pricing window which begins on Friday, September 16, the Principal Research Analyst at the Petroleum Unit of the Institute for...
NPP To Introduce 10-Yr Power Plan To End Power Crisis
The New Patriotic Party (NPP) will implement a 10-year power sector master plan in an effort to end the power crisis that has plagued the country for years now. The plan is expected to increase the...
LPG Shortage Looms
The Institute For Energy Security (IES) is warning of a possible shortage of Liquefied Petroleum Gas (LPG) this month. “Within the first pricing window, The Institute For Energy Security foresees...
Mixed Reactions Over Transport Fares As Fuel Prices Shoot Up
Drivers within the capital have expressed mixed reactions over the possible increase in transport fares following an increase in the prices of petroleum products last Friday. Some of the drivers, who...