What Ghana needs now is a mega plan on gas
BY: Mariilyn Badoo In April 2015,Ghanaians woke up to the good news that the stifling power crisis which is deeming the economic fortunes of the country, would be banished into history within weeks...
View ArticleCorruption and secrecy in oil and gas management must go – ACEP
Representatives from African oil and gas producing countries congregate in Ghana to seek the best governance countries for their oil and gas industries. The two-day maiden African Oil Governance Summit...
View ArticleMisappropriation Of Ghana’s Oil Revenue
Seventy per cent (70%) of the Petroleum Holding Fund is used to support the country’s budget to fund projects in four key areas. However, the Africa Centre for Energy Policy (ACEP) says it will be more...
View ArticleGhana Gas procures standard compressor
A survey and procurement processes had been completed for the commencement of the project, which would be completed within nine months. Upon completion, the compressor would be in operation whenever...
View ArticleIsrael and Turkey sign gas deal worth US$1.3 billion
The Leviathan natural gas field was discovered in 2010 and holds an estimated 622 billion cubic meters (bcm) natural gas reserves. The partners said they commit to providing 6 bcm within 18 years....
View ArticleSustainable solutions for Dumsor in Ghana is not an option
“…According to Ghana’s GRIDCO, the annual cost of fuel alone for thermal power plants in Ghana is about $1,140 billion. In 5.5 years…fuel alone would require $6,270 billion… Now, only 1,500 megawatt...
View ArticleGE Oil & Gas ready to support Ghana Energy Sector
It leverages their global network of facilities and expertise in support of customer operations in existing and emerging countries with oil and gas interests. On Friday (18 March), leaders from both GE...
View ArticleAlbania’s industrial sector turnover falls 4.4%
The mining and quarrying activities fell sharply by 37.2 percent year-on-year, Albanian Daily News reported Monday, citing the latest report of the National Institute of Statistics (INSTAT). Over the...
View ArticleSt. Petersburg Hosting Auto World Exhibition
The exhibition will present the leading brands of Audi, Mercedes Benz, Smart, Volvo, Infiniti, Subaru, Lifan, Nissan, GAS, and Volvo. New to the exhibition will be the demonstration of the PTC electric...
View ArticleGov’t to acquire LNG storage barge for more power supply
This was revealed by President John Dramani Mahama on Sunrise FM Thursday April 14, 2016, as part of his ‘Accounting to the People Tour’ of the country. Mr Mahama, currently in the Eastern Region on...
View ArticleBy 2019 Ghana’s Gas Production is expected to multiply
According to him, while production will reach 300 million standard cubic feet of gas per day (mmscf), oil production will also reach between 180,000 and 200,000 barrels of oil per day (bopd). Ahwireng...
View ArticleBusy rewards exhibitors at 7th Oil, Gas and Power Summit
They are, Ms Lordina Ofori of GIL Automations and Mr Badari Narayana, Manager of Group Menergy. The draw was held as part of the closing ceremony of the two-day summit. Exhibitors and patrons of the...
View ArticleU.S. driver’s paying the highest for gasoline
Motor club AAA reports a national average retail price for a gallon of regular unleaded gasoline of $2.22, up only a fraction of a percent from the previous day and 3.7 percent higher than last week....
View ArticleGhana begins process to disclose beneficial owners of petroleum contracts
The GEITI Report on oil and gas for 2014 published in December 2015 released here criticized the current practice of awarding oil blocks and licenses using the open door negotiated process. The report...
View ArticleIran to find solutions to dollar waste by gas flames
The country loses at least 28 million cubic meters of natural gas flowing alongside extracted crude in oilfields each year, Mohsen Khojasteh Mehr, an official with the Oil Ministry, was quoted as...
View ArticleGhana, Trinidad and Tobago pend signatures on oil and gas
Rowley, who was accompanied by government officials and chairmen of the Trinidad Oil and Gas companies, told journalists the time had come for Ghana and Trinidad and Tobago to co-operate for their...
View ArticleOrganizations advocates for transparency in Ghana’s natural resource industry
At”Civil Society Anti-corruption Dialogue on Extractive Sector” dialogue session, Executive Director of Africa Center for Energy Policy (ACEP) Mohammed Amin Adam said on Tuesday government must adopt a...
View ArticleIranian Official Salutes China’s connection in oil and gas projects
“China is a strategic partner for Iran and we are seeking to enhance our relations with this country,” deputy oil minister for international affairs, Amir Hossein Zamaninia, was quoted as saying....
View ArticleCongo to rely on gas earnings to supplement its falling oil revenue
By Andronicus Sikula Due to the drop in oil prices which has negatively affected the state budget and paralysed various economic sectors, the Republic of Congo government is trying all means to...
View ArticleA Breakthrough on Gas Separation Chalked
Ethylene, a major raw material for plastic, rubber and paint production, must be separated from acetylene, a byproduct, in order to manufacture these products. The new separation process is considered...
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