The Energy Ministry will be setting up an eight-member investigative committee to look into the Bulk Oil Storage and Transportation (BOST) company’s controversial sale of 5 million litres of contaminated fuel. The committee has been mandated to determine the circumstances that led to the contamination of the fuel and review the transaction, among others. The committee … Read more
The Energy Ministry has set up an eight-member investigative committee to look into the Bulk Oil Storage and Transportation (BOST) company’s controversial sale of 5 million litres of contaminated fuel. The committee has been mandated to determine the circumstances that led to the contamination of the fuel and review the transaction, among others. The committee will … Read more
Co-chair of the Ghana Extractives Industry Transparency Initiative (GHEITI) Dr. Emmanuel Steve Asare Manteaw, who is also a member of the Public Interest and Accountability Committee (PIAC), has said the inability of the country to properly sequence the governance frame work was the first mistake after the oil find in 2007. According to Dr Manteaw, … Read more
Energy Minister, Boakye Agyarko has charged the new Audit Committee for the energy ministry to commit itself to giving value for money as it commences its work. As part of fulfillment of provisions of Section 86 of the Public Financial Management Act 2016 (Act 921), the Minister on Friday, June 2, 2017 inaugurated a five … Read more
The Minister of Energy, Boakye Agyarko has described past agreements in the energy sector as “deal-driven” and not “strategy-driven”. He argues that most of the agreements with Independent Power Producers failed to fully address the energy needs of the country and has pledged to employ some strategic policies to guarantee the efficient generation and efficient … Read more
The world’s biggest oil producers Russia and Saudi Arabia on Monday called for extending an output reduction deal ahead of an OPEC meeting later this month. “To underscore the determination of oil producers to ensure market stability, predictability and sustainable development — the joint actions of the participating producers should be extended by 9 months, … Read more
Kenya plans to export its first oil in June, but analysts say the test phase faces major challenges and appears motivated primarily by political considerations just months ahead of elections. British company Tullow announced the discovery of oil in Kenya in March 2012, when prices were well over $100 (92 euros) a barrel, close to … Read more
Government has rolled out waivers for Independent Power Producers (IPPs) of renewable energy at a time that it has suspended the issuing of licenses to IPPs in the thermal space over concerns of excess power generation. This also follows government’s plan to increase the country’s renewable energy capacity to ten percent by 2020. Deputy Energy … Read more
Government has rolled out waivers for Independent Power Producers (IPPs) of renewable energy at a time that it has suspended the issuing of licenses to IPPs in the thermal space over concerns of excess power generation. This also follows government’s plan to increase the country’s renewable energy capacity to ten percent by 2020. Deputy Energy … Read more
The ongoing debate about the AMERI deal and questions about its genuity and or rather ingenuity remains with former Minister of State Vicky Bright joining in the controversial discussions. For her, the previous NDC government and the energy ministry is solely responsible for the leakage of some government documents which were vital for the contract … Read more
Deputy Minister for Energy, Dr. Amin Anta Mohammed has pledged his ministry’s support to the Energy Media Group, a media Company based in Accra with the sole purpose of running and delivering reportage on occurrences on the energy sector. According to Dr. Amin, the Energy Ministry’s support will enable the promotion of local content, which … Read more
The African Centre for Energy Policy (ACEP) will support an independent inquiry into the AMERI power deal. The centre insists that, such an enquiry will help lay to rest any doubts and debate currently ongoing about the appropriateness or otherwise of the deal. In an interview with Citi News, the Deputy Executive Director at ACEP, … Read more
The African Centre for Energy Policy (ACEP) is proposing an independent inquiry into the AMERI power deal. The centre insists that, such an enquiry will help lay to rest any doubts and debate currently ongoing about the appropriateness or otherwise of the deal. In an interview with , the Deputy Executive Director at ACEP, Benjamin Boakye, … Read more
The Ministry of Energy is developing a Gas policy and other regulations that it hopes Parliament will pass before the close of year to provide transparency in the emerging gas sector, a Parliamentary select-committee on Mines and Energy’s report has revealed. According to the Committee’s report, one of the key performance targets by the Ministry … Read more
Parliament Appointments Committee has resumed its sitting to vet some ministers of state and deputy ministers of the President. The deputy minister-designate of the Energy Ministry, Owuraku Aidoo is being currently vetted. Deputy Majority Leader and MP for Dome Kwabenya Sarah Adwoa Safo began the process, taking her turn before the committee to be grilled. … Read more
A former Energy Consultant for the Energy Ministry and Member of Parliament for Bongo, Edward Bawa, has dismissed a report by the Energy Ministry suggesting that the AMERI power deal was bloated. According to him, the findings contained in the report are inconceivable, arguing that extreme due diligence was conducted before government of Ghana signed … Read more
Deputy Ranking Member for the Mines and Energy Committee of Parliament, Adam Mutawakilu has called on the Energy Minister, Boakye Agyarko to initiate processes for prices of Liquefied Natural Gas (LNG) to come down. The call follows numerous complaints by industry players in the gas sector who argue that local gas in the country is … Read more
Deputy Ranking Member for the Mines and Energy Committee of Parliament, Adam Mutawakilu has called on the Energy Minister, Boakye Agyarko to initiate processes for prices of Liquefied Natural Gas (LNG) to come down. The call follows numerous complaints by industry players in the gas sector who argue that local gas in the country is … Read more
Saudi Arabia is committed to stabilising the global oil market, the energy ministry of the world’s biggest oil exporter said on Tuesday, as prices fell below $48 a barrel. OPEC and non-OPEC countries last year pledged to reduce output by around 1.8 million barrels per day (bpd) as part of a concerted effort to curb … Read more
The Minister of Energy, Boakye Agyarko, has sworn into office, the board members of Tema Oil Refinery (TOR). The ceremony took place on Monday, 13th March 2017 at the Ministry’s conference room in Accra. After administering the Oath of Office and Oath of Secrecy to the members, the Energy Minister congratulated and expressed gratitude to … Read more