Minority Caucus in Parliament has called for the immediate interdiction of the Chief Executive Officer (CEO) of the Bulk Oil Storage and Transportation (BOST) Company, Mr. Alfred Obeng Boateng, over the alleged sale of five (5) million litres of contaminated fuel. According to the minority, the transaction between BOST and an unlicensed company, Movenpiina, was … Read more
US antitrust regulators on Monday ordered General Electric to divest one of its units in order to win approval for the merger of its oil services business with Baker Hughes. Without the sale, the proposed merger would threaten competition in the petroleum refining business where the two companies compete vigorously, the Justice Department said. Both … Read more
Due to the growing need for countries to secure power supplies much more quickly than the time it takes for a normal power plant to be completed (anything from 5 to 20 years) an American company called General Electric (GE) has developed “power plants on wheels” or “power plants in a box” that anyone can … Read more