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Petroleum Commission is focused on its mandate - Egbert Faibille Jnr

Chief Executive Officer (CEO) of the National Petroleum Commission, Egbert Faibille Jnr, has mentioned that the Petroleum Commission is focusing on its mandate since he came into office six months ago.

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Fuel prices must go down – NPA to OMCs

The National Petroleum Authority (NPA) has instructed Oil Marketing Companies (OMCs) to with immediate effect implement the revised Special Petroleum Tax which has been reduced by two per cent.

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Kwesi Pratt lambasts government over failure to scrap Special Petroleum Tax


Seasoned journalist Kwesi Pratt has lambasted the government and the National Petroleum Authority (NPA) for failing to scrap the Special Petroleum Tax as earlier promised Ghanaians.

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2% fuel prices reduction is an insult to us – Driver unions


Some driver unions in the country are dissatisfied with the government’s two percent decrement in petroleum products.

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VRA to ‘sell’ non-core businesses


The country’s largest power producer, the Volta River Authority (VRA), is seeking to privatize most of its non-core businesses, as the Authority strategises to become one of the leading power producers in the sub-region.

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Fuel prices to drop further; as Government hints of ‘bailout’ plans for BDCs


There could be a further reduction in the prices of petroleum products as the government has hinted of plans to provide financial assistance to the Bulk Distributing Companies (BDCs) to help them secure good deals at the trading level.

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Fuel prices: Government fast losing credibility – IES


Energy think-thank Institute for Energy Security(IES) has said the Akufo Addo led-government is losing credibility in the eyes of petroleum consumers for reviewing the Special Petroleum Tax instead of scrapping it.

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2% reduction in SPT not enough – Buah


The Akufo-Addo-led government could have done better in the reduction of the Special Petroleum Tax, Emmanuel Kofi Armah Buah, Member of Parliament for Ellembelle and former Minister for Petroleum has said.

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BDCs support TOR’s operations to comingle


Information available indicates that Tema Oil Refinery (TOR) after series of maintenance is expected to come onstream with 1500ppm diesel against the 50ppm (Parts Per Million) being imported by the Bulk Distributing Companies (BDCs).

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Renewable Energy

The 225MW wind farm Ayitepa to be a game changer for Ghana


Ghana would once again play a pioneering role to be the leading West African country to switch from the predominance of thermal and conventional energy generation sources to the introduction of the production of electricity from renewable energy sources like wind energy. This feat would be achieved when the 225MW Wind Farm Ayitepa to be located within the Great Ningo Traditional Area in the Greater Accra Region is completed.

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