21st April, 2022 The Deputy Chief Executive Officer at the Ghana National Petroleum Corporation (GNPC), in charge of Technical Operations, Opoku-Ahweneeh Danquah, has taken over from Dr. Kofi Koduah Sarpong as the new chief executive officer of the company. Dr. K.K Sarpong is expected to step down as the chief...
AfDB committed to energy projects – Dr. Kevin Kariuki
21st April 2022 The African Development Bank (AfDB) remains committed to financing gas projects for energy generation in Africa, the Vice-President for Power, Energy, Climate, and Green Growth at the bank, Dr. Kevin Kariuki, has said. Despite a global campaign against investment in fossil fuels, he said, the development bank...
Ten energy sector SOEs make GH¢9bn losses in 3yrs as ACEP bemoans threat to economy
29th April 2022 Ten State-owned Enterprises (SOEs) operating in the energy space recorded cumulative losses of GH¢9billion within three years. The sector’s SOEs recorded losses of GH¢3.7billion in 2018, GH¢2.9billion in 2019, and GH¢2.5billion in 2020 – with Electricity Company of Ghana (ECG), Tema Oil Refinery, Valco, and Northern Electricity...
PURC begins stakeholder engagement in Tamale over installation of new split smart meters
29th April 2022 The Public Utilities Regulatory Commission (PURC) has begun engagements with key stakeholders within the Tamale metropolis to ensure a smooth installation of split smart meters by the Northern Electricity Distribution Company (NEDCo). Residents of Tamale, particularly Koblimahagu earlier resisted the installation of these meters leading to...
We Cannot Risk Stranded Oil Assets in Energy Transition- Deputy Energy Minister
1st March 2022 Deputy Energy Minister, Hon. Andrew Egyapa Mercer has stated that it is important for Ghana to consider several important factors in the global conversation about energy transition, lest the country risk sitting on stranded oil assets that are key to our development agenda. He made this call...
Over ¢6 million stolen power retrieved – Tema ECG
3rd March 2022 The Tema Region of Electricity Company of Ghana (ECG) in its vigilance retrieved GH¢6.2 million for power theft in 2021. The region last year doubled its efforts in recovering every pesewa to help reduce commercial losses and improve revenue collection of the company. In an interview...
Expo 2020: Energy Minister woos investor
8th March 2022 Matthew Opoku Prempeh The Minister of Energy, Dr. Matthew Opoku Prempeh, has urged business leaders and decision-makers to come and invest in Ghana’s energy sector. Speaking at the Energy Investment Forum organized by the Ministry of Energy on the sidelines of EXPO 2020 in Dubai, United Arab...