The Food and Beverages Association of Ghana (FABAG) has issued a strong condemnation of the latest utility tariff adjustments announced by the Public Utilities Regulatory Commission (PURC), describing the increases as unjustified, insensitive and unacceptable. In a statement released on Sunday, December 7, the association rejected the 9.8% increase in electricity tariffs and 15.9% upward...
Author: Justice Amissah (Justice Amissah)
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African Petroleum Regulators Forum adopts Nigeria as headquarters, elects Komolafe Chairman
The African Petroleum Regulators Forum (AFRIPERF) has unanimously adopted Nigeria as its official headquarters and also elected the Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engineer Gbenga Komolafe, as chairman of the Forum. Prior to the endorsement, Engineer Komolafe was interim chairman of AFRIPERF. The decision was announced at the inaugural executive committee...
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Energy Sector Budget Review By CEMSE
The 2026 budget was presented with high expectations of improved efficiency in the energy sector, reduction of debtg in the sector, and improved capital expenditure to increase access to electricity to over 99%. In addition, there were high expectations of new petroleum agreements and Power Purchase Agreements to increase future crude oil outputs and available...
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APPO Ministers Reaffirm Commitment to Africa Energy Bank at 48th Ordinary Session in Brazzaville Republic of Congo.
November 5, 2025 The African Petroleum Producers’ Organization (APPO) has renewed its commitment to the establishment of the Africa Energy Bank (AEB) following the conclusion of its 48th Ordinary Session of the Ministerial Council, held on November 4, 2025, in Brazzaville under the High Patronage of His Excellency Denis Sassou Nguesso, President of the Republic...
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State plants running below capacity; IPPs offer better efficiency – Apetorgbor
The Chief Executive Officer of the Independent Power Producers (IPPs), Dr. Elikplim Apetorgbor, has refuted claims that government-owned power facilities are less expensive to manage compared to private ones, asserting that Independent Power Producers offer greater operational efficiency and sustained value to Ghana’s power industry.Speaking during a panel discussion themed “Financing the Future: Tackling Legacy...
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Reactor vessel delivered for El Dabaa unit I
The first reactor vessel has been delivered to the El Dabaa construction site of Egypt’s first nuclear power plant.The 330-tonne reactor vessel was manufactured at Rosatom’s Izhora plant, in a process which took 41 months. The reactor vessel is about 13 metres long and 4.5 metres in diameter. The service life is for an initial...
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GNPC holds Vendor Engagement Seminar as part of 40th anniversary celebration, Pushes Stronger Local Participation
The Ghana National Petroleum Corporation (GNPC holds Vendor Engagement Seminar as part of 40th anniversary celebration, Pushes Stronger Local ParticipationGNPC) has deepened its commitment to promoting local content in the oil and gas sector by hosting its maiden Vendor Engagement Seminar as part of its 40th anniversary celebrations.The forum, held under the theme “Promoting Local...
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𝐒𝐭𝐚𝐫 𝐎𝐢𝐥 𝐒𝐡𝐢𝐧𝐞𝐬 𝐚𝐭 𝐏𝐞𝐭𝐟𝐮𝐧 𝐆𝐚𝐦𝐞𝐬 𝟐𝟎𝟐𝟓! 🌟⛽🏆
Star Oil emerged as the 𝐁𝐞𝐬𝐭 𝐏𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐢𝐧𝐠 𝐎𝐌𝐂 at this year’s Petfun Games, sweeping an impressive 4 trophies, 2 medals and 2 special awards! 🥇🥇🥇🥇 We are proud to say that we are not only Ghana’s largest petroleum company, but also the champions of fun, teamwork, and sportsmanship. 💪🎉 At Star Oil, we fuel excellence...
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9th Ghana Energy Awards: Theme and Award Categories Announced
The 9th Ghana Energy Awards (GEA) has officially opened nominations, unveiling this year’s theme: “Repositioning the Energy Sector as a Pillar of National Development.” Organisers say the theme is a call to action for stakeholders to harness Ghana’s energy potential as a driver of industrialisation, while addressing persistent challenges through innovation, reform, and collaboration. Entries...
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India will keep buying Russian oil despite Trump demands
(Bloomberg) — India’s Finance Minister Nirmala Sitharaman said the country will continue buying Russian oil, signaling its intent to defy U.S. President Donald Trump’s persistent demands to halt the purchases. Where we buy our oil from, especially a big-ticket foreign exchange item where we pay so much, highest in terms of import, we will have...