General Electric (GE) plans to make major job cuts in its U.S. wind operations and will consider its other markets too as windfarms are proving to be a major expense in the wake of Covid and the Russian invasion of Ukraine. Continued supply chain disruption and the high cost of wind turbines are deterring companies from investing in wind energy, as they look for cheaper alternatives.
The Bulk Oil Storage and Transportation Company Limited (BOST) is
positioning itself to take advantage of a GH¢970million oil re-export
market in landlocked nations within the sub-region.
Ghanaians would be expected to pay more for fuel products come
October ending.
Ghana has no spot on the list of Africa’s top 10 most expensive gas prices for October 2022, the latest GlobalPetrolprices.com survey has indicated.
Stocks and bonds are out, and oil is in. That has become the new playbook for many hedge funds this year as they try to navigate rising interest rates, persistent inflation, and a tech-heavy equity market that remains deeply out of favor.
Energy is at the heart of the challenges of achieving both the 2030 Agenda for Sustainable Development and the Paris Agreement on climate change.
The National Petroleum Authority (NPA) has fined nine (9) oil marketing companies (OMCs) ₵2,215,000 cedis for engaging in illicit Third-Party trading of petroleum products, and unlawful lifting of petroleum products.
GHANA is aiming at phasing out petrol, liquefied petroleum gas (LPG) and diesel-powered vehicles by 2040.
Underneath a chaotic global energy market is a dislocation between oil prices on the futures and physical market that appears to have emerged.
The National Petroleum Authority (NPA) has fined nine (9) oil marketing companies (OMCs) ₵2,215,000 cedis for engaging in illicit Third-Party trading of petroleum products, and unlawful lifting of petroleum products.