COVID-19: Government’s 50% absorption of electricity bills to cost GHC1 billion

The government’s free electricity intervention as part of measures to minimize the economic and social impacts of the coronavirus pandemic is estimated to cost the nation GHC1 billion for the three months. This was revealed by the Minister for Energy, John Peter Amewu during the Ministry of Information’s routine Press Conferences on COVID-19 on Thursday, […]

2 Oil blocks taken- negotiations set to begin

Two international oil exploration companies have been declared winners two oil blocks of the first licensing round of oil exploration. First Exploration and Petroleum Development Company, in partnership with Elandel Energy (Ghana) Limited as local partner, won the bid for block GH_WB_02. Similarly, Eni Ghana Exploration and Production Limited, in partnership with Vitol Upstream Tano […]

IMANI lacks competence in petroleum economics: ignore their virtuperations on Aker deal – Energy Minister

IMANI Africa’s analysis of the contractual agreement between the Government and Aker Energy, a Norwegian oil firm, of the Deepwater Tano/Cape Three Points (DWT/CTP) block lacked technical knowledge and understanding of petroleum economics. Mr Peter John Amewu, the Energy Minister, said this when he addressed a news conference in Accra on Friday, to respond to […]

Scrapped fuel taxes cost 232 million Ghana Cedis between 2017 and 2018-Energy Minister

By John Elliot HAGAN, Accra Minister for Energy John Peter Amewu has disclosed that government spent GH₵232 million providing tax reliefs on petroleum products to ordinary Ghanaians between December 2017 and June 2018. He says the reliefs are part of government’s efforts to use tax interventions to mitigate the impact of the increasing price of […]

Energy Minister in UAE for global renewable energy  meeting

Minister  for  Energy,  John-Peter  Amewu  together  with a  delegation  from  the  Ministry  and  Energy  Commission  are  representing  the  country  at  the ninth  session  of  the  Assembly  of  International  Renewable  Energy  Agency  (IRENA).  The meeting  is  scheduled  to  take  place  from  January  10  –  13,  2019,  at  the  St  Regis  Saadiyat Island,  Abu  Dhabi,  United  Arab  […]

Just in: NEDCo demands 40 percent tariff increase, makes 230 million cedis loss in 2018, says its headed for a crisis

Information available to indicates that the Northern Electricity Distribution Company (NEDCo) is demanding a 40 percent increase in electricity tariffs in order to enable it sustain its operations. According to the company, anything short of approving or granting the request will see the company collapse within the shortest time possible. A source within the […]

Gov’t drowning in failure, desperately trying to taint the NDC to survive-Minority

The opposition National Democratic Congress (NDC) Minority says the current government under the leadership of president Nana Addo Dankwa Akufo-Addo is drowning and desperately trying to taint the NDC in order to survive. According to the Minority, the government has failed in almost all facets of the economy including education, health, roads, agriculture and the […]

ACEP lauds gov’t for renegotiated Ameri deal, says 51.3 million dollar savings commendable

Energy Think-tank, African Centre for Energy Policy (ACEP) has commended government for renegotiating the Ameri deal and making a substantial savings of 51.3 million dollars. A statement issued by the think-tank and signed by its Executive Director, Dr. Benjamin Boakye stated in part that ‘’the addendum presents a more favorable liability for government than the […]