“President Akufo-Addo has asked Mr Boakye Agyarko to hand over his office to the minister of lands and natural resources, Mr John Peter Amewu, who will act temporarily as minister of energy, until a substantive appointment is made,” read a statement from the Presidency cited by Joy News.
Former Minister Agyarko had been facing criticism for a revised version of a BOOT agreement with AMERI Group that he submitted to parliament for approval. The new agreement would have extended the current five-year deal under which AMERI operates a 300-MW emergency power plant to 15 years and brought in Mytilineous International Trading Company to manage the facility.
The Senior Staff Association of the Volta River Authority has said the renegotiated power purchase deal would result in losses for the country of up to USD 472 million.
The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More
ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More
BP-Eni joint venture Azule Energy has entered a strategic farm-in agreement with Rhino Resources in Namibia's offshore Orange Basin, the… Read More
Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More
ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More
This website uses cookies.