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Russia on track to become world’s top gold producer by 2029 – report
Despite some disruptions caused by the covid-19 pandemic, Russia is expected to surpass China as the world’s top gold producer…
Five oil majors reduce value of their assets by $50 billion in Q2
Five oil majors (including Exxon Mobil and British Petroleum) reduced the value of their assets by $50 billion in Q2, 2020.…
Exxon: 20 percent of global oil and gas reserves may be wiped out
After a grim second quarter season for Big Oil, the world’s third-most valuable energy company is warning that 20% of the…
Mining firms’ debt to GRIDCo affecting work of the power producer
The Institute of Energy Security (IES) has noted that aside the Electricity Company of Ghana (ECG), the indebtedness of the…
TC’s Energy, Power China sign agreement to revive Ada Foah Wave Energy…
TC’s Energy USA and its partners, Power China Huadong Engineering Corporation Ltd and Seabased of Sweden, have signed a major…
IES predicts marginal stability in fuel prices for July ending
The Institute of Energy Security, IES, says fuel prices will be marginally stable for the second pricing window for July 2020…
COVID-19: 236 local oil & gas workers rendered jobless; more to follow
Some 236 Ghanaian employees in the oil and gas sector have lost their jobs whereas others have taken pay cuts since May this year,…
Ghana sleeping on renewable energy adoption
“All across the world we are noticing growth. Technology growth is the driving principles that are developing renewable energy…
Transition to renewable energy not an European solution – IES
The energy landscape’s transition to renewables is a global panacea for the high energy cost and sustainable development, and…
European Travel Bans are counter-productive – African Energy Chamber
The African Energy Chamber has observed that the ongoing travel bans and restrictions of visa issuance are de facto preventing a…