Tag Archives: IES

The Institute for Energy Security (IES has predicted a downward trend in fuel prices for the first half of August 2024, driven by favourable international market conditions. According to the IES, this anticipated price drop is attributed to positive market dynamics globally. The institute predicts a 2-4% decrease in prices …

The Chamber of Petroleum Consumers (COPEC) and the Institute for Energy Security (IES) have urged the National Petroleum Authority (NPA) to shut down the Chinese Sentuo Oil Refinery over alleged illegal operations. COPEC and IES, in a statement on February 21, 2024, raised concerns about the refinery operating without the …

The Executive Director of the Institute of Energy Security (IES), Nana Amoasi VII, has described as ‘thievery’ the Finance Ministry’s 10-year contract with Strategic Mobilisation Ghana Limited (SML). This comes after Strategic Mobilisation Ghana Limited was awarded an additional contract worth up to ¢24 million per month. The contract calls …

The Institute for Energy Security (IES) is calling on government to come clear on the 600,000 barrels of Russian crude oil aboard MT Theseus. According to the energy think tank, government must also let Ghanaians know why it failed to block the vessel as suggested by the boss of the …

The Institute for Energy Security (IES) has questioned the assumption used in establishing the new electricity tariffs by the Public Utility and Regulatory Commission beginning February 1, 2023. The IES in a statement described the announcement as baseless. PURC early this week announced an increment in electricity prices by about …

The Institute of Energy Security (IES) has appealed to President  Nana Addo Dankwa Akufo-Addo to intervene to rescue the Tema Oil Refinery (TOR) from folding up. The IES said TOR is at the moment saddled with huge debts, poor management and other challenges that must be tackled immediately. A statement …