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The Executive Secretary of the African Refiners and Distributors Association, Anibor Kragha, has described the 650,000 barrels per day (bpd) oil refinery construction project being undertaken by the Dangote Group in Lagos, Nigeria, as a welcome development that would transform the petroleum industry in Africa. Delivering remarks at a webinar hosted by the Ghana Chamber […]

The Association of Oil Marketing Companies (AOMC) on Friday said activities of Petroleum Black Market dealers pose a threat to the country’s downstream petroleum sector and called on National Security to tighten the noose. Mr Henry Akwaboah, Chairman of the Board of Governors of AOMC, said that the growing Petroleum Black Market could disrupt the

The Chief Executive Officer (CEO) for the Ghana Chamber of Bulk Oil Distributors, Mr. Senyo Hosi has called on industry players on the continent to support Dangote Refinery to succeed. The seasoned industry player made this call during a webinar hosted by the CBOD on Thursday, June 3, 2021, on updates on the Dangote Project

Chairman of the Board of Governors of Association of Oil Marketing Companies (AOMCs), Mr Henry Akwaboah, says the association is ensuring the safety of workers and customers at the pumps and other workplaces. He said safety will always be a fundamental business practice that the association takes seriously. Mr Akwaboah was speaking at the launch

The Association of Oil Marketing Companies has launched its fifth annual safety week to educate and remind industry players to keep to their safety measures to make it congenial for their customers. It was also the springboard for them to review their performance in the past two years in the face of the coronavirus pandemic.

The Association of Oil Marketing Company (AOMC) has disclosed that Oil Marketing Companies (OMCs) cannot fix fuel prices higher than the scheduled price build up from the regulator, the National Petroleum Authority (NPA) under the deregulation policy. Mr Kwaku Agyemang-Duah, Executive Director of the AOMC said there was a scheduled price build-up from the NPA,

The Minority in Parliament says lack of confidence in the Nana Akufo-Addo-led government is the reason why ExxonMobil has withdrawn its interest in Ghana’s Deep Water Cape Three Point. ExxonMobil said it is unwilling to enter an extension of the contract originally signed in 2018. It stated its decision in a letter to Ghana’s Energy

The Institute for Energy Security (IES) has projected an increase in fuel prices by Oil Marketing Companies at the pump in the month of June. This, according to the IES, is a result of an increase in international market variables as well as the depreciation of the Cedi. The increase will be implemented “especially by

Ibistek Limited, an engineering consultancy firm, has introduced the newly built Takoradi Oil Jetty to members of the Ghana Chamber of Bulk Oil Distributors. The automated jetty was constructed following a concessional agreement between the Ghana Ports and Harbours Authority and Ibistek Limited. The project is part of an expansion programme led by Ibistek Limited.

The Association of Oil Marketing Companies (AOMC), has marked six years of the deregulation policy of petroleum product pricing in the country, which started fully on June 15, 2015. Mr Kwaku Agyemang-Duah, AOMC Executive Director explained that the issue of the pricing of petroleum products had dominated public discourse and policy contestations for years as