News

The Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid has assured his primary objective is to ensure rules and regulations are adhered to by players in the petroleum downstream industry. He said, that is the only way the industry will achieve its vision, whilst players enjoy the full benefits of the industry. […]

The Institute of Energy Security (IES) is predicting stability in fuel prices in the second pricing window of July 2021. The Institute since the start of the year has been making projections to keep consumers informed about the trends in prices of crude oil and its effect on fuel prices in the country. In a release from

The Institute of Energy Security (IES) has said prices of fuel will appreciate marginally at the pumps. A statement issued by IES indicated that the price of fuel on the local market increased within the window under review. Within the first pricing window of June 2021, majority of the oil marketing companies (OMCs) increased their

The Chief Executive of the Ghana Chamber of Bulk Oil Distributors (CEO), Senyo Hosi has proposed the passage of legislation to enforce the display of safety compliance ratings at all petroleum filling stations in the country. This, he says, will help ensure public safety and minimize accidents such as the one which occurred on June

Former Minister Zongo Development and Inner Cities, Mustapha Hamid has been appointed by President Nana Akufo-Addo as the Chief Executive Officer of the National Petroleum Authority (NPA). Starr News sources indicate that the appointment takes effect from 1 July 2021. Mr Hamid will be responsible for overseeing all operations in the downstream petroleum sector. Dr

The Chief Executive of the Ghana Chamber of Bulk Oil Distributors, Senyo Hosi has welcomed the appointment of the new CEO of the National Petroleum Authority, Dr Mustapha Abdul-Hamid. In his new role, Dr. Abdul-Hamid, a former Minister of Inner-City and Zongo Development, will superintend the regulation and monitoring of the downstream petroleum industry in

The Association of Oil Marketing Companies (OMC) has attributed the increase in fuel prices to a hike in the global oil market. Fuel prices at the pumps shot up from GHS6.05 to GHS6.23 on Saturday, June 19, 2021. Some consumers have expressed concern over the development. The Chairman of the Board of Oil Marketing Companies,

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