The Chamber of Petroleum Consumers (COPEC) is urging government and the Ministry of Energy to review downward the price stabilisation and recovery levy to lessen the impact of international market prices shocks on pump prices. International Oil Prices for both crude and refined oil has surged by more than 12% from around $470/mt-$512/mt representing a […]
The fourth Ghana International Petroleum Conference (GhIPCON) will be held in Accra on the 10th and 11th of March, 2021. GhIPCON is Ghana’s foremost Petroleum Downstream Conference organised by the Chamber of Bulk Oil Distributors (CBOD) under the auspices of the Ministry of Energy and in partnership with the National Petroleum Authority (NPA) and the
GhIPCON 2021 set for March 10-11 Read More »
The Chief Executive Officer (CEO) of the National Petroleum Authority (NPA), Hassan Tampuli, has said a proposal by Bulk Oil Distributors for an alternative Conventional Buoy Mooring (CBM) facility has been sent to cabinet for possible approval. He said the Attorney General, Madam Gloria Akuffo, has given her opinion on the issue and a decision
BDC’s proposal for alternative mooring facility reaches Cabinet ― NPA Read More »
Chamber of Petroleum Consumers (COPEC) is predicting an increase in prices of fuel in Ghana in the coming days. COPEC believes the increment is likely to be seen in the second pricing window in December 2020. The Chamber indicated that the slight depreciation of the cedi among other things is a reason for this anticipated
Fuel prices could go up – COPEC Read More »
The Ghana Chamber of Bulk Oil Distributors (CBOD) has partnered with Sompahemaa Foundation to provide free health screening for residents in the Suame constituency in the Ashanti Region. Unlike previous years, the health screening was organized at both Suame and Kronom in the Ashanti Region. CBOD supported the Foundation with an amount of GHS15,000. Mrs
The Ghana Chamber of Bulk Oil Distributors (CBOD) wishes to congratulate all the key energy sector players who have won seats or retained their parliamentary seats in the recently concluded elections. At least seven men and a woman who are influential in Ghana’s energy sector will be Members of Parliament when the new legislative assembly
CBOD congratulates energy sector MPs-elect Read More »
A 28-year-old fuel tanker driver, Issah Salifu, has been confirmed dead while two others are in critical condition in a crash near Nkawkaw in the Eastern Region. The deceased driver of the Fuel tanker Vehicle Issah Salifu was driving DAF CF Fuel tanker with registration number GT 7529-15 with two person on board from Kumasi
Fuel tanker crashes at Nkawkaw, driver dead Read More »
Nana Abrakwa Asare, the Administrator at the National Premix Secretariat, has warned unscrupulous persons who uses illegal means to get premix fuel, hoard them and later sell the product above government approved price to fishermen to desist from that practice. “The government is subsidizing the premix fuel for fishermen for them to be able to purchase
Premix fuel ‘thieves’ warned Read More »
Local Fuel Market Performance Prices of fuel on the local market remained stable within the window under review. Prices of petroleum products within the second Pricing-window of November 2020 saw majority of Oil Marketing Companies (OMCs) maintaining prices of Gasoline and Gasoil. The current national average price of fuel per litre at the pump is
Review of November second pricing-window: IES predicts fuel prices hike in December Read More »
The Energy and Petroleum Ministry has commenced a stakeholder engagement in communities with the Jomoro Municipality of the Western Region for the acquisition of a 20,000-acre plot of land for the Petroleum Hub. It would be recalled that in March 2019, Cabinet gave the approval for the establishment of the much-awaited petroleum hub in the
W/R: Energy Ministry acquire lands for Petroleum Hub in Bonyere Read More »
