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 »
The Ghana Chamber of Bulk Oil Distributors (CBOD) has donated laptop computers to the University of Ghana Business School (UGBS) in support of their online teaching and learning initiatives. CEO of CBOD, Senyo Hosi, presented the computers on behalf of the Chamber to the dean to the UGBS, Prof. Justice Nyigmah Bowole, at a short
CBOD Donates Laptop Computers To UG Business School Read More »
Accra, November 19, 2020―The Ghana Chamber of Bulk Oil Distributors (CBOD) has provided support to the 2020 Sherock Female Accelerator Program. The event which is organised by SHETech BW in collaboration with Abeyie Innovation Studios seeks to empower women across Africa with digital skills as a way of refining their skill set to reposition them
CBOD Sponsors Sherock Female Accelerator Program Read More »
A Deputy Minister of Energy, Mohammed Amin-Adam has said the New Patriotic Party (NPP) government has effectively handled the affairs of the Tema Oil Refinery (TOR) better than the previous National Democratic Congress (NDC) government. Speaking at an event dubbed ‘The Energy Manifesto Town Hall’ organized by the Chamber of Bulk Oil Distributors (CBOD) and its
We’ve managed TOR better than NDC – Dr. Amin Adam Read More »
The government has begun exploring new avenues in a fresh bid to release the Electricity Company of Ghana (ECG) to a private concessionaire for management. This is after a similar move in the past failed amidst controversies and allegations of fraud. A Deputy Minister of Energy in charge of petroleum, Dr Mohammed Amin Adam, said
ECG to go as govt says processes to release company underway Read More »
The Bulk Oil Storage and Transportation (BOST) Company Limited in the Republic of Ghana, which was choking on huge legacy debts under the former administration, is now breathing as greater part of its debts has been cleared. The state-owned strategic petroleum stock keeping company had a debt portfolio of about US$623,602,303 when the current administration
Ghana: BOST Clears Over 90% Of Legacy Debts Read More »
Ghana’s Deputy Minister for Energy in charge of Petroleum, Dr. Mohammed Amin Adam says the ruling party, New Patriotic Party (NPP), manages the country’s energy sector better than the opposition political party, NDC, anytime the former is in power. According to him, when the NDC is in power, it mismanages the energy sector, but when
NPP Are Better Managers Of The Energy Sector — Amin Adam Read More »
The Deputy Minister for Energy in charge of Petroleum Dr Mohammed Amin Adam says Ghana is forced to cough up more than 500million dollars every year to pay for excess capacity from the Take or Pay power agreements. He blamed the situation on the “unsolicited power purchasing agreements” the erstwhile Mahama administration signed with the
