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Reduce Fares Now – COPEC On Eased Transport Sector Restrictions

The Chamber of Petroleum Consumers (COPEC) is asking commercial transport operators to reduce their fares immediately as they return to taking passengers at full seating capacity. “We are, by this statement calling on some of our major stakeholders in the transport sector including the GPRTU, Concerned Drivers Association, Committed Drivers Association and the Ghana Road […]

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NPA Should Relook Cylinder Recirculation Model — Gas Tanker Drivers

The Gas Tanker Drivers Association has called on the National Petroleum Authority (NPA) to re-consider the intended implementation of the Cylinder Recirculation Model. The Association indicated that the pilots of the model in Kade and Obuasi six months ago, was a complete failure. Speaking at a press conference in Tema to air their grievances on

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CBOD CEO Senyo Hosi speaks about private sector intervention in Ghana’s Covid-19 fight at IPIECA’s regional information sharing session

The CEO of the Chamber of Bulk Oil Distributors Senyo Hosi has addressed IPIECA on private sector intervention in Ghana’s Covid-19 fight. Hosi, who doubles as the managing trustee of the Ghana Covid-19 Private Sector Fund brought the audience up to date on the fund’s flagship project, the construction of the Ghana Infectious Disease Center,

CBOD CEO Senyo Hosi speaks about private sector intervention in Ghana’s Covid-19 fight at IPIECA’s regional information sharing session Read More »

BoG engages businesses on conditions of supplier/trade credit in the wake of the Covid-19 pandemic

The Bank of Ghana (BoG) has engaged businesses on the situation of Supplier’s/Trade credit in the wake of the COVID-19 pandemic and attendant containment measures. The participants, comprising leaders of businesses across Ghana’s economy, including Ghana Union of Traders Association (GUTA), Association of Ghana Industries (AGI) and Bulk Distribution Companies (BDCs) revealed that offshore suppliers

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NPA sets up Industry Covid-19 Committee to ensure business continuity in the petroleum downstream during the Covid-19 pandemic

The National Petroleum Authority has set up Industry Covid-19 Committee which is tasked with exploring ways to ensure the continuity of businesses in the petroleum downstream during the Covid-19 pandemic. The committee seeks to identify industry risk areas, propose mitigating measures and assist with operating guidelines for businesses among others. The committee will also pool

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Implement a fuel subsidy scheme for commercial vehicle drivers – COPEC to govt

The plight of commercial vehicle drivers continues to worsen in this COVID-19 era as fuel prices have shot up from GH¢4.65 per litre to GH¢4.820 per litre at various pumps, representing some 3.8 per cent. Drivers over the week called on the government to as a matter of urgency come to their aid by reducing

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Abandoning fossil fuels for renewable energy is counterproductive. First, optimize fossil fuel reserves to avoid stranded assets -Senyo Hosi

Stranded Assets: Resources that once had value or produced income but no longer does often because of changes in technology and other external factors. The CEO of the Ghana Chamber of Bulk Oil Distributors is cautioning decision-makers in Africa’s oil and gas space not to abandon fossil fuel exploitation to pursue heavy investments into renewable

Abandoning fossil fuels for renewable energy is counterproductive. First, optimize fossil fuel reserves to avoid stranded assets -Senyo Hosi Read More »

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