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CEO of the Chamber of Bulk Oil Distributors Senyo Hosi has charged petroleum service providers in the African continent to increase cooperation among their industries to tackle the disruptions and opportunities from the Covid-19 pandemic relevant and thrive in the future. Mr. Hosi was speaking on the topic, “Scaling Value for Oil Marketing Companies Post-Covid-19

Oil fell 3% on Monday, extending last week’s losses as growing cases of COVID-19 in the United States and Europe raised worries about crude demand, while the prospect of increased supply also hurt sentiment. Brent crude LCOc1 was down $1.25 cents, or 3%, at $40.52 by 0755 GMT. U.S. West Texas Intermediate (WTI) dropped $1.28 cents, or

Ghana’s Parliament has passed the Petroleum Hub Development Corporation Bill, 2020. The Bills seeks to establish the Petroleum Hub Development Corporation to promote and develop a petroleum and petrochemical hub in the country. The project is part of the strategic development initiatives of the government to promote socio-economic growth and is targeted at strategically positioning

The Environmental Protection Agency (EPA)has urged stakeholders in the Liquefied Petroleum Gas (LPG) industry to embrace safety holistically in their everyday work, to prevent accidents from happening at Gas Filling Stations. Mr Henry Kwabena Kokofu, EPA Executive Director who told the Ghana News Agency in an interview noted: “Players in the Gas industry must ensure

Aggrieved members of the National Petroleum Tanker Drivers Union have embarked on a sit-down strike. The strike according to the Chairman of the Drivers Union, George Nyaunu is because the National Petroleum Authority (NPA) has failed to address their concerns. He said although drivers are ready to work, the Union needs a written document from the

Fuel tanker drivers across the country have been directed by their mother association, the Ghana National Petroleum Tanker Drivers Union to boycott work from today, Monday, October 19. The association in a letter said all the drivers must however report to their respective loading gantries. “We are informing all tanker drivers across the country that

Figure 1 details The Bost stock Losses of the 7 BIDECs The BOST Product Loss Internal Committee has concluded its sittings with Bulk Import, Distribution and Export Companies (BIDECs) for about four weeks. The Committee met with the BIDECs in groups over findings from an inquiry into BIDECs’ claims for the loss of stock under

The Chamber of Bulk Oil Distributors (CBOD) has donated some desktop computers to the Directorate of Information Technology at the Headquarters of the Ghana Armed Forces (GAF). The donation on Friday, September 25, 2020, is in response to a request for assistance made by GAF’s Directorate of Information Technology. Head of Finance and Industry Operation

The Chamber of Bulk Oil Distributors (CBOD) has donated some projectors to the Faculty of Arts of the University of Cape Coast. This follows Faculty earlier made a request to the Chamber to assist with procuring projectors to help improve teaching and learning. Presenting the items on behalf of the board and management, CBOD CEO

The Chamber of Independent Power Producers, Distributors and Bulk Consumers (CIPDIB–Ghana) has questioned government’s commitment to regularly pay its members to ensure a continuous supply of power in the country. This comes days after Government announced an amended Power Purchase Agreement with CENIT Energy Limited, a Ghanaian independent power producer. According to the Chamber, government owes them