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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 […]

The National Premix Fuel Secretariat (NPFS) has embarked on a digitisation drive aimed at ensuring transparency and blocking leakages in the premix fuel trade. With the new drive, only fishermen with electronic cards can access the product, the Chairman of the National Premix Committee, Nii Lante Bannerman, has said. He said the measure was to

The Chamber of Bulk Oil Distributors (CBOD) in partnership with S&P Global Platts will hold a major industry session on the impact of Covid-19 on the petroleum products supply and the way forward for Ghana. Key players in the Ghanaian petroleum downstream will be expected to take part in this virtual session slated for Tuesday,

The Chamber of Bulk Oil Distributors is reviewing the current  National Petroleum Authority (NPA) ACT, 2005(ACT 691). This is in lieu of the overall amendment by the regulator, National Petroleum Authority. The NPA seeks to amend and /or repeal certain sections of the NPA ACT,2005 (ACT 691) because of key developments that have emerged in

The Chamber of Bulk Oil Distributors has formally invited into its membership petroleum processing, trading and related service companies, and allied oil industry organizations in the downstream sector. This is in accordance with Article 17 of the CBOD Constitution. The Chamber offers four categories of members depending on their business object as stated below. •

The Chamber of Bulk Oil Distributors has amended the billing system of the secretariat. This is a shift from the current throughput-based regime. Per the new regime, Bulk Import, Distribution and Export Companies (BIDECs) are required to pay an annual fee of USD30,000 which is now included in the annual licence renewal fee which has

The Chamber of Bulk Oil Distributors (CBOD), the National Petroleum Authority (NPA), Bulk Oil Storage & Transportation Company (BOST) and Ghana Gas have sponsored the construction of a two-unit kindergarten school block in New Adjena. The school block project including an auxiliary unit was commissioned by the Volta River Authority Resettlement Trust Fund on Thursday,

The BOST Product Losses Internal Committee has been meeting with Bulk Distribution Companies over their findings from an inquiry into BDCs’ claims for the loss of BDC stock under the custody of BOST between 2013 and 2015. The Committee engaged OilChannel and Hask Oil Limited in its first week of sitting. Whilst OilChannel claims were

The Chamber of Bulk Oil Distributors has donated to the trust fund that was set up for the wife and children of the late former Managing Director of Bulk Oil Storage and Transportation (BOST) Company Limited, George Mensah Okley. Mr. Mensah Okley, 47 years, who passed away in June this year after a short illness

The president of the Ghana Association of Bankers Daniel Ato Kwamina Mensah has been laid to rest following his passing. The burial ceremony occurred on Saturday, August 21, 2020, at the Forecourt of the State House, Accra. Mr. Mensah, 66 years, served as the president of GAB from 1997 until his passing on July 17,