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ACEP pushes for supplementary budget to manage impact of low oil prices, COVID-19

The African Centre for Energy Policy, ACEP, is calling on government to prepare a supplementary budget that will help manage the effects of low oil prices on the market. According to ACEP, the impact of revenue shortfalls from the oil and gas sector due to price volatility on the international market, has severe implications for

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COPEC demands transparency in the pricing of petroleum products by OMCs to avert agitation by consumers

The Chamber of Petroleum Consumers COPEC is asking Oil Marketing Companies to communicate details of petroleum prices pricing with transparency so that consumers are in the know and do not harbor suspicions they are being shortchanged. This follows a press briefing to educate some journalists on the petroleum price build-up and pricing of petroleum products

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CBOD educates the press on petroleum pricing amidst consumer complaints that fuel prices are still high despite continuous fall in world crude prices

The Chamber of Bulk Distributors (CBOD) has met with the media to bring clarity to the petroleum products pricing amidst suggestions that consumers are being shortchanged following complaints the recent reduction in fuel prices are inadequate . At a press briefing last Thursday, March, 19, 2020, CBOD CEO Senyo Hosi using the estimates of the

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CBOD trains staff in the use of technologies to support working remotely following the closure of its office due to the Covid-19 pandemic

The members of staff of the Chamber of Bulk Oil Distributors (CBOD) have been taken through training in the use of technologies to support working remotely as part of health and safety measures during the Covid-19 pandemic. The Chamber, in line with the President’s directive in the wake of the coronavirus spread, suspended the physical

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Review BDCs’ License Renewal Fees To US$300,000 ― CBOD Begs NPA

The Ghana Chamber of Bulk Oil Distribution Companies (CBOD) has appealed to the National Petroleum Authority (NPA) to revise the renewal fees to the previous fee of US$300,00 for this year. This follows plans by the NPA to increase the License renewal fees for BDCs from US$300,000 to US$500,000 per year, representing a 67% increase.

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CBOD commiserates with Deputy Minister of Energy Dr. Amin and family at his late mother’s funeral

The Chamber of Bulk Distributors (CBOD) has commiserated with the Deputy Minister of Energy responsible for Petroleum Dr. Mohammed Amin Adam and his family, following the passing of his mother Hajia Mariya Abdul Rahaman on Tuesday, March 10, 2020. A special funeral service was held on Sunday, March 22, 2020, in Tamale for the late Hajia

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CBOD sets up technical committee to address supply challenges associated with Ghana-Mali trade

The Chamber of Bulk Distributors (CBOD) has set up a technical committee to look into supply challenges associated with the Ghana-Mali trade. This comes on the back of a novel visit by the Malian industry regulator, National Office for Petroleum Products (ONAP) which raised issues with the Ghana-Mali supply chain. The challenges raised by ONAP

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CBOD petitions NPA over international oil trading companies holding titles onshore Ghana

The Chamber of Bulk Oil Distributors has gathered intelligence of the Government’s intent to issue some form of waiver or permit to British Petroleum (BP) to hold title of petroleum products onshore Ghana. This is in clear violation of the local content policy, the National Petroleum Acting (NPA) licensing regime and regulations and the sanctity

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