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The Ghana Upstream Petroleum Chamber has announced the appointment of a new CEO. The announcement on March 9 2020, named veteran journalist David Ampofo as new CEO. The chamber represents the shared interests of companies involved in oil and gas exploration and production as well as oil field services in the country. The Chamber is […]

Oil prices saw its lowest drop since 1991 on Monday, March 9 after Saudi Arabia started a price war with Russia by slashing its selling prices and pledging to unleash its pent-up supply onto a market reeling from falling demand because of the coronavirus outbreak. Prior to this huge slash, crude prices had been relatively stable.

The Chamber of Petroleum Consumers (COPEC) is asking Oil Marketing Companies (OMCs) in the country to reduce their ex-pump prices for consumers to reflect the sustained decline in the global crude oil prices. According to COPEC, consumers could be benefitting from a reduction of between 10%-32% compared to the 2% that consumers have been given over

Ghana is receiving endorsement for her consistency in energy policy implementation under successive governments at the ongoing 3-day Africa Energy Conference in Capetown, South Africa. Speaking to Starrfm.com.gh at the sidelines of the Africa Indaba Energy Conference, the former United Nations Under-Secretary-General and the Special Representative of the Secretary-General for Sustainable Energy for All, Alhaji

The Chamber of Bulk Oil Distributors (CBOD) has begun a partnership with Mali’s National Office for Petroleum Products (ONAP) to work towards improving the petroleum products trade between Ghana and Mali. This follows a courtesy call paid on CBOD by ONAP on Wednesday, March 4, 2020 in Accra. Leading the Malian delegation, the Deputy Director-General

Accra, March 02, 2020 – A delegation from the Malian National Office in charge of regulating petroleum products is scheduled to pay a courtesy call on the Chamber of Bulk Oil Distributors (CBOD) to discuss matters relating to the supply and re-export of petroleum products from Ghana to Mali. The meeting is slated for Wednesday,

The West African Gas Pipeline Company Limited (WAPCo) has announced that it has successfully completed the cleaning and inspection of its 20’’ offshore pipeline from Badagry in Nigeria to Takoradi in Ghana. The Internal inspection of the 569 km offshore pipeline was completed on Sunday, February 23, 2020, almost one month ahead of the scheduled

The Chief Executive Officer of Tullow Oil Ghana, Kweku Awotwi, has challenged firms in the oil and gas space to establish gender policies that ensure women are empowered and feel comfortable working in the industry. “At Tullow, for instance, we are proud of our SMART working approach, which allows women and men alike, to align

The National Petroleum Authority has launched the second phase of the Petroleum Product Marking Scheme (PPMS) to monitor and ensure quality petroleum products and value for money for consumers. The NPA is introducing Phase II of the PPMS which it expects would ultimately halt losses and leakages in the downstream industry. At the launch in

Oil rose to $54 a barrel on Tuesday, recovering from a 13-month low as the number of new coronavirus cases slowed in China, easing some concerns about lengthy destruction of oil demand. The death toll climbed above 1,000 on Tuesday, while the number of new confirmed cases fell. The epidemic could peak in February and