News

CBOD visits Springfield E&P oil rig following historical oil discovery offshore Ghana

Springfield Exploration and Production, a subsidiary of the Springfield Group – a major Ghanaian energy company, has made significant discoveries in the history of Ghana’s oil exploration. Springfield E&P made new oil discoveries offshore Ghana from its maiden Afina-1 Well drilled in the West Cape three points Block 2. The find has overtaken the Jubilee […]

CBOD visits Springfield E&P oil rig following historical oil discovery offshore Ghana Read More »

Nigeria-This Large Oil Producer Is Facing A Major Refining Crisis

The current state of Nigeria’s refineries might become a textbook example of why national oil companies should not combine downstream, midstream and upstream activities at the same time. Sure enough, Middle Eastern or some other NOCs might object that in their respective territories everything works fine yet Nigeria’s example is startling nevertheless. With a combined

Nigeria-This Large Oil Producer Is Facing A Major Refining Crisis Read More »

Auditor-General Unravels $3.4b Unpaid Penalties To Petroleum Holding Fund

The Auditor-General, Mr. Daniel Yaw Domelevo, has uncovered US$3.4b in unpaid penalties relating to the Petroleum Holding Fund. The latest report on the management of petroleum funds for the year ending December 2017, found that a total amount of US$220m was outstanding. Of the total amount, US$219 million represents amounts due from the Ghana National Gas

Auditor-General Unravels $3.4b Unpaid Penalties To Petroleum Holding Fund Read More »

2019 Africa Refiners & Distributors Association (ARA) Storage and Distribution Forum opens in Accra

The 2019 Africa Refiners & Distributors Association (ARA) forum has opened in Accra today, bringing together a host of key players – from government agencies to civil society organizations and individuals within the petroleum downstream sector in the African continent. The ARA forum, from the 21st to 22nd of November 2019 at the Holiday Inn

2019 Africa Refiners & Distributors Association (ARA) Storage and Distribution Forum opens in Accra Read More »

THE 2018 CBOD INDUSTRY REPORT HIGHLIGHTS – GHS 2.7bn revenue loss in petroleum downstream industry, potential loss of GHS1.2bn…

THE 2018 CBOD INDUSTRY REPORT HIGHLIGHTS GHS2.7bn revenue loss in petroleum downstream industry, potential loss of GHS1.2bn from trade credit abuse, risk of excess gas, and industry to Ghana’s financial and fiscal stability. A review of the 2018 fiscal year, outlook and recommendations by CBOD. The Industry Report is an annual publication of the review

THE 2018 CBOD INDUSTRY REPORT HIGHLIGHTS – GHS 2.7bn revenue loss in petroleum downstream industry, potential loss of GHS1.2bn… Read More »

Follow safety procedures when discharging gas – Fire Service to LPG operators

The Ghana Fire Service has cautioned Liquefied Petroleum Gas (LPG) station operators to strictly adhere to safety protocols when discharging gas at their stations. Earlier this week, the timely intervention of the Service prevented a near-disaster situation at the Ritz Junction LPG station. The turn of events sent residents scattering over fears of an explosion.

Follow safety procedures when discharging gas – Fire Service to LPG operators Read More »

PREPARING GRADUATES FOR WORK: THE ROLE OF UNIVERSITIES ..… SPEECH DELIVERED BY MR. SENYO HOSI AT A ROUNDTABLE DISCUSSION ORGANISED BY THE COLLEGE OF HUMANITIES AT THE UNIVERSITY OF CAPE COAST ON TUESDAY, NOVEMBER 12, 2019

1.0 Introduction Provost, Members and students of the College of Humanities and Legal Studies, Ladies and gentlemen, I am grateful to this college for the opportunity to share my perspective on a subject matter that I am passionate about. A few weeks after my recent, well-publicised submissions at the University of Ghana, I was approached

PREPARING GRADUATES FOR WORK: THE ROLE OF UNIVERSITIES ..… SPEECH DELIVERED BY MR. SENYO HOSI AT A ROUNDTABLE DISCUSSION ORGANISED BY THE COLLEGE OF HUMANITIES AT THE UNIVERSITY OF CAPE COAST ON TUESDAY, NOVEMBER 12, 2019 Read More »

Senyo Hosi charges university authorities and students to innovate teaching and learning to fully engage Ghana’s labour force

The Chief Executive Officer of the Chamber of Bulk Oil Distributors is charging university authorities and students to apply innovation to teaching and learning to help Ghana achieve its transformational agenda. He expressed concern about Ghana’s apparent unpreparedness to take advantage of the opportunities offered by the new technologies of the fourth industrial revolution such

Senyo Hosi charges university authorities and students to innovate teaching and learning to fully engage Ghana’s labour force Read More »

Ghana: GNPC Must Be Investigated For Dissipating Our Oil Money-COPEC

The Chamber of Petroleum Consumers, a consumer advocacy group in the Republic of Ghana, is calling on the President of the West African nation, His Excellency Nana Akufo-Addo, to, as a matter of urgency, initiate investigations into the processes leading to what it described as wanton dissipation of the taxpayers’ monies by the country’s national

Ghana: GNPC Must Be Investigated For Dissipating Our Oil Money-COPEC Read More »

Nigeria: Corrupt Oil Minister’s Confiscated Jewelry To Be Sold For $40 Million

Nigeria expects to retain international auction houses to have US$40 million worth of jewelry, which was seized from a former oil minister accused of corruption, sold. The Economic and Financial Crime Commission (EFCC) of Nigeria has secured an asset forfeiture order from a top federal court in the country to sell the jewelry seized from

Nigeria: Corrupt Oil Minister’s Confiscated Jewelry To Be Sold For $40 Million Read More »

Scroll to Top