News

The Bulk Oil Storage and Transportation (BOST) company has written off 50% of the BOST overstay fees charged to Bulk Distribution Companies. This follows successive negotiations between the Chamber of Bulk Oil Distributors (CBOD) and BOST. The BOST overstay charges has been a matter of contention between the two sides because in as much as […]

Global oil-producing group OPEC and its allies are meeting in Vienna, with expectations raised over whether the alliance will make further cuts to its output at the two-day gathering. The 14 members of OPEC and a group of allied non-OPEC producers led by Russia (collectively known as OPEC+) are expected to at least keep production

The Chamber of Bulk Oil Distributors (CBOD) has participated in an all-important national dialogue on electoral violence ahead of the 2020 general elections, organized by the Center for Democratic Development (CDD-Ghana) in partnership with the United Nations Development Programme (UNDP). The event premiered a chilling documentary on political vigilantism and electoral violence. It also shared

The Chamber of Bulk Oil Distributors (CBOD) has had engagements with the National Investment Bank (NIB) on the oil and gas industry. CBOD CEO Senyo Hosi during talks with the Treasury and Investment department of the NIB on Monday, gave an overview of the petroleum industry, a breakdown of the value chain and some investment

The Private Enterprises Foundation (PEF) has held its Annual Delegates Assembly Meeting in Accra. The delegates assembly agreed to have broader discussions about its having a re-look at the Local Content agenda for members and reviewing the constitution to reflect current trends. The delegates also accepted to increase the auditor’s fee after accepting the financial

The Tema Oil Refinery (TOR) has signed an agreement to refine 11million barrels of crude. The agreement – a tolling crude oil processing agreement between Tema Oil Refinery and Woodfields Energy Resources Limited, a wholly Ghanaian-owned oil trading company, is backed by the world’s largest oil and gas trader. Woodfields Energy’s long history with the Refinery

The Chamber of Bulk Oil Distributors (CBOD) has partnered with Sompahemaa Foundation set up by Mrs. Irene Kyei-Mensah Bonsu to provide free health screening for residents of the Suame constituency in the Ashanti region. The Chamber supported the Foundation with an amount of GHS 10,000 towards the health screening program. Many patrons who participated in

The Chamber of Bulk Oil Distributors is commiserating with the Chairman of Hask Oil Company ltd. Joseph K. Horgle following the passing of his wife Mrs. Mary Abla Adogo Horgle. A CBOD delegation visited the Horgle family to pay their respects last Friday. The delegation including Juwel Energy Limited Marketing & Business Development Manager Joshua

The Chamber for Bulk Oil Distributors (CBOD), the Springfield Group and other organisations and personalities were honoured at the 3rd edition of the prestigious Ghana Energy Awards (2019). The CEO of CBOD Senyo Hosi won the Energy Business Leadership Award (male category), although he lost the CEO of The Year Award to Alhassan Tampuli of

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