Below is the speech given by Mr Senyo Hosi, the CEO of the Ghana Chamber of Bulk Oil Distributors at the 2019 AGM. Madam Chair, august members and owners of the Chamber, it is with much honour that I present my fifth address at the fifth AGM of our Chamber as its CEO. I have […]
A speech by Senyo Hosi Read More »
Below is the speech given by Mrs Ivy Apea Owusu, board chairman of the Ghana Chamber of Bulk Oil Distributors (CBOD) at the 2019 AGM. Fellow members, you are welcome to the fifth (5th) Annual General Meeting of our Chamber. It has been five (5) strong years of cooperating together to shape and drive the
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OPEC is under intensifying pressure to show it still has the power to reverse a slide in oil prices, according to RBC Capital Market’s Helima Croft. The Middle East-dominated producer group has struggled to shore up crude futures this year, amid a deteriorating outlook for global growth and a protracted trade dispute between the U.S.
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It has emerged that about 30 per cent of fuel stations in the country are using digitally controlled dispensers that are easy to adjust to alter the quantity of fuel dispensed to buyers. This makes it easier for fuel attendants and their superiors to cheat unsuspecting consumers without tampering with the well-publicised security seals installed
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Prices of various petroleum products have started going up from Monday after the Oil Marketing Companies (OMCs) were directed by the National Petroleum Authority (NPA) to start applying revised Energy Sector Levies. The NPA’s directive is as announced in the Supplementary Budget presented by the Finance Minister, Ken Ofori-Attah. Based on the revision petrol would witness
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The Institute of Energy Security (IES) is projecting a considerable rise in the price of LPG on the local market. This is captured in the Institute’s report for the first pricing window for this month. Speaking to Citi News, Research Analyst at the Institute of Energy Security, Mikdad Mohammed said the Institute arrived at this conclusion
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Edwin Provencal has been confirmed by the Board of the Bulk Oil and Transport (BOST) Company Limited as the new Managing Director He was nominated by President Nana Akufo-Addo on Monday to replace George Mensah Okley who resigned from the position last Friday. Mr. Mensah Okley tendered in his resignation to the President after serving
Edwin Provencal confirmed as new BOST MD Read More »
Springfield Exploration and Production Limited (SEP), a subsidiary of Springfield Group, is on course to make history by becoming the first independent African Energy company to drill in deep water. Springfield, which operates the West Cape Three Points Block 2 (WCTP Block 2), has signed a contract with Stena Unicon Offshore Services Ghana Ltd. (Stena
Springfield Group makes history; set to drill in deep water Read More »
Managing Director for Bulk Oil Storage and Transport (BOST) Company Limited has resigned. George Mensah Okley is said to have tendered in his resignation to the President on Friday, August 23, Myjoyonline.com can confirm Reasons for his resignation are unknown, however, Graphiconline reports that it may be linked to the issue of contracts at BOST.
BOST MD Mensah Okley quits Read More »
The Bank of Ghana has revealed that the government made an amount of US$434.5 million from oil sale from its three oil fields as well as in other fees and taxes. The central bank in its publication of the first-half performance of the Ghana Petroleum Funds revealed that oil sale from Tweneboa, Enyenra, Ntomme, Jubilee
Gov’t rakes US$434.5m in petroleum revenues in first half of 2019 Read More »
