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‘We weren’t directed by government to reduce our fuel prices by 15p’ – GOIL

Ghanaian oil marketing giant, GOIL, has refuted suggestions that its latest 15 pesewas price reduction on petrol and diesel was in response to a directive from the government. GOIL has thus challenged the Association of Oil Marketing Companies to provide proof of its claims. GOIL’s reduction came barely 24 hours after commercial drivers embarked on […]

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Government directs GOIL to reduce price of fuel after meeting with transport unions

Government has directed the Ghana Oil Company (GOIL) to reduce price of fuel at the pumps effective Tuesday, December 7. This follows a crunch meeting between government and transport operators at the Presidency on Monday evening. Head of Communications at the GPRTU, Abass Imoro, who disclosed this on PM Express with Evans Mensah, on Monday, said government

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Jomoro MCE tasks Petroleum Hub Development Board to be proactive

The Municipal Chief Executive (MCE) for Jomoro, Madam Louisa Iris Arde, has tasked the Board of Governors of the Petroleum Development Hub Corporation (PDHC) to be proactive in their activities. She said the Petroleum Hub was a crucial component of the nation’s industrialization drive, with the potential to generate jobs for the teeming youth in

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Manage foreign exchange rate to prevent increase in fuel prices – Senyo Hosi

Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors (CBOD), Senyo Hosi, has lamented the country’s high cost of fuel prices. According to him, the government must manage the foreign exchange rate to mitigate the high cost of fuel prices. “One of the most potent and immediate things that government can do is

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The Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid has indicated that petroleum service providers that indulge in fuel adulteration deprive consumers of value for money at the retail outlets and also cause damage to engines of vehicles and machinery. According to him, fuel adulteration increases the emission of harmful compounds such

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