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The former Chief Executive of the Ghana Chamber of Bulk Oil Distributors, Senyo Hosi, has urged government to be modest about its promise to get affordable petroleum products to the Ghanaian market. His comments come on the back of information that a government of Ghana delegation is currently in Abu Dhabi negotiating a deal to […]

The Chamber of Bulk Oil Distributors (CBOD) says government can issue fuel coupons to consumers as a way of reducing the impact of the rising cost of the product on their livelihoods. In an interview aired on Joy FM’s Midday News, the CEO of CBOD, Dr. Patrick Ofori said, this could be done in collaboration with

The government has suspended the subsidy on Residual Fuel Oil (RFO) until further notice, effective November 1, 2022.   The move, according to the National Petroleum Authority (NPA), is in line with the directive from the Ministry of Energy as an interim measure to ease the financial burden on the Price Stabilisation and Recovery Account

Seventeen Oil Marketing Companies did not pay duties and taxes totaling GH¢249,800,802.28 on 219,995,530 litres of fuel products lifted for the period January 2020 to December 2021. The Auditor General’s report on the audit of Ministries, Departments and Agencies noted this discrepancy from the Integrated Customs Management System (ICUMS). Twenty-eight Oil Marketing Companies failed to

Dr. Patrick Kwaku Ofori has officially assumed office as the CEO of the Ghana Chamber of Bulk Oil Distributors (CBOD), with a promise to lead the Chamber to pursue its vision of the overall growth of the industry and the country. He takes over from Senyo Hosi, the founding CEO of the Chamber. Mr. Hosi

The Ghana Chamber of Bulk Oil Distributors (CBOD) has donated 20 laptop computers to the University of Ghana (UG) in support of the school’s ‘One student, One laptop’ initiative. The ‘One Student, One Laptop’ initiative, which was announced by the VC earlier this year, is aimed at ‘supporting needy students in the new virtual learning

The Ghana Chamber of Bulk Oil Distributors has announced the appointment of Dr Patrick Kwaku Ofori as its new Chief Executive Officer. His tenure begins on August 1, 2022. He will be filling the vacancy created by the departure of the Chamber’s founding CEO, Senyo Hosi, who is stepping down after 10 years of meritorious

The CEO of the Ghana Chamber of Bulk Oil Distributors, Senyo Hosi is stepping down at the end of July 2022. Mr. Hosi, the founding CEO of the Chamber, is leaving office after 10 years of service. Under his leadership, the Chamber became recognized as one of the power houses for industry-based research and policy

Chief Executive Officer (CEO) for the Chamber of Bulk Oil Distributors (CBOD), Mr. Senyo Hosi has disclosed that Bulk Oil Distributing Companies (BDCs) in the count need more forex to pay suppliers to bring in more fuel products. In the midst of the fuel shortage scare, Senyo noted that the BDCs are facing the major

Record-high fuel prices mean government can no longer ignore the glaring need to revamp Tema Oil Refinery (TOR), says Institute for Energy Security (IES). Ghanaians are staggering under rising fuel costs, with prices having risen about 50 percent in the first five months of this year alone. The 45,000 barrels per day capacity refinery cracked