Innovative Financing and Cooperation Key to Africa’s Energy Future
The Chamber joined energy leaders and policymakers across the continent at the OTL Africa Downstream Energy Week 2025 in Lagos, Nigeria, to explore strategies for sustainable investment, collaboration, and innovation in Africa’s energy transition. At the conference, Dr. Patrick K. Ofori, Chief Executive Officer of CBOD, delivered a presentation under the session theme “International Energy Trading, […]
Highlights of CBOD CEO’s Presentation at OTL Africa Energy Downstream Week 2024
In a compelling presentation at the OTL Africa Energy Downstream Week 2024, Dr. Patrick Kwaku Ofori, CEO of the Ghana Chamber of Bulk Oil Distributors (CBOD), outlined key insights on Africa’s rapidly evolving energy landscape, emphasizing the opportunities and challenges ahead for the continent. Dr. Ofori highlighted Africa’s projected population growth and industrial expansion as […]
GhIPCON 2024: Take advantage of AfCFTA to grow petroleum industry – Herbert Krapah
A minister of state at the Energy Ministry, Herbert Krapah has challenged players in the Ghanaian petroleum industry to take advantage of the African Continental Free Trade Agreement (AfCFTA) to boost the petroleum industry in Ghana. He was speaking in a keynote address at the annual Ghana International Petroleum Conference (GhIPCON), which took place in […]
CBOD members plant resilient trees to mark Green Ghana Day
The Ghana Chamber of Bulk Oil Distributors (CBOD) is proud to contribute to the national effort of restoring Ghana’s forest cover. In commemoration of Green Ghana Day, 50 members and officials of the Chamber participated in a tree-planting exercise at the Chipa Forest Reserve near Agomeda. The Chamber’s members planted a diverse range of trees, […]
CBOD is not opposed to gold-for-oil, BOST managing strategic stocks says CEO
The Ghana Chamber of Bulk Oil Distributors (CBOD) is not in any way opposed to the government’s gold-for-oil (G4O) programme, according to Chief Executive Officer, Dr Patrick Ofori. The Chamber is also not against the involvement of the Bulk Oil Storage and Transportation Company (BOST) in managing strategic petroleum stocks within the downstream petroleum sector, […]
Scrap LPG taxes now – LPG Marketers Association
The Liquefied Petroleum Gas Marketers Association has renewed calls for the taxes on LPG to be scrapped. The taxes on LPG constitute about 13% percent of the pricing. Though the price of LPG has gone down by about 7%, the association believes the removal of taxes will reduce the cost of LPG drastically and increase […]
Market outlook – 1st to 15th February 2023 pricing window
The international market prices of refined petroleum products in the 12th to 26th January 2023 international pricing window, which are premiums applicable to the selling window of 1st to 15th February 2023, increased significantly relative to the previous selling window. Thus, Petrol, Diesel, and LPG prices in the world market climbed up by 7.70%, 13.74%, […]
Ghana paid cash for 40,000 tons of oil instead of gold – Egyapa Mercer confirms
The deputy Energy Minister, Andrew Egyapa Mercer, has confirmed that the initial consignment of 40,000 tons of oil brought into the country under the Gold-for-oil policy was purchased with cash and not gold as widely claimed by the Vice President, Dr Mahamudu Bawumia. His disclosure comes after several calls by Industry experts such as the […]
Cost of fuel: Ghanaians must pay fair market prices – PUMA Energy President
The Head of Africa for petroleum Giant PUMA Energy, Fadi Mitri has argued that to ensure the constant supply of petroleum products on the Ghanaian market, consumers must be made to pay the fair market prices. The Government of Ghana in the wake of liquidity challenges and the depleting foreign reserves of the country is […]
NPP and NDC justify their energy manifesto promises at maiden CBOD event dubbed “The Energy Manifesto Town Hall”
The two main political parties, the National Democratic Party (NDC) and the New Patriotic Party (NPP) will in the coming week justify their energy manifesto promises which they have made to Ghanaians ahead of the general elections on December 7, 2020. This will happen at the Chamber of Bulk Oil Distributors’ maiden industry event dubbed […]
