New policy not solution to gas station disasters – Senyo Hosi
The Chief Executive Officer of the Chamber of Bulk Oil Distributors Senyo Hosi is against the formulation of a ‘new’ policy to regulate the activities of gas stations in the country. According to him, the enforcement of already existing laws and constant supervision, would prevent gas station disasters. Speaking on Joy FM’s Super Morning Show […]
Another truckload of smuggled ‘contaminated’ fuel impounded
The National Petroleum Authority (NPA), has impounded a vehicle carrying ‘contaminated’ diesel at the Buipe depot in the Northern Region. The long vehicle with registration number GN3009-09 is in police custody pending further investigations. The seized product is 50,000 litres of diesel valued at GHc213,500. The driver, Hamza File, is assisting the Bureau of National […]
SHELL LAUNCHES THE SHELL MOTORIST APP.
Shell has launched a new product called the shell motorist app. The event which was held at Alliance Motors was attended by people in the oil and gas sector as well as the general public. The app will help users to pay for fuel at the pump with their mobile phones. Other benefits of the […]
Fuel prices to stabilize in October—IES
The Institute of Energy Security (IES) is predicting a fairly stable fuel prices for the first pricing window in October. This the institute attributes to indicators such as the stability of the cedi as well as a 6% drop in gasoline price. Fuel prices have for some time now been going up due to the […]
Walk the talk! Remove petroleum taxes now – Minority
The Minority in Parliament is accusing the governing New Patriotic Party (NPP) of deception following the hike in petroleum prices. The opposition lawmakers said government’s promise to whittle down prices of petroleum products has been dishonoured. Ranking Member on Parliament’s Mines and Energy Committee, Adam Mutawakilu said the current regime has to fulfil its promise […]
We won’t apologize over fuel price hikes – NPA replies Minority
The Chief Executive Officer of the National Petroleum Authority (NPA), Hassan Tampuli, has said that government has not failed in its promise to remove fuel taxes, hence cannot render an apology to citizens in that regard. According to him, the government has barely spent 10 months in office and therefore cannot be said to have […]
Ghana records strong growth in 2nd quarter of 2017
Ghana’s economy recorded strong growth in the second quarter of this year, much higher than the previous quarter. New figures recorded by the Ghana Statistical Service reveal that Ghana grew by 9.0 percent as compared to the same period last year which had a growth of 1.1 percent. Industry led the growth followed by the […]
Maritime dispute win to boost Ghana’s economy
Analysts in the oil and gas sector are anticipating a judgement in favour of Ghana at the landmark case involving Ghana and Ivory Coast at the International Tribunal of the Law of the Sea (ITLOS). The Special Chamber of ITLOS is expected to deliver its ruling on the three-year dispute between the two countries. Ghana, […]
Cedi depreciation, US floods increase petroleum prices
Consumers should brace themselves to pay more for fuel for the second pricing window in September 2017. It follows an anticipated 7 percent rise in the prices of petroleum products. According to the Institute of Energy Security (IES), this is highly due to the effect and great impact Hurricane Harvey had on oil refineries across […]
External forces to blame for petroleum price hikes- gov’t
The price of fuel is said to be at an all-year high in September with Diesel selling at GH¢4.29 per litre, and Petrol selling at GH¢ 4.23. In July, diesel was sold at about GH¢ 3.77 per litre, while petrol was sold at GH¢ 3.76. Despite the increases, commercial drivers have decided to stay the […]
