Surge in Fuel Prices: A Look at the 2020-2024 Period
Over the past four years, fuel prices in Ghana have undergone a dramatic surge, affecting households, businesses, and the overall economy. Pump prices for petrol and diesel have risen sharply, with petrol increasing by approximately 150% and diesel by nearly 200% from 2020 to 2024. In 2020, petrol and diesel pump prices averaged below GHS5/Ltr. […]
Transforming Ghana’s Petroleum Landscape: Insights from the 2023 Industry Report
The 2023 Petroleum Industry Report outlines significant progress and persistent challenges in Ghana’s oil and gas sector. As the global energy landscape shifts, Ghana’s petroleum industry has embraced both opportunities and hurdles, seeking to solidify its position in the region. Over the past year, Ghana has made strides in production optimisation and revenue generation. Efforts […]
Energy Policy Townhall
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 […]
CBOD Engages NPP and NDC at Energy Policy Townhall
The Ghana Chamber of Bulk Oil Distributors (CBOD), as part of its four-year initiative to engage political parties on energy sector matters relative to their manifesto promises, hosted this year’s Energy Policy Townhall at the UPSA Auditorium. The event served as a platform for representatives of the country’s two major political parties—the New Patriotic Party […]
CEO’s Welcome Message
Welcome to the Ghana Chamber of Bulk Oil Distributors (CBOD) website. Welcome to the official website of the Ghana Chamber of Bulk Oil Distributors (CBOD). The CBOD serves as a key advocacy and representative body for private sector companies in the downstream petroleum industry, along with our affiliates (i.e. BIDECs, Depots, and Affiliates). Our vision […]
From Sprints to Crude: How Athletic Skills are Fueling Ghana’s Oil Sector
In the dynamic heart of Accra, an innovative approach is quietly reshaping Ghana’s oil and gas sector. At the helm of this change is Dr. Patrick Kwaku Ofori, CEO of the Ghana Chamber of Bulk Oil Distributors (CBOD). Drawing from his own remarkable journey from sports to the boardroom, Dr. Ofori is leading a movement […]
GhIPCON 2024: Take advantage of AfCFTA to grow petroleum industry – Herbert Krapah
The Energy Minister, Herbert Krapah has challenged players in the Ghanaian petroleum industry to take advantage of the African Continental Free Trade Agreement (AfCFTA) to boost the industry. He was speaking in a keynote address at the Ghana International Petroleum Conference (GhIPCON) 2024, which took place at the Accra Marriott Hotel from 17th to 18th […]
CBOD Supports Research on How Athletes’ Skills Can Boost Ghana’s Oil Industry
The Ghana Chamber of Bulk Oil Distributors (CBOD) partnered with Abertay University in Scotland to explore how the skills athletes develop through sports can contribute to economic development in Ghana’s oil and gas sector. Supported by the International Science Partnership Funding, this research identifies innovative solutions to address the looming skills shortage in the industry. […]
CBOD CEO calls for increased research and education to harness Local Content Development
Dr. Patrick Ofori, CEO of the Ghana Chamber of Bulk Oil Distributors (CBOD), has underscored the critical gap in research and contextualization within Ghana’s petroleum sector. He said this during a panel discussion at the Ghana International Petroleum Conference 2024. He lamented the scarcity of local research initiatives, citing a single book sponsored by the […]
