Ghana International Petroleum Conference 2024
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 strengthens safety protocols with fire response training for depots
The Chamber of Bulk Oil Distributors (CBOD), in collaboration with the Tema Command of the Ghana National Fire Service, has organized an emergency fire response training program for members of the chamber. Forty representatives from member company depots participated in the intensive training session. The purpose of the training program was to equip depot staff […]
CBOD fosters transparency with media soiree
The Ghana Chamber of Bulk Oil Distributors (CBOD) has hosted this year’s media soiree, inviting representatives from various media houses across the country. The cocktail event aimed to establish a strong and collaborative relationship between the Chamber and the media, focused on ensuring accurate and timely information reaches Ghanaians. Dr. Patrick Ofori, CEO of CBOD, […]
Gold-for-oil: Chamber of Bulk Oil Distributors call for fair competitive environment
The Ghana Chamber of Bulk Oil Distributors (CBOD) has called on government to create an enabling environment that would ensure bulk distribution companies compete fairly in the gold for oil (G4O) programme. According to Chamber, the Bank of Ghana (BoG) underwriting the risks associated with commercial activities of the Bulk Oil Storage and Transportation company […]
Containing Cedi depreciation critical to affordable fuel prices – CBOD
The Ghana Chamber of Bulk Oil Distributors (CBOD) has asked the Government to enhance measures to stabilise the cedi to ensure reduced fuel prices for Ghanaians. According to the Chamber, a strong cedi is critical to affordable petrol and diesel prices, which would also support business growth and cushion the public from the associated hikes […]
NPA boss elected President of African Refiners Association
The Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid, has been elected President of the African Refiners and Distributors Association (ARDA) in Cape Town, South Africa. The Executive Committee of the continental body approved the nomination last Sunday and the Annual General Meeting unanimously ratified the appointment on Thursday. This is the […]
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 […]
CBOD denies reports of license non-renewal by BDCs
The Chamber of Bulk Oil Distributors (CBOD) has denied reports that some Bulk Oil Distribution Companies (BDCs) have threatened not to renew their $300,000 licenses due to the implementation of the Gold for Oil policy. The CEO of CBOD, Patrick Ofori, stated in a recent interview that no BDC has expressed such intentions and that […]
Ghana’s oil production to grow slightly to 145,390bpd in 2024 – Report
Ghana’s oil production will grow slightly in the near term, with crude oil and other liquids production increasing from 142,440 barrels per day in 2022 to 145,390, Fitch Solutions has disclosed. This projection follows recent investments by Tullow Oil. Here is more. It said the investments to propel this moderate growth consists of a multi-year drilling […]
