17 OMCs did not pay GH¢249.8m duties, taxes between 2022, 2021 – Auditor General
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 assumes office as CEO of Ghana Chamber of Bulk Oil Distributors
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 […]
CBOD donates laptop computers to University of Ghana
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 […]
Patrick Kwaku Ofori appointed CEO of Chamber of Bulk Oil Distributors
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 […]
Senyo Hosi to step down as CEO of Chamber of Bulk Oil Distributors
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 […]
Fuel Price Hikes: Fix TOR now – IES tells government
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 […]
BDCs get only $100million forex from BoG; $350million more needed to pay suppliers — Senyo Hosi
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 […]
Ghana has one month fuel cover – Senyo Hosi
The Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors, Mr Senyo Hosi has urged the public not to engage in panic buying of fuel because the country has a one-month fuel cover. Urging the public not to panic following a Bloomberg report about a looming shortage of fuel, Mr Hosi said members […]
Ghana has best quality fuel in West Africa; feel free to buy from any fuel station – NPA
The Head of Quality Assurance at the National Petroleum Authority (NPA), Saeed Ubeidalah, has urged consumers of petroleum products to feel free and buy petroleum products from any fuel station in the country. According to him, fuel sold in Ghana has the best quality in West Africa. “So far as the fuel station is operating […]
Tullow Oil confirms new gas reserves
Tullow Ghana confirms that the existing Jubilee and TEN Fields hold an estimated 1.5 and two trillion cubic feet (TCF) of hydrocarbons resources offshore in the Western Region. The existing gas resources are located within the Tweneboa, Enyenra, Ntomme (TEN) and the Jubilee fields. The Managing Director of Tullow Ghana Limited, Wissam Al-Monthiry, made this […]
