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Market Outlook – 1st to 15th May 2026 Pricing Window

Crude and Refined Products Price Review and Outlook     International crude oil prices plummeted...

CBOD Market Outlook 1st to 15th December 2022

Refined Products Review and Outlook The international market prices of refined petroleum products in the 12 th...

Alliance of African Think Tanks calls for transparency and accountability on projects in energy sector

An alliance of African think tanks active in the areas of governance, anti-corruption and energy policy has...

Cylinder Recirculation Policy to begin in parts of the country by December

The government has announced that the Cylinder Recirculation Policy is set to kick off in parts of the country...

Revive TOR to provide reliable and affordable fuel – IES to Prez Akufo-Addo

The Institute for Energy Security, IES, has reiterated the need for government to do all it can to ensure the...

Fuel prices cross GHs. 23.00 at the pumps

Fuel price has hit an all-time high at the pumps with Petrol selling at GHS17.99 per liter and diesel retailing...

Government must be modest in its promise of getting affordable fuel -Senyo Hosi

The former Chief Executive of the Ghana Chamber of Bulk Oil Distributors, Senyo Hosi, has urged government to be...

Issue fuel coupons to the needy – Chamber Bulk Oil Distributors urges government

The Chamber of Bulk Oil Distributors (CBOD) says government can issue fuel coupons to consumers as a way of...

Government suspends subsidy on Residual Fuel Oil

The government has suspended the subsidy on Residual Fuel Oil (RFO) until further notice, effective November 1...

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...

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...

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...

Fast-track intervention to cushion consumers against rising fuel prices – IES to government

The Institute for Energy Security is appealing to government to fast-track intervention in the rising fuel prices at the pumps to cushion consumers against hardships, following an expected increase in fuel prices at the pumps beginning today, March 16th, 2022. According to the energy think tank, the hikes in fuel prices has impacted negatively on...

Fuel prices to hit ¢11 per litre from Wednesday, March 16

Prices of petroleum products will from Wednesday, March 16 experience a significant surge as consumers are expected to pay ¢11 per litre. The Bulk Oil Distributors has blamed the situation on the volatility on the market as well as the rising cost of crude on the international market. According to the Chief Executive, Senyo Hosi...

Fuel Price Hikes: We are suffering from weak policy planning by successive governments – Senyo Hosi

Chief Executive Officer (CEO) of the Ghana Chamber of Bulk Oil Distributors (CBOD), Senyo Hosi says the frequent hikes in petroleum prices in Ghana is a result of “very weak policy planning by successive governments.” His comment follows recent increases in the price of fuel, leading to a spike in the cost of living. According...

Fuel prices to go up by 25 pesewas per litre in February – IES predicts

The prices of petrol, diesel, and Liquefied Petroleum Gas (LPG) will go up by 25 pesewas per litre in the first two weeks of February, this year, the Institute for Energy Security has predicted. The Institute said the impending increment would be higher than projected if the Price Stabilisation and Recovery Levy (PSRL), currently suspended...