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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...

Increase Petroleum Imports from Ghana — NPA Boss Appeals to sole Burkinabe Importer

In a bid to improve petroleum products trade between Ghana and Burkina Faso, the National Petroleum Authority...

Tema Oil Refinery must be privatized – Senyo Hosi

The Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors (CBOD), Senyo Hosi says the Tema Oil...

Akufo-Addo approves 2-month removal of Price Stabilisation, Recovery levy to reduce fuel prices

The National Petroleum Authority (NPA) has announced that President Akufo-Addo has approved the removal of the...

CBOD CEO, Senyo Hosi commends interim management committee of TOR for actions against product theft

Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors (CBOD), Senyo Hosi has commended the...

Women Champions in the Energy Sector

When she was just starting out, Ivy Apea Owusu thought she would have a long career in finance. She obtained a...

Fuel Prices Increased By 12 Pesewas; A Litre Now Sells At GHS6.52

Fuel prices have been increased in the Republic of Ghana, bringing more hardships to the already suffering...

Fuel prices likely to go up – IES

Fuel prices in the country are likely to see an increase by two percent in the following days. This is the...

Senyo Hosi to moderate panel discussion at 2021 OTC in US

The Chief Executive of Chamber of Bulk Oil Distributors (CBOD), Senyo Hosi will moderate a panel discussion at...

Fuel prices to remain stable in second pricing window of July – IES

The Institute of Energy Security (IES) is predicting stability in fuel prices in the second pricing window of July 2021. The Institute since the start of the year has been making projections to keep consumers informed about the trends in prices of crude oil and its effect on fuel prices in the country. In a release from...

Fuel prices to go up marginally – IES

The Institute of Energy Security (IES) has said prices of fuel will appreciate marginally at the pumps. A statement issued by IES indicated that the price of fuel on the local market increased within the window under review. Within the first pricing window of June 2021, majority of the oil marketing companies (OMCs) increased their...

CBOD CEO proposes new policy, calls for all filling stations to display compliance ratings

The Chief Executive of the Ghana Chamber of Bulk Oil Distributors (CEO), Senyo Hosi has proposed the passage of legislation to enforce the display of safety compliance ratings at all petroleum filling stations in the country. This, he says, will help ensure public safety and minimize accidents such as the one which occurred on June...

CBOD CEO congratulates Dr Mustapha Abdul-Hamid on NPA appointment

The Chief Executive of the Ghana Chamber of Bulk Oil Distributors, Senyo Hosi has welcomed the appointment of the new CEO of the National Petroleum Authority, Dr Mustapha Abdul-Hamid. In his new role, Dr. Abdul-Hamid, a former Minister of Inner-City and Zongo Development, will superintend the regulation and monitoring of the downstream petroleum industry in...

Mustapha Hamid heads NPA

Former Minister Zongo Development and Inner Cities, Mustapha Hamid has been appointed by President Nana Akufo-Addo as the Chief Executive Officer of the National Petroleum Authority (NPA). Starr News sources indicate that the appointment takes effect from 1 July 2021. Mr Hamid will be responsible for overseeing all operations in the downstream petroleum sector. Dr...

OMCs attribute recent fuel price increases to global market hikes

The Association of Oil Marketing Companies (OMC) has attributed the increase in fuel prices to a hike in the global oil market. Fuel prices at the pumps shot up from GHS6.05 to GHS6.23 on Saturday, June 19, 2021. Some consumers have expressed concern over the development. The Chairman of the Board of Oil Marketing Companies...

Dangote Refinery commended for focusing on production of cleaner fuels

The Executive Secretary of the African Refiners and Distributors Association, Anibor Kragha, has described the 650,000 barrels per day (bpd) oil refinery construction project being undertaken by the Dangote Group in Lagos, Nigeria, as a welcome development that would transform the petroleum industry in Africa. Delivering remarks at a webinar hosted by the Ghana Chamber...

Petroleum Black marketers still a threat to industry – AOMC

The Association of Oil Marketing Companies (AOMC) on Friday said activities of Petroleum Black Market dealers pose a threat to the country’s downstream petroleum sector and called on National Security to tighten the noose. Mr Henry Akwaboah, Chairman of the Board of Governors of AOMC, said that the growing Petroleum Black Market could disrupt the...

Support Dangote’s game-changing refinery to succeed — CBOD CEO to industry players

The Chief Executive Officer (CEO) for the Ghana Chamber of Bulk Oil Distributors, Mr. Senyo Hosi has called on industry players on the continent to support Dangote Refinery to succeed. The seasoned industry player made this call during a webinar hosted by the CBOD on Thursday, June 3, 2021, on updates on the Dangote Project...