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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...

Play by the rules or lose your license – NPA boss warns OMCs

The Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid has said that the...

Energy Minister inaugurates New Ghana Gas Board

Energy Minister, Dr. Matthew Opoku Prempeh has inaugurated the newly-constituted Governing Board of the Ghana...

‘Africa must prioritise cleaner fuels in net zero emissions targets’

With its growing petroleum products demands and huge population growth over the next two decades, Africa must...

I’ll ensure rules, regulations are adhered to by petroleum downstream players – NPA boss

The Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid has assured his primary...

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...

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...

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...

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...

Fuel prices set to increase in the next 10 days — COPEC

The prices of fuel at the various pumps in Ghana are set to witness a marginal increase, the Chamber of Petroleum Consumers Ghana (COPEC-Ghana) has disclosed. This comes barely a month after fuel prices increased by over 12% due to the introduction of some taxes, increases in margins by the National Petroleum Authority (NPA), and...

LPG Marketers want govt to lift ban on construction of new LPG stations

The Liquefied Petroleum Gas (LPG) Marketing Companies Association says it may lose GH¢60million worth of investment made into building some 100 LPG retail outlets which remain incomplete. The government, after the Atomic Gas explosion in 2017, placed a ban on new LPG retail points to allow for proper assessment of all LPG outlets nationwide. Although...

Special Petroleum tax no more relevant, remove it – Bawa to Govt

Bongo lawmaker and a member of the Mines and Energy Committee of Parliament, Mr Edward Bawa has asked the government to immediately remove the Special Petroleum tax. He told Dzifa Bampoh on the First Take on 3FM Thursday May 6 that the tax which was introduced by the Mahama administration is not more relevant because...

BOST clears GH¢237m debt to banks

The Bulk Oil Storage and Transportation Company Limited (BOST) has cleared all of its GH¢237 million debt owed some domestic banks in the country. The money, which was owed GCB Bank, Fidelity Bank, UMB Bank and UBA Bank, was paid through a combination instruments including internally-generated funds, the upward adjustment of the BOST margin and...

COPEC blasts NPA for not engaging stakeholders before increasing fuel prices

The Chamber of Petroleum Consumers (COPEC) has taken a swipe at the National Petroleum Authority (NPA) for consistently failing to engage key stakeholders such as Parliament on increments in prices of petroleum products. The Executive Secretary of COPEC, Duncan Amoah on Eyewitness News said the NPA’s lack of engagement is inappropriate and unfair. His concerns come in...

Fuel prices reduced after public uproar

The recently increased fuel prices have been reduced after public uproar and disaffection towards government. The 17 pesewas per litre increase in fuel margins was previously announced. This pushed the pump prices to Ghc6.130 for both petrol and diesel. But the National Petroleum Authority (NPA) in a statement has reduced the 17 pesewas per litre...

New taxes on petroleum products unfair – Moses Asaga

A former Chief Executive Officer of the National Petroleum Authority (NPA), Moses Asaga has criticised the government for introducing new tax policies in the 2021 budget statement. Three of the new taxes which took effect on Saturday are as a result of the imposition of an Energy Sector Recovery Levy of GHS 20 pesewas per...

Withdraw nuisance and insensitive margins on petroleum products – IES to gov’t

The Institute for Energy Security (IES) is asking the National Petroleum Authority (NPA) to withdraw the new margins on petroleum products to give respite to Ghanaians amidst the covid-19 hardship in the country. Some amended margins have been made available to the various Petroleum Service Providers (PSPs) on April 29, 2021, ahead of the second...

Sludge dealers appeal to Akufo-Addo to validate oil from Nigeria

Mr Edrorlali Adjoorlolo, a Sludge dealer on Sunday appealed to the government to intervene and dialogue with oil importers from Nigeria to create more jobs for Ghanaians at the coastal areas. He said although Nigerians had for the past years imported oil to the Ghanaian coastline, there had been reports of seizures of the commodity...