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Crude and Refined Products Price Review and Outlook International crude oil prices plummeted...
The Minority in Parliament says lack of confidence in the Nana Akufo-Addo-led government is the reason why...
The Institute for Energy Security (IES) is predicting a marginal increase in fuel prices at the pumps in Ghana...
Ibistek Limited, an engineering consultancy firm, has introduced the newly built Takoradi Oil Jetty to members...
The Association of Oil Marketing Companies (AOMC), has marked six years of the deregulation policy of petroleum...
Gas production experienced a significant rise in 2020 with a total production of 237,962.82 MMSCF of Associated...
As part of the preparation of spatial plans for the siting of the Ghana National Petroleum-Hub project in the...
The prices of fuel at the various pumps in Ghana are set to witness a marginal increase, the Chamber of...
The Liquefied Petroleum Gas (LPG) Marketing Companies Association says it may lose GH¢60million worth of...
The Chamber of Bulk Oil Distributors (CBOD) has donated projectors to the University of Ghana Business School to support effective teaching and learning at the institution. The presentation which took place at the University of Ghana, Legon campus on 14 April, 2021 was done to show CBOD’s appreciation for a developing partnership between the UGBS...
A mother broke into uncontrollable tears at the Hohoe Circuit Court last Wednesday when her son, a 31-year-old fuel station supervisor, was handed a 15-year jail term for stealing. Yussif Abubakar, a former worker of the Hohoe branch of Star Oil Company was sentenced for stealing GH¢139,118 belonging to his employer. His mother, seemingly broken...
A market survey conducted by the Institute for Energy Security (IES) in its April first pricing-window, revealed that Zen Petroleum, Benab Oil, Petrosol and Frimps Oil sold the least-priced fuel on the local market. In its price analysis of petroleum products in the market, the Institute said the average prices of fuel at the pumps...
The Ranking Member on the Lands and Forestry Committee of Parliament, Dr. Rashid Pelpuo has joined calls for the immediate reduction of taxes on Liquefied Petroleum Gas (LPG). He fears the 18-pesewa upward tax adjustment on the price of the product will have an indirect effect on the environment. Dr. Pelpuo expects people to resort to...
The Africa Centre for Energy Policy (ACEP) has accused some agents of the Electricity Company of Ghana (ECG) including subcontractors of facilitating and conniving with consumers to engage in illegal connections and meter tempering for their selfish interest. At a press briefing addressed by Kodzo Yaotse, Policy Lead – Petroleum and Conventional Energy, revealed that these agents and...
The Institute for Energy Security (IES) has revealed that the average prices of fuel at the pumps is still pegged at Gh¢5.16 following what the Institute described as stability in prices. This was contained in the Institute’s April first pricing-window indicating that price of petroleum products in the first pricing window in April has been...
Government is expected to engage the leadership of the LPG Marketing Companies Association on Wednesday, April 14, 2021, over concerns regarding an increase in the price of the petroleum product. The LPG Marketing Companies have stated their opposition to an 18-pesewa upward adjustment on a kilogram of LPG. The increases come at a time Ghanaians...
The Liquefied Petroleum Gas (LPG), Marketers Companies Association of Ghana is asking government to consider the current hardship caused by covid-19 and suspend the proposed 18-pesewa upward adjustment on a kilogram of LPG. The Association believes the tax will further worsen the plight of consumers and subsequently lead to a reduction in the use of...
Strategic Mobilisation Ghana Ltd (SML), Ghana’s-first digital project to monitor petroleum products across 16 depots, recorded one billion cedis in revenue. This helped Government to realize more money while reducing leakages in the fuel-value chain. The Managing Director, Christian Sottie, speaking to the media in Accra, said in March 2021, when SML started monitoring and auditing...
Market Outlook – 1st to 15th May 2026 Pricing Window
Crude and Refined Products Price Review and Outlook International crude oil prices plummeted significantly by about 12.33% in the period under review, averaging around USD114…
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