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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...

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...

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...

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...

Fuel prices reduced after public uproar

The recently increased fuel prices have been reduced after public uproar and disaffection towards government...

New taxes on petroleum products unfair – Moses Asaga

A former Chief Executive Officer of the National Petroleum Authority (NPA), Moses Asaga has criticised the...

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...

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...

Ivy Apea Owusu retains position as chairperson on new CBOD board

Ivy Apea Owusu has retained her position as chairperson of the Ghana Chamber of Bulk Oil Distributors, following...

Strategic environmental assessment of petroleum infrastructure master Plan launched

The Environmental Protection Agency (EPA) has launched the Strategic Environmental Assessment (SEA) of the Petroleum Infrastructure Master Plan (PIMP) to ensure environmental sustainability of policies, plans and programmes. Dr Henry K. Kokofu, the Executive Director, EPA, said SEAs had contributed immensely to environmental mainstreaming and the pursuit of sustainability in Ghana’s Development Planning at the...

Take urgent steps to contain risk of stranded oil in Ghana – CSPOG to gov’t

The Civil Society Platform on Oil and Gas (CSPOG) is calling on the government to as a matter of urgency take necessary steps to contain the risk of stranded oil in Ghana as the world gradually embraces the use of renewable energy. As a result of the Coronavirus (Covid-19) pandemic last year, the oil industry...

Gov’t lost GHS4.7bn in taxes to illegal petroleum sector activities – Bawumia

Vice-President Mahamudu Bawumia has launched an innovative Digital Retail Fuel Monitoring System by the National Petroleum Authority (NPA) in Accra. The fuel monitoring system, which allows fuel in OMC tanks across the country to be monitored by NPA, will curb illicit activities in petroleum downstreaming, such as unauthorised third-party deliveries, fake receipts, smuggling, among others...

Ghana: Energy Minister Inspects Upgrading Of Transmission Line Project In Tema

Ghana’s Minister for Energy, Dr Matthew Opoku Prempeh, on Tuesday, paid a working visit to the operational head office of the West African nation’s power transmission company, GRIDCo, in Tema to inspect ongoing project being executed by the company to boost power transmission. The Minister held a meeting with the Chief Executive Officer of GRIDCo...

Multi-functional team needed to support retail outlet fuel monitoring system

Mr Kwaku Agyeman-Duah, Chief Executive Officer, Association of Oil Marketing Companies, has called for a cross-cutting and multi-functional monitoring team to implement the Automatic Tank Gauging and Stock Management and Monitoring Systems. He said the success of every policy was dependent on how it was implemented hence, a mechanism that would enforce the tenets of...

Bawumia launches NPA’s Digital Retail Outlet Fuel Monitoring System

The Vice President, Dr. Mahamudu Bawumia has launched an innovative Digital Retail Fuel Monitoring System by the National Petroleum Authority (NPA) in Accra. The Fuel Monitoring System, which allows fuel in OMC tanks across the country to be monitored by NPA, will curb illicit activities in petroleum downstreaming, such as unauthorised third-party deliveries, fake receipts...

TOR rejects Woodfield’s allegations of fuel shortfall

The Tema Oil Refinery (TOR) on Thursday rejected allegations from one of its clients; Woodfields Energy Resources Limited of a shortfall on its product volumes being held in the Refinery’s tanks. This was contained in a statement signed by the Corporate and Public Affairs Manager of TOR and copied to the Ghana News Agency in...

Monitor distribution of premix fuel – Hawa Koomson orders Secretariat 

Minister of Fisheries and Aquaculture Development (MoFAD), Mavis Hawa Koomson is asking the National Premix Fuel Secretariat to implement stringent monitoring measure to curb the diversion of the product in the country. According to her, the product is subsidized by government and plays a significant role in the trade of fisherfolk hence her call. In...

Petroleum revenues will benefit all Ghanaians – Akufo-Addo

Government is committed to ensuring that petroleum revenues are well managed for the benefit of all Ghanaians, President Nana Addo Dankwa Akufo-Addo has said. Speaking at the launch of the 10th anniversary celebration of the Public Interest and Accountability Committee (PIAC) in Accra on Wednesday, he said Government was determined to leverage the country’s hydrocarbon...