Latest News
Crude and Refined Products Price Review and Outlook International crude oil prices plummeted...
Vice President Dr Mahamudu Bawumia has said the success of the African Continental Free Trade Area (AfCFTA)...
Vice President Dr. Mahamudu Bawumia has said the only way to build a self-sustaining continent is for African...
The Chief Executive Officer of the National Petroleum Authority (NPA), Hassan Tampuli, has revealed that...
The Chief Executive of the Ghana Chamber of Bulk Oil Distributors, Senyo Hosi has received the coronavirus...
President Akufo-Addo has said that the National Energy Policy, 2020, has been completed to improve the framework...
The Chamber of Independent Power Producers, Distributors and Bulk Consumers (CIPDiB) is demanding a full-scale...
The Ghana Chamber of Bulk Oil Distributors (CBOD) has launched its 2019 Petroleum Industry report with a call on...
The Chamber of Bulk Oil Distributors (CBOD) has revealed that government and the people of Ghana lost...
Workers of the Tema Oil Refinery (TOR) have given President Akufo-Addo a one-week ultimatum to dissolve the board of the company. The staff say the board must be dissolved over its incompetent management of the refinery. The workers made the demand when they staged a peaceful protest on Wednesday morning at the...
The former Minister of Energy and Petroleum Emmanuel Arma-Kofi Buah has touted the National Democratic Congress’ record in the energy industry as superior. At the party’s turn at CBOD’s The Energy Manifesto Townhall, the former Minister said the NDC government’s record with the power distribution sector is clear because the Electricity Company of Ghana (ECG)...
The two main political parties, the National Democratic Party (NDC) and the New Patriotic Party (NPP) will in the coming week justify their energy manifesto promises which they have made to Ghanaians ahead of the general elections on December 7, 2020. This will happen at the Chamber of Bulk Oil Distributors’ maiden industry event dubbed...
Oil fell 3% on Monday, extending last week’s losses as growing cases of COVID-19 in the United States and Europe raised worries about crude demand, while the prospect of increased supply also hurt sentiment. Brent crude LCOc1 was down $1.25 cents, or 3%, at $40.52 by 0755 GMT. U.S. West Texas Intermediate (WTI) dropped $1.28 cents, or...
Ghana’s Parliament has passed the Petroleum Hub Development Corporation Bill, 2020. The Bills seeks to establish the Petroleum Hub Development Corporation to promote and develop a petroleum and petrochemical hub in the country. The project is part of the strategic development initiatives of the government to promote socio-economic growth and is targeted at strategically positioning...
The Environmental Protection Agency (EPA)has urged stakeholders in the Liquefied Petroleum Gas (LPG) industry to embrace safety holistically in their everyday work, to prevent accidents from happening at Gas Filling Stations. Mr Henry Kwabena Kokofu, EPA Executive Director who told the Ghana News Agency in an interview noted: “Players in the Gas industry must ensure...
Aggrieved members of the National Petroleum Tanker Drivers Union have embarked on a sit-down strike. The strike according to the Chairman of the Drivers Union, George Nyaunu is because the National Petroleum Authority (NPA) has failed to address their concerns. He said although drivers are ready to work, the Union needs a written document from the...
Fuel tanker drivers across the country have been directed by their mother association, the Ghana National Petroleum Tanker Drivers Union to boycott work from today, Monday, October 19. The association in a letter said all the drivers must however report to their respective loading gantries. “We are informing all tanker drivers across the country that...
Figure 1 details The Bost stock Losses of the 7 BIDECs The BOST Product Loss Internal Committee has concluded its sittings with Bulk Import, Distribution and Export Companies (BIDECs) for about four weeks. The Committee met with the BIDECs in groups over findings from an inquiry into BIDECs’ claims for the loss of stock under...
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…
Read full story