Fuel price increments unjustified -- group

The Institute for Energy Security, an energy policy think tank, has described the recent increment in price of petroleum products by some Oil Marketing Companies as “unjustified” and lacking merit.The institute in its projections of how much petroleum products must cost ... — Read More

GOIL keeps fuel prices unchanged

Ghana Oil Company Limited (GOIL), has decided to keep the ex-pum prices of its Super and Diesel unchanged, despite upward adjustment in the price of the commodities this week.Pump prices of petrol has gone up by about 5 percent, while diesel ... — Read More

Oil rises on weaker dollar, market balance signals

Oil prices rose on Tuesday, helped by a weaker dollar and the notion that global markets oversupply may be moderating, ahead of a November meeting of OPEC producers that could decide to cut production.A proposal by the Organization of the Petroleum ... — Read More

Solomon Kotei returns from Industrial Conference

The General Secretary of the Industrial and Commercial Workers Union (ICU) of TUC has returned home from Portugal and Brazil where he participated in a global deliberation on the high content of sulphur in diesel oil for motorists which should have ... — Read More

GSA fines three fuel stations GH?9,000

The Ghana Standard Authority (GSA) has fined three fuel stations within the Tamale metropolis for offences associated with various standard irregularities.One of the fuel stations was fined for engaging in under-delivering services, meaning, the station was dispensing fuel below the purchased ... — Read More

Campaign to address pump delivery accuracy launched

A research by PETROSOL, a leading indigenous Oil Marketing Company (OMC) has identified that consumers of petroleum products suffer in silence because they are not getting value for their money.As part of measures towards reversing this, PETROSOL has launched a nationwide ... — Read More

Sankofa gas project is a game-changer-Alex Mould

Mr Alex Mould, the Chief Executive of the Ghana National Petroleum Corporation (GNPC) has said the Sankofa gas project is one of the few projects around the world that had progressed, in spite of the challenging oil and gas environment.“It is ... — Read More

Vivo Energy, Modex enter into strategic pact

Vivo Energy Ghana Limited has signed an agreement with Modex Oil Company Limited to operate all Modex service stations under the Shell brand in a move that will help to expand the market share of Shell and strengthen its foothold on ... — Read More

Gov’t argues banks into oil and gas funding

For the country to achieve its lofty local content goals, the financial services sector, led by the banks, would have to cast off its fear of the risks and huge capital required, and venture into funding local companies offering services in ... — Read More

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