The Managing Director of the state-owned Bulk Oil Storage and Transportation Company, Edwin Provencal, has confirmed that some private bulk distribution companies (BDCs) have been importing petroleum products at rates cheaper than imports under the government’s gold for oil programme.
The gold for oil programme is a government initiative under...
The Managing Director of the state-owned Bulk Oil Storage and Transportation Company, Edwin Provencal, has confirmed that some private bulk distribution companies (BDCs) have been importing petroleum products at rates cheaper than imports under the government’s gold for oil programme.
The gold for oil programme is a government initiative under...
-despite 5.98% decline in production
The country earned an amount of US$1.42billion as oil revenue for 2022, the highest since commercial production began in 2011, despite a 5.98 percent drop in production during the year under review.
The amount, which was contained in the 2022 Annual Report of the Public Interest...
The concept of the ‘petrodollar’ or ‘dollar oil’ refers to the agreement made in the 1970s between the United States and Saudi Arabia, which has had a significant impact on the global economy.
In 1971, President Richard Nixon ended the convertibility of the US dollar to gold, which had been...
It is with deep regret and sorrow that the Chief Operating Officer (COO) of GOIL Plc, the Rev. Alex Josiah Adzew, goes home today, Thursday, 20th April, 2023.
His death occurred on Monday, 13th March, 2023 after a short illness.
Yesterday, Wednesday, 19th April, a Night of Hymns & Tributes was...
Ghana Cocoa Board (COCOBOD) is expected to capture about 800,000 cocoa farmers in the country under the Cocoa Farmer Pension Scheme.
Registering and collection of data is still on-going across all cocoa growing areas to serve as a data base for the Cocoa Management System (CMS), which will track the...
Tullow Ghana Limited has partnered with WalkAbout Foundation, a non-governmental organisation, to execute a multi-faceted project that provides wheelchairs as part of efforts to enhance mobility for some people with mobility disabilities in the country.
Under Tullow Ghana’s ‘Share Prosperity’ initiative, the partnership will see delivery of free custom-fitted wheelchairs...
A delegation from the Democratic Republic of the Congo (DRC) is in the country to understudy the design and operational framework of National Petroleum Authority’s (NPA’s) fuel marking programme.
MAMO, DRC has been subcontracted by Authentix to deploy the fuel marking proramme in the South and East of the DRC.
The...
Demeter Ghana Ltd., one of Ghana’s leading fertiliser manufacturer, has added on to its brands Polysulphate cocoa fertiliser – also known as ‘Asaase Hene’ – to boost cocoa production in the country.
Asaase Hene is a multi-nutrient sulphate cocoa fertiliser which Cocoa Research Institute of Ghana (CRIG) trials have shown...
The National Petroleum Authority (NPA) is developing a framework to regulate the importation, storage, processing and marketing of bitumen in the country.
The framework, which will have inputs from the Ghana Standards Authority (GSA), Ghana Highways Authority (GHA) and Customs Division of the Ghana Revenue Authority (GRA), is to streamline...