The Council of the Chamber of Petroleum Consumers (COPEC) says the country’s premix arrangement needs a complete review and a complete overhauling.
According to the Council, the current system in practice is simply prone to such corrupt diversions and retrading.
It argues that premix fuel has become a lucrative business for...
Energy Minister, Boakye Agyarko, has said that no individual is now allowed to lift contaminated oil from Ghana’s Bulk Oil Storage and Transportation Company (BOST).
This, he said, is part of interim measures to prevent the supply of contaminated fuel onto the Market following the BOST scandal where some five...
Excess supplies seen falling from record to about 50,000 tonnes
Demand is growing in countries, including Indonesia and India
The world just can’t get enough chocolate.
With "tremendous" demand in emerging markets looking set to continue this season, the world’s third-largest cocoa processor is projecting a sharply smaller global surplus....
Golden Star Resources Limited has been adjudged Mining Company of the Year at the 2017 edition of the Ghana Mining Industry Awards.
Golden Star beat competition from over 10 other mining companies to win the top award at the 4th Ghana Mining Industry Awards, organised by the Ghana Chamber of...
The 4th Ghana Oil and Gas Awards (GOGA 2017) brings together over 400 industry players in the oil and gas industry annually from downstream, mainstream and upstream specifically.
The awards recognises achievements from local and international companies involved in the Ghana oil and gas sector and rewarded those that have played...
Officials of Intercity STC (ISTC) are upbeat about their new alliance with engine-oil supplier Exol Lubricants, which they reckon is saving the company from having to invest more in constant changes of oil.
According to a Deputy Managing Director, Technical Services at Intercity STC, Ing. John Awuku Dzuazah, the company...
Electricity tariffs could drop much lower than government is planning to reduce them if the multitude of taxes on petroleum products, which feed into the tariffs, are clipped one way or another, Professor Felix Asante, Director of the Institute of Statistical, Social and Economic Research, has said.
“I was personally...
As part of its effort to reduce gas related accidents in the country, The National Petroleum Authority (NPA) has engaged consumers of liquefied petroleum gas (LPG) in the Brong Ahafo Region.
The exercise is aimed at sensitizing chopbar operators, restaurants, hotels and door-to-door business operators on safe dispensing and use...
The Ghana Grid Company Limited (GRIDCO) and the Korea Electric Power Corporation (KEPCO) have signed an agreement for the establishment of a GRIDCO Centre of Excellence at the Kwame Nkrumah University of Science and Technology.
The training centre would be equipped with the state of the art facilities that would...
The government is hopeful of earning some US$669.4 million from the petroleum sector in 2018, the 2018 Budget and Policy Statement to Parliament, has said.
Presenting the 2018 Budget and Policy Statement to Parliament, the Minister of Finance, Mr. Ken Ofori-Atta, said “the total petroleum revenue for 2018 is estimated...