The Chamber of Petroleum Consumers Ghana (COPEC) is forecasting a 3 percent increase in fuel prices at the pumps for the first week of January 2022.
According to COPEC, the increase will lead to a 20 pesewas surge in the prices of petrol and diesel in the country.
A statement from...
The National Petroleum Authority (NPA) and its counterpart in Lesotho, the Petroleum Fund, are collaborating to improve efficiency in the petroleum downstream in both countries.
In furtherance to the collaboration, a team from the Petroleum Fund, led by its Chief Executive Officer, Mr. Thato Mohasoa, paid a courtesy call on...
at the Ghana Nigeria Business Council
Former Miss Malaika beauty queen Ama Osei Sarpong (formerly, Ama Nettey), hosted oil and gas industry experts in a panel discussion on Tuesday 18th October 2022 in Dunwoody, Atlanta, Georgia, USA on the theme: Boosting the Energy Sector to increase further investment.
This year’s...
The spate of legal tussles within the petroleum upstream industry poses a real threat to sustainability of the nation’s oil production, say experts.
The experts, including Chief Executive Officer of the Ghana Upstream Petroleum Chamber, David Ampofo, and Executive Director of the Institute for Energy Security (IES), Nana Amoasi VII,...
The Chamber of Bulk Oil Distributors (CBOD) insists that the recent fluctuations in fuel prices and subsequent adjustments at pumps are primarily driven by global market prices of petrol and diesel, as well as foreign exchange (FX) rates.
Contrary to certain claims suggesting that its members are exploiting the public,...
GOIL PLC is gearing up to enter the West African bitumen market by introducing innovative products, specifically polymer-modified bitumen (PMB) and bitumen emulsion, as part of the company's ongoing diversification efforts.
The company commenced bitumen production in the last quarter of 2022 after successfully constructing a bitumen terminal and production...
A new regulation to block foreigners from purchasing cashew nuts directly from the farmgate will soon be enforced to make trading the commodity the sole preserve of Ghanaians, deputy Chief Executive Officer, Operations at the Tree Crop Development Authority (TCDA), Foster Boateng, has revealed.
Mr. Boateng disclosed to the B&FT...