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Govt completes payments of all BDCs Legacy Debts

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The Government has completed the payment of all legacy debts owed the Bulk Oil Distribution Companies (BDCs) and Banks towards reducing the Non-Performing Loans...

Ghana Likely To Face Fuel Supply Shortage

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Ghana’s fuel supplies are expected to face serious disruptions due to the unanticipated shut-down of the Tema Oil Refinery (TOR), and port congestion facing...
petroleum

Dishonesty of BDCs and OMCs dreadful

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The Bulk Oil Distribution Companies (BDCs) who are the importers of the refined petroleum products from the international market have been very dishonest to...
Oil

Great relief for Bulk Oil Distribution Companies

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Bulk Oil Distribution Companies (BDCs) and Banks in the country are breathing a sigh of relief following the comprehensive move by Government in partnership...
Oil

Oil marketing pricing has taken a dramatic turn

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A Ghana News Agency team monitoring the fortnight price review in accordance with the petroleum deregulation regime observed that GOIL the only indigenous downstream...

BOST MD beats retreat to allegations against BDCs

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By Abubakari Seidu Ajarfor The Managing Director of Bulk Oil Storage and Transportation (BOST), Kingsley Kwame Awuah-Darko has asked for a truce between his entity,...

Is NPA cheating Ghanaians?

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The National Petroleum Authority has indicated that even though the price of crude oil has dropped drastically on the world market, It can not...
Fuel Prices

Ghana On Tuesday To Increase Fuel Prices

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The National Petroleum Authority (NPA) is set to take a decision on the prices of fuel products Tuesday, December 30. This will follow a review...

Fishermen In Tema Yet To Receive Premix Allocation

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Fishermen operating at the Tema Canoe Beach are yet to receive allocations of premix fuel to power their outboard motors for fishing expeditions. The fishermen,...
Oil

Banks uncooperative with audit of GH?1.8bn oil claims

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An audit of GH?1.8 billion claims submitted by the Bulk Oil Distribution Companies (BDCs) has stalled because the local banks that finance the BDCs...