Tag: Petroleum Products
U.S. declares state of emergency over pipeline shutdown after cyber attack
The White House on Sunday declared a state of emergency in 17 states and the District of Columbia in response to the shutdown of...
OMC complexities impose enormous challenges – Marketing Expert
The complexities in the oil marketing supply-chain impose enormous challenges for both operators and consumers of petroleum products, Mr David Afiawo, a Marketing Consultant,...
Ex-Pump Prices Variations During Covid-19 Pandemic: Comparisons Between Ghana And Other Countries
The novel corona virus (COVID -19) pandemic has sent shockwaves throughout all economic sectors of the globe.
This pandemic has seen some economies struggle to...
AOMCs responds to calls for slash of fuel prices
The Association of Oil Marketing Companies (AOMCs) has responded to some publications citing comments and calls by some people and civil society organizations for...
GSA extends working hours to serve industry
The Ghana Standards Authority will from January 20, extend its testing service hours in a bid to satisfy customer needs of quick turnaround times.
Testing...
Veep launches Electronic Cargo Tracking System
Vice President Dr Mahamudu Bawumia has launched the Electronic Cargo Tracking System (ECTS) and Command Control Centre for the Bulk Road Vehicle (BRV) to...
Nigeria’s central bank injects liquidity into market
Nigeria's central bank has pumped 311.5 million U.S. dollars and 15 million Chinese yuan respectively into the financial system.
The dollar intervention,...
GOIL follows due process in the transportation of petroleum products
Ghana Oil Company Limited (GOIL) has adopted pragmatic measures to instil discipline in transportation of petroleum products by road and to ensure that truck...
Fuel Queues: NNPC’s Baru Rushes Back Home…Abandon Forbes Award
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Kacalla Baru, Tuesday, cut short his trip to London In a...
NNPC To Nigerians: Don’t panic, no plan to increase petrol price
The Group General Manager, Group Public Affairs Division of the NNPC, Ndu Ughamadu, has said there was absolutely no plan by the Federal Government...
NPA Launches Safety Campaign To Curb Petroleum Related Incidents In Ghana
Speaking at the launch of the National Petroleum's Safety Campaign dabbed ‘People Safety First’ to help curb petroleum related incidents in the country, the...
Ghana to expect further fuel price to increase
Consumers of petroleum products in the country are actually suffocating to contend with the rate at which prices are been increased in recent weeks....
US exports of crude oil, petroleum products double in last six years – EIA
United States (US) crude oil and petroleum product gross exports have more than doubled over the past six years, says the Energy Information Administration...
Ghanaian energy think tank forecasts price drop in petroleum products
Ghanaian energy think tank, Institute for Energy Security (IES) says the prices of petroleum products will drop further this month in the West African...
Nov. 4 major Nigerian media outlets
-- President Muhammadu Buhari on Thursday revealed he had come close to relinquishing power.
"Actually, I felt like absconding because 27 out...
Fuel prices shoot up by 5-7 per cent
Consumers of petroleum products in the country are protesting the sharp upwards adjustment in prices of the commodity at the various pump stations across...
Ghana Government To Reduce Fuel Price In Last Quarter 2016
The Journalists who works with the New Crusading Guide Newspaper as the Business Editor noted that government has been under intense pressure from the...
TAZARA secures deal to ferry DRC petroleum products
The railway firm, jointly owned by the Zambian and Tanzanian governments, has secured the deal to transport 18 million liters of petroleum products to...
NPA conducts education on petroleum products handling
Mr Yaro Kasambata, the Public Relations Manager (PRM) of the NPA said the institution is worried about the fire out breaks caused by petroleum...
OMC gives an upward adjustment on fuel prices
Engen Ghana Limited has pegged Super at GH¢3.450 per litre and Diesel at GH¢3.410 per litre, Ghana Oil Company Limited (GOIL) has fixed...
Nigerian oil union leaders to meet over new pump price
Tokunbo Korodo, the South-West Chairman of the union disclosed this in Lagos, Nigeria's economic hub on Wednesday.
According to him, it is...
Ghana Government Confident Of Deregulating Petroleum Sector
Speaking at a cocktail to celebrate the launch of Puma Energy Distribution Ghana, he noted that the deregulation process would also allow the regulatory...
Ghana Gas Takeover By GNPC Final Stage
According to the Minister, one of the processes is to make sure that the CEO of GNPC is a board member of Ghana Gas...
Consumers Unlikely To Benefit From Declining Oil Prices
According to them, the situation will also come as a disincentive to consumers as they are likely not to benefit from the stability on...
Consumer Chamber Demands Reduction In Fares Amid Petroleum Price Fall
Diesel has been reduced by 4%, while Liquefied Petroleum Gas (LPG) has seen a 9% fall in price.
Petrol will now sell at the pump at...
Ghanaian workers protest rising cost of living
The protesters started off at the "Obra Spot" in downtown Accra and marched through the principal streets of the capital amid drumming and dancing...
Ghana’a President defends increase in utility services
He said for the past 15 years, utility companies had accumulated a lot of debt making them financial vulnerable and without such measures, needed...
Ghana’s Transport fares remain same amid ESL
The increase was occasioned by the passage of the Energy Sector Levy (ESL) by Parliament in December 2015.
The Ghana Private Road Transport Union (GPRTU)...
Ghana’s labor groups threaten strike over hikes in taxes, fuel prices
At its meeting in Accra on Thursday, organized labor agreed on a roadmap for the intended action to press home the demands in the...
Petroleum Products up by 27%
The increment is to take effective today, Monday January 4, 2016.
This was as a result of the passage of the Energy Sector Levy by...