The legal team of Dr. Mustapha Abdul-Hamid, the former CEO of the National Petroleum Authority (NPA), has issued a rebuttal to the corruption charges filed by the Office of the Special Prosecutor (OSP). The team asserts their client has not been formally served with court documents despite widespread media reports of a 25-count indictment. In […]
The acting CEO of the National Petroleum Authority (NPA) has assured Ghanaians that NPA has sufficient fuel reserves to last beyond two months, despite ongoing global uncertainties. Godwin Edudzi Tameklo, speaking during a briefing with the Parliamentary Select Committee on Energy at Senchi on Saturday, revealed that the country currently holds over 200 million litres […]
Prices of the petroleum products are set to witness the biggest drop at the pumps today May 16, 2025. This is according to the Chamber of Oil Marketing Companies (COMAC) Pricing Outlook for the second pricing window for the month of May 2025. Price quotes for various products According to the pricing guidelines for the […]
Some Oil Marketing Companies (OMCs) have started reducing prices of petroleum products at the pumps from today, September 16, 2024. Star Oil Ghana is selling a litre of petrol at GH₵12.55, indicating a one cedi drop. This represents a 7.9 percent decline. The company is also selling a litre of diesel at GH₵13.27. This represents […]
To ensure that the prices of petroleum products imported under the Gold-for-Oil (G4O) programme reflect at the pumps to benefit consumers, the National Petroleum Authority (NPA) will regulate the prices of the products in the interim until the volumes increase significantly. In addition, the NPA will work with the Bulk Oil Storage and Transportation (BOST) […]
The Head of Consumer Services at the National Petroleum Authority (NPA), Eunice Budu Nyarko, has appealed to the public to purchase fuel only from filling stations with certification. She said stations with green Ghana Standards Authority (GSA) stickers were always the go-to places for petroleum products, since those stations were regularly monitored by the NPA […]
The Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors, Senyo Hosi has said that stakeholders are working to avert any of fuel shortage in the country. He said this in response to a Bloomberg report that the country faces a looming fuel shortage. Speaking on Top Story, Tuesday, Senyo Hosi explained that government […]
Chief Executive Officer of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid, has disclosed that the Authority has secured a deal with the Bank of Ghana to give bulk oil distribution companies lower rates of dollar. Dr. Abdul-Hamid hoped the deal lead to a decline in the prices of petroleum products in the country in […]
The Ghana Chamber of Bulk Oil Distributors (COBD) has forecasted an up to ¢1 per litre reduction in the price of petrol and diesel by April 1, 2022. This follows several engagements the COBD had with the Bank of Ghana (BoG) and stakeholders to fashion out interventions aimed at reducing the prices at the various […]
The Chamber of Bulk Oil Distributors (COBD) says there will be some reprieve for consumers of petroleum products soon because of some measures the Bank of Ghana (BoG) has announced. The Central Bank has announced it will provide more forex for importers of petroleum products at competitive rates, which is expected to check the recent […]
The National Petroleum Authority (NPA) has indicated its decision to restore the Price Stabilisation and Recovery Levies (PSRL) on petrol, diesel and Liquefied Petroleum Gas (LPG) products effective February 1, 2022. President Akufo-Addo had directed the National Petroleum Authority to extend the removal of the Price Stabilisation and Recovery Levies on petrol, diesel, and LPG to […]
Government has directed the Ghana Oil Company (GOIL) to reduce price of fuel at the pumps effective Tuesday, December 7. This follows a crunch meeting between government and transport operators at the Presidency on Monday evening. Head of Communications at the GPRTU, Abass Imoro, who disclosed this on PM Express with Evans Mensah, on Monday, said government […]
