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 […]
The Institute for Energy Security (IES) projects that price of fuel on the domestic market at the various pumps are set to dip for the second pricing-window of August 2021. According to the IES, this is due to the various change in prices of the commodities on the international market is expected to affect local […]
Founding President of IMANI Africa, Franklin Cudjoe has eulogized the Chief Executive Officer of the National Petroleum Authority (NPA), Hassan Tampuli for saving Ghana a whopping $300 Million which would have been lost through fraudulent activities in the petroleum sector. BestNewsGH.com reports Mr. Cudjoe as saying but for the vigilance of the NPA Boss, the […]
Government, through the National Petroleum Authority (NPA) has commissioned the Command and Control Centre for the Bulk Road Vehicle (BRV) and the Electronic Cargo Tracking System (ECTS). The move marks part of efforts by government to combat illicit activities in the petroleum downstream sector such as bunkering, smuggling and dumping of fuel products that are […]
Springfield Exploration and Production (SEP) Limited, Ghana National Petroleum Corporation (GNPC) and the Government of Ghana will very soon, officially announce details of its maiden Afina-1 well discovery in the West Cape Three Points Block2, offshore Ghana. Afina-1 which is located at a water depth of 1030 metres was drilled to a total depth of […]
The National Petroleum Authority (NPA) has signed a Memorandum of Understanding (MoU) with the Korean Petroleum Quality and Distribution Authority (K-Petro) to share technical expertise, improve ongoing fuel marking as well as testing systems. The signing ceremony took place at the NPA Headquarters in Accra. This was when the Chief Executive Officer of the NPA, […]
The implementation of the Cylinder Recirculation Model (CRM) is expected to create not less than 4,500 jobs, the National Petroleum Authority has indicated. With the first bottling plant expected to be operational this year, the CRM will provide opportunities for new players to join the value chain in the distribution of LPG in the country, […]
The National Petroleum Authority (NPA) has picked up the award for Best Quality Leadership 2018 in Las Vegas. The Award was conferred on the Authority and its Chief Executive Officer, Hassan Tampuli by the European Society for Quality Research at a convention. The convention is said to be for innovative initiatives that are driving service […]
