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 […]
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 […]
