Petrol theft has surged by 62% compared with a year ago, according to new figures compiled for the BBC, with one forecourt owner saying drive-offs are costing him £2,000 a week across his five sites. The data from fuel theft recovery company Pay My Fuel comes as petrol and diesel retailers say their staff have […]
Some Oil Marketing Companies (OMCs) have moved to reduce fuel prices at the pumps again, with Star Oil this morning selling a litre of petrol at GH¢10.36 and diesel at GH¢11.36 at selected outlets across the country. These prices, however, are based on Star Oil’s discounted pricing policy, which applies to some of its service […]
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 […]
Some Oil Marketing Companies (OMCs) have begun reviewing prices of petroleum products downwards at the pumps from today. The expected price reduction should have commenced from last Saturday, April 1, 2023. GOIL is selling a litre of petrol at ¢12.65 and diesel for ¢12.84 pesewas respectively. Also, Star Oil is selling a litre of petrol […]
Prices of petroleum products are expected to fall significantly beginning this Friday, December 16, 2022, the Institute for Energy Security (IES) has projected. According to IES, the expected price drops would be significant due to the 6.60% appreciation of the cedi against the US dollar. It said the new prices will fall to about ¢13 […]
Oil marketing giant, GOIL has reduced its petrol price by a margin of 10 percent. The reduction comes as the two weeks partial lockdown of Kumasi, Accra, Tema, due to the outbreak of coronavirus enters its fourth day. The reduction is taking effect at all its pumps with Diesel XP now selling at GHC4.32 and […]
