Gold4oil policy not responsible for manganese-laden fuel – BOST
The Bulk Oil Storage and Transportation Company Limited has rejected claims of importing manganese-laden fuel under the government’s Gold-for-Oil Policy. Recent reports have suggested that the importation of manganese-laden gasoline into the market under the Gold-for-Oil policy is to blame for the underperformance of vehicles. However, in a statement issued on Monday, November 27, BOST […]
Petrosol adjudged Brand of the Year 2023 at Ghana Energy Awards
Petrosol, a leading Ghanaian Oil Marketing Company (OMC), was adjudged Brand of the Year 2023 at the Ghana Energy Awards, held recently in Accra. The event had President Nana Addo Dankwa Akufo-Addo, as the Special Guest of Honour. The Ghana Energy Awards recognises companies and individuals in the entire energy sector who exhibit excellence in […]
NPA cracks down on illegal ‘Gao Gao’ fuel stations in Upper East Region
The Upper East Regional office of the National Petroleum Authority (NPA) has embarked on an exercise to clamp down on 16 illegal reseller outlets popularly known as ‘gao gao’ in the region. The region had observed an alarming proliferation of these reseller outlets in areas such as Pelungu, Duusi, Gbane Shiega, Tongo, Gaare, Chuchuliga, Bolga […]
Petroleum tanker drivers resume work after suspension of strike
Business operations have resumed at various petrol and gas depots along the Volta Aluminum Company (VALCO) Kpong road in Tema. A tour at different loading terminals including Tema Oil Refinery, Fuel Trade and Chase was busy with the tanker drivers queueing to fill their tanks. The operations come after government through the Ministry of Roads […]
Petroleum tanker drivers declare nationwide strike
The Ghana National Petroleum Drivers Union and the Gas Tanker Drivers Union declared an indefinite sit down industrial action nationwide yesterday. It claimed that the strike was necessary due to the unmotorable nature of their roads from the GTP roundabout at Community 4 in Tema, in the Greater Accra Region, linking the Tema Oil Refinery […]
Association of Oil Marketing Companies promotes safety awareness with 6th annual safety week celebrations
The Association of Oil Marketing Companies (AOMC) has launched its highly anticipated 6th AOMC Safety Week Celebrations, aiming to educate and reinforce the importance of maintaining and enhancing safety precautions in operational stations within the downstream petroleum industry. The event seeks to serve as a reminder to industry players about their obligation to prioritize human […]
Increasing Ghana’s Oil and Gas reserves is my priority – GNPC CEO
Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC) Opoku-Ahweneeh Danquah has said, he remains committed in building and sustaining a robust state petroleum entity and won’t be distracted by few dissenting elements within the system. His statement was in a response to a question that he was asked regarding a series of alleged […]
Energy Minister scheduled to speak on Ghana’s near-term opportunities at NAEPEC 2023
The Energy Minister, Dr Matthew Opoku Prempeh participating for the first time in the North Africa & Europe Energy & Hydrogen Exhibition & Conference (NAEPEC). The Conference is organised at the Fira Barcelona, Gran Via, Barcelona, Spain from the 13-17 March, 2023. Dr. Prempeh will be speaking on Monday, March 13, as a keynote speaker […]
We’ll keenly monitor every step in ‘Gold4Oil’ chain – Opoku Prempeh assures
Energy Minister, Dr Matthew Opoku Prempeh has assured that his ministry will keenly monitor every step in the Gold for Oil programme value chain from the ship that brings the oil, through delivery to the BDCs, to the OMCs and to the pumps. This, according to Dr Opoku Prempeh will ensure that the purposes for […]
Come clean on gold-for-oil ‘fiasco’ – COPEC to govt
The Executive Secretary of the Chamber of Petroleum Consumers Ghana (COPEC), Duncan Amoah, is charging government to spell out the nitty-gritty of the gold-for-oil policy to Ghanaians. He said the policy seems dead on arrival because the oil delivered seems not to have any impact on pump prices as they keep increasing. His call comes […]