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 […]
Ghana paid cash for 40,000 tons of oil instead of gold – Egyapa Mercer confirms
The deputy Energy Minister, Andrew Egyapa Mercer, has confirmed that the initial consignment of 40,000 tons of oil brought into the country under the Gold-for-oil policy was purchased with cash instead of gold. His disclosure comes after several calls by Industry experts such as the Institute of Energy Securities and COPEC for the government to […]
Gold for oil policy will reduce pressure on forex – Bawumia
The Vice President, Dr. Mahamudu Bawumia is confident that the gold for oil policy will reduce the pressure on forex and also present the country with cheaper fuel. The government took delivery of 40,000 metric tons of the first consignment of the gold for oil deal on Monday. Many have, however, raised concerns about the […]
NPA directs OMCs to increase UPPF and BOST margin on fuel effective Dec. 1
The National Petroleum Authority (NPA) has directed Oil Marketing Companies and other industry players to increase the Unified Petroleum Price Fund (UPPF) and Bost margin on fuel effective December 1. A November 30 memo sent to the Oil Marketing Companies indicated that the firms were all to review the BOST Margin in their Price Build […]
Xpress Gas connects Afram Plains to Liquefied Petroleum Gas network
Xpress Gas, a leading Ghanaian LPG marketing company in Ghana has launched a Liquefied Petroleum Gas (LPG) delivery and point of sale (POS) innovation in the Kwahu Afram Plains Districts of Ghana. The LPG point of sale, which is the first of its kind, in the Afram Plains is aimed at directly connecting LPG users […]
AOMC Mark’s 5th Annual Safety Week with A Call For Members to Prioritize Safety
Over the years, the country has experienced a number of accidents that claimed lives and property with the majority of them happening in the capital, Accra. Notably among the accidents include; the June 3, 2015 floods and fuel station explosion in which, over 150 lives were snuffed out in the most horrifying circumstances. Another accident […]
AOMC Board Meets the Minister for Energy, Dr. Matthew Opoku Prempeh
As part of the wider industry familiarization, the Board of Governors of the Association of Oil Marketing Companies (AOMC) called on the Honourable Minister for Energy, Dr. Matthew Opoku Prempeh at his office. It was an opportunity for the AOMC to introduce the Newly Constituted Board to the Minister as key partners of our collective […]
AOMC Schools OMCs and LPGMCs on Industry Human Resource Professional and Legal Compliance
The AOMC, as part of its efforts to promote best practices and standards in Human Resource Management for its members, organized a two (2) day Human Resource Professional and Legal Compliance training. The training was held on Tuesday, 22nd & Wednesday, 23rd February 2022 at the GIMPA Executive Center. The training program was aimed at […]