News

His Excellency Dr. Mohammed Amin Adam, Deputy Minister (Petroleum), Ghana, and Alhassan Tampuli, Chief Executive Officer, National Petroleum Authority (NPA) will participate in on stage interviews at the Argus West Africa LPG conference and exhibition on 9 – 10 May in Accra, Ghana. The event is official endorsed by the Ministry of Energy with the […]

We have observed with utmost concern a news item on the various media channels to the effect that OMCs have been diverting premix fuel meant for fisher folks at their respective landing beaches. The over generalization and absolute inclusion of all OMCs especially those doing genuine business in this canker, warrant the following reaction; 1. The […]

The Association of Oil Marketing Companies (AOMCS) has wrapped up the 2017 Petroleum Fun Games with outstanding performance from Kabore Oil Limited sweeping five trophies and one first runner up trophy as well. Kabore took away the Football, Lime and Spoon, Ludo, Draught trophies as well as the first runner up trophy for the Playing […]

Petrosol, a solely Ghanaian-owned Oil Marketing Company(OMC) operating more than 70 fuel stations has been adjudged the fastest growing OMC in the country by the Chamber of Petroleum Consumers (COPEC). The OMC’s Marketing Manager, Akwesi Zigah was awarded the Best Marketing Personnel while Florence Nyarko also won Overall Best Pump Attendant for Petrosol. Receiving the […]

Accra, April 26, GNA – Scores of Oil Marketing Companies (OMCs) on Wednesday called on the National Security to tighten the noose around Petroleum Black Market dealers whose infiltration into the sector posed a great risk to the national economy. Mr Henry Akwaboah, Managing Director of Engen Ghana Limited told the Ghana News Agency in […]

The National Petroleum Authority (NPA) has disclosed that Ghana loses about 850 million cedis annually in taxes, due to the increased activities of fuel smugglers into and out of the country. The illegal act is said to involve operators who ply their business at the ports by fuelling tanks with fuel products brought into the […]

The Association of Oil Marketing Companies (AOMCs) has lauded government’s effort to instilling discipline in downstream oil marketing sector and to ward-off infiltrators whose nefarious activities cause the nation to lose millions of cedis in tax revenue. The government lost revenue in excess of $500 million in 2016 through the illegal activities of Petroleum Black […]

Contrary to the perception that local companies did not have the capacity to insure any of the three Floating Production, Storage and Offloading (FPSOs) used in oil production, the Ghana Oil and Gas Insurance Pool (GOGIP) says it is up to the task. The Pool, comprising of indigenous general insurers, explains that it currently provides […]