Blog
Latest News
Ghana Oil & Gas Awards: Full list of 2022 winners The 9th edition of the Ghana Oil and Gas Awards (GOGA), on Friday, December 9, 2022, announced its winners at the Kempinski Gold Coast Hotel in Accra. The prestigious event organized by Xodus Communications Limited in Partnership with the Ministry of Energy and Graphic News…
[ CONTINUE READING ]
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…
[ CONTINUE READING ]
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…
[ CONTINUE READING ]
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…
[ CONTINUE READING ]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…
[ CONTINUE READING ]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…
[ CONTINUE READING ]
AOMC Press Release Clarity On Purported Removal of The Price Stabilisation and Recovery Levy on Petrol and Diesel The AOMC View
Our attention has been drawn to some publications purporting that the two-month removal of the price stabilisation and recovery levy would lead to a reduction in fuel prices in the next pricing window. The Association of Oil Marketing Companies (AOMC) would like to react as follows: The current pricing window ends today Friday, 15th October…
[ CONTINUE READING ]
Fuel prices expected to increase from October, 16
The Association of Oil Marketing Companies (AOMC) and the National Petroleum Authority (NPA) have indicated that prices of fuel will be adjusted upwards by at least 7 percent at the pumps come Saturday, October 16. Reports in the media revealed that fuel prices would be revised on Friday, but the Chief Executive Officer of the…
[ CONTINUE READING ]
Felix Gyekye, MD Of Glory Oil Is The New Board Chairman Of The Association Of Oil Marketing Companies (AOMC)
At a Board meeting held at the office of the Association of Oil Marketing Companies (AOMC) on 27 July 2021, members of the Board overwhelmingly elected Felix Gyekye, Managing Director of Glory Oil Company Limited as the New Board Chairman. He takes over from Henry Ofori Akwaboah, MD of Engen who is resigning from his…
[ CONTINUE READING ]
Three Deputy Energy Ministers Sworn into Office; Charged to be Loyal to Minister
The President of the Republic of Ghana, Nana Akufo-Addo, has sworn into office 39 deputy ministers including three deputies for the West African nation’s Energy Ministry. The three deputy Energy Ministers are Dr. Mohammed Amin Adam, who also the MP for Karaga Constituency, William Owuraku Aidoo and MP for Afigya Kwabre South and Kofi Egyapa…
[ CONTINUE READING ]
Dr. Mustapha Abdul-Hamid appointed NPA Chief Executive Officer
Dr. Mustapha Abdul-Hamid has been appointed as the new Chief Executive of the National Petroleum Authority (NPA). He is replacing Mr Hassan Tampuli who is now a Member of Parliament for Gushegu and has been designated as a Deputy Minister of Transport. Dr Abdul-Hamid will start work on July 1, 2021. A journalist, academic and…
[ CONTINUE READING ]
PETROSOL Ghana receives triple ISO certification
PETROSOL Ghana Limited has received triple International Organization for Standardization (ISO) certification. These are ISO 9001: 2015–Quality Management System; ISO 14001:2015–Environmental Management System and ISO 45001: 2018–Occupational Health & Safety Management. The Chief Executive Officer of PETROSOL, Mr. Michael Bozumbil, indicated that the certifications are an external endorsement of the company’s tireless efforts over the…
[ CONTINUE READING ]
Recent Fuel Price Increase on Hikes on Global Oil Market – AOMC
The Association of Oil Marketing Companies says the recent increase in fuel prices is due to a hike in the global oil market. Fuel prices at the pumps shot up from GHS6.05 to GHS6.23 over the weekend, an increase that many consumers have expressed concerns over. On the other hand, oil prices on the world…
[ CONTINUE READING ]
AOMC Training in Fuel Station Management for OMCs Class of 2021
The Association of Oil Marketing Companies (AOMC) held the Advanced session of its training in Fuel Station Management for Oil Marketing Companies on 21st – 23rd March 2021. This session marked the second and final part of the series of trainings, structured for Oil Marketing Companies (OMCs) for the year 2021. 50 delegates from respective…
[ CONTINUE READING ]
Association Of Oil Marketing Companies Launches Annual Safety Week (ASWEC21)
The Association of Oil Marketing Companies has launched its fifth annual safety week to educate and remind industry players to keep to their safety measures to make it congenial for their customers. It was also the springboard for them to review their performance in the past two years in the face of the coronavirus pandemic….
[ CONTINUE READING ]
AOMC Launches Petroleum Safety Week (Photos)
The Association of Oil Marketing Companies in the Republic of Ghana has launched the 4th edition of the Annual Petroleum Safety Week with a call on members to prioritise safety in order to prevent accident at their work places. This year’s Safety Week is on the theme: ‘Reinforcing Positive Behaviour At The Workplace To Achieve…
[ CONTINUE READING ]
Ministry Of Energy, Republic Of Ghana And National Petroleum Authority To Share LPG Road Map At Argus West Africa LPG 2018
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…
[ CONTINUE READING ]
Press Statement By The Association Of Oil Marketing Companies (AOMCS) On The Atomic Junction Gas Explosion
Good morning ladies and gentlemen of the Press. On behalf of the Board Chairman of AOMCs, CEOs of OMCs/LPGMs present, we welcome you all to this short but important briefing. As we are all aware, the 7th October 2017 Atomic Junction Gas Explosion will go down in the history books as one nightmarish incident that…
[ CONTINUE READING ]
Response Of Association Of Oil Marketing Companies (AOMCS) On Premix Diversion
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…
[ CONTINUE READING ]
Association Of Oil Marketing Companies PETFUN Games 2017
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…
[ CONTINUE READING ]
Petrosol Wins 3 Awards, Including Fastest Growing OMC In 2016
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…
[ CONTINUE READING ]
Tighten Noose Around Petroleum Black Market Dealers – OMCS
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…
[ CONTINUE READING ]
Illegal Fuel Importers Cost Gh¢850m Loss Annually – NPA
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…
[ CONTINUE READING ]
Black Market Dealers Infiltrate Into Ghana’s Petroleum Sector – AOMC’s
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…
[ CONTINUE READING ]
Oil And Gas Insurance – Local Insurers Up To The Task
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…
[ CONTINUE READING ]