CBOD launches 2019 petroleum industry report; demands action to clamp down on illegal fuel trade
The Ghana Chamber of Bulk Oil Distributors (CBOD) has launched its 2019 Petroleum Industry report with a call on government to take steps to quickly end the illegal trade in petroleum products in the downstream sector. Addressing a virtual gathering on Zoom to launch the report, the chairperson of the board of the Chamber, Ivy […]
GHC1.9billion lost to petroleum tax evasion in 2019 — CBOD report
The Chamber of Bulk Oil Distributors (CBOD) has revealed that government and the people of Ghana lost GHC1.9billion to tax evasion in 2019. The Chamber blames the losses on a compromised Petroleum Product Marking Scheme (PPMS). Speaking at the virtual launch of the 2019 Ghana Petroleum Industry Report in Accra, Mr Senyo Hosi, the CEO […]
Oil soars to near 14-month high
Oil prices jumped more than $1 a barrel on Friday, hitting their highest levels in nearly 14 months, after OPEC and its allies agreed not to increase supply in April as they await a more substantial recovery in demand amid the coronavirus pandemic. Brent crude futures for May rose to as high as $68 a […]
