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All Industry Updates

Stay updated with the latest news and trends in the petroleum industry.

News

12 Banks withdraw support to BDCs

Twelve major commercial banks in the country have decided to not issue letters of credit...
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BOST MD denies leaking BDCs audit report

The Managing Director of the Bulk Oil Storage & Transportation Company Limited (BOST) has denied leaking...
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Dismissed BOST staff re-instated

The Managing Director of the Bulk Oil Storage & Transportation Co. Ltd. (BOST), Kwame Awuah-Darko has disclosed that...
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BOST extorts money from us – BDCs

The chamber of bulk oil distributors (BDC’S) is alleging that the Bulk Oil Storage and...
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BDC saga: I didn’t confess to bribery allegations – Senyo Hosi

The Chief Executive Officer of the Chamber of Bulk Oil Distributors (BDCs) Senyo Hosi has...
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Govt to deregulate petroleum sector

The government has sent strong signals that it will implement the deregulation policy on petroleum...
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Deregulation policy ‘noble’ but ‘unsustainable’ – BDCs

The Chamber of Bulk Distribution Companies (BDCs) has indicated that the government’s decision to deregulate...
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Govt still owes us $552 million— Chamber of Bulk Oil Distributors

The Chamber of Bulk Oil Distributors (CBOD) says although the government has paid GH¢412 million...
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Gov’t considers hedging oil prices

The Finance Minister Seth Terkper has revealed that government has begun discussions over a new...
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Don’t reduce fuel prices — Bulk oil distributors

The Ghana Chamber of Bulk Oil Distributors (CBOD) has appealed to the government to not...
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Ghanaians must endure IMF measures on fuel subsidies – Senyo Horsi

The Chamber of Bulk Oil Distributors is advising Ghanaians to embrace impending International Monetary Fund...
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Oil companies debt of GH¢1bn cause petrol shortage at pumps

The credit lines of most oil marketing companies (OMCs) have been cut as a result...