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All Industry Updates

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

News

Petroleum hedging starts Sept. 1

The government will from September 1, 2014 introduce quarterly hedging as a measure to avoid...
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Fuel shortage: BDCs blame banks for payment delays

Fears of an imminent shortage of petroleum products have heightened as the impasse between Bulk...
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Gov’t releases 34 million litres of diesel

The Energy Ministry says it has released 34 million litres of diesel for onward distribution...
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BDCs deny importing sub-standard products

The Chamber of Bulk Oil Distribution Companies (BDCs) has denied reports that it imports inferior...
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25 Trucks of premix fuel head for coastal regions following release by TOR

The Tema Oil Refinery (TOR) yesterday released 2,300 tonnes of premix fuel to help avert...
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TOR to release 2,300 tonnes premix

The Tema Oil Refinery (TOR), will today release 2,300 metric tonnes of premix fuel to...
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Premix fuel shortage imminent; Stocks to last up to Friday

The cycle of shortage of petroleum products does not appear to end soon, as the...
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Removal of subsidy commendable – BDCs

The country’s Bulk Oil Distribution Companies (BDCs) have welcomed the removal of subsidies on petroleum...
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7 Banks withdraw support for oil imports

Seven out of the 10 key banks which finance oil transactions have pulled out from...
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Fuel situation to normalize by July ending – BDCs

The Chief Executive Officer of the Chamber of Bulk Oil Distributors, Senyo Horsi has assured...
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NPA, BDCs call for debate on fuel subsidies

Two entities are calling for the reopening of debate to scrap subsidies on fuel. According...
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Mahama deserves no thanks – Casely-Hayford

Financial Analyst, Sydney Casely-Hayford has criticized the Chief Executive Officer (CEO) of the Bulk Oil...