cbodghana

Fuel Prices Increase By 9pesewas

Prices of fuel have seen a slight increment of about 9 Ghana Pesewas at the various fuel stations. The increase in price has been met with mixed reactions from some commercial drivers as they lamented that the high price of the commodity is unbearable. While some were ready to pass the burden to the consumer, […]

Private Enterprises Foundation (PEF) holds Annual Delegates Assembly Meeting

The Private Enterprises Foundation (PEF) has held its Annual Delegates Assembly Meeting in Accra. The delegates assembly agreed to have broader discussions about its having a re-look at the Local Content agenda for members and reviewing the constitution to reflect current trends. The delegates also accepted to increase the auditor’s fee after accepting the financial […]

CBOD visits Springfield E&P oil rig following historical oil discovery offshore Ghana

Springfield Exploration and Production, a subsidiary of the Springfield Group – a major Ghanaian energy company, has made significant discoveries in the history of Ghana’s oil exploration. Springfield E&P made new oil discoveries offshore Ghana from its maiden Afina-1 Well drilled in the West Cape three points Block 2. The find has overtaken the Jubilee […]

Ghana: GNPC Must Shift Focus On Greener Energy – Alex Mould

An oil and gas expert in the Republic of Ghana, Mr Alex Mould has advised that, for the survival as well as the future of Ghana’s energy security, Ghana National Petroleum Corporation (GNPC) must transition from an oil company to an integrated energy company. Alex Mould, who is a former CEO of GNPC, is suggesting […]

Nigeria: Corrupt Oil Minister’s Confiscated Jewelry To Be Sold For $40 Million

Nigeria expects to retain international auction houses to have US$40 million worth of jewelry, which was seized from a former oil minister accused of corruption, sold. The Economic and Financial Crime Commission (EFCC) of Nigeria has secured an asset forfeiture order from a top federal court in the country to sell the jewelry seized from […]

Ghana: GNPC Must Be Investigated For Dissipating Our Oil Money-COPEC

The Chamber of Petroleum Consumers, a consumer advocacy group in the Republic of Ghana, is calling on the President of the West African nation, His Excellency Nana Akufo-Addo, to, as a matter of urgency, initiate investigations into the processes leading to what it described as wanton dissipation of the taxpayers’ monies by the country’s national […]