Oil Shortage Looms Over ‘Unhealthy’ Rivalry
Consumers is likely to suffer an oil and gas shortage due to what the Ghana Chamber of Bulk Oil Distributors (CBOD) has termed “unhealthy competition” amongst Bulk Distribution Companies (BDCs) and commercial banks. The unhealthy competition has reportedly resulted in the average BDC premiums falling from $ 66.60/mt to $65.75/mt for gasoline and $64.12/mt to […]
Let’s Start Scoring Time In Schools, Workplaces To Increase Productivity ― Senyo Hosi
The Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors (CBOD) Senyo Hosi has bemoaned the culture of lateness in the country. He said the canker which has become an acceptable norm in our societal life has set the country in a fast retrogressive manner towards productivity. Senyo Hosi indicated that time has […]
Petroleum Workers Want Fuel Prices Reduced
The General Transport, Petroleum and Chemical Workers Union (GTPCWU), want a reduction in the price of fuel to help ease the cost of living of Ghanaian workers. According to the national secretariat of the union in a statement issued recently, the frequent unannounced fuel price hikes were dealing hefty blows to the pockets of workers, whose salaries […]
IMO To Enforce New Global Regulation On Sulphur Cap In 2020
The International Maritime Organization, IMO says it will enforce a new 0.5% global Sulphur Cap on fuel content from 1st January, 2020. According to the IMO, Sulphur in gasoline impairs the effectiveness of emission control systems and contributes to air pollution hence the enforcement of the new 0.5% global Sulphur Cap on fuel content will […]
Fuel Prices To Go High Again – IES predicts
The Institute of Energy Security (IES) has predicted a further increase in petroleum prices in the coming days. This prediction follows attacks on critical oil facilities in Saudi Arabia over the weekend. According to the IES, the situation is likely to cause a shortage of oil on the world market, thereby leading to a hike […]
OPEC struggling to prove it can still arrest oil price declines
OPEC is under intensifying pressure to show it still has the power to reverse a slide in oil prices, according to RBC Capital Market’s Helima Croft. The Middle East-dominated producer group has struggled to shore up crude futures this year, amid a deteriorating outlook for global growth and a protracted trade dispute between the U.S. […]
Petroleum prices increased as OMCs apply revised energy sector levies
Prices of various petroleum products have started going up from Monday after the Oil Marketing Companies (OMCs) were directed by the National Petroleum Authority (NPA) to start applying revised Energy Sector Levies. The NPA’s directive is as announced in the Supplementary Budget presented by the Finance Minister, Ken Ofori-Attah. Based on the revision petrol would witness […]
Ghana Energy Awards opens nominations
The Ghana Energy Awards (GEA) has opened nominations for the third edition of the national Energy Awards under the theme “Energy, the Key to a Sustainable Economy for Industrialisation,” in Accra. Dr Lawrence Tetteh, world renowned Evangelist, officially declared nominations open for the 2019 Ghana Energy Awards. The Awards Scheme broadly aims to recognise the […]
Blue Ocean Wins Best Safety Company Award
Ghana’s leading Bulk Distributor of Petroleum Products, Blue Ocean Investments Limited, has been crowned the overall HSSE Company of the Year at the 2019 Health, Environment, Safety and Security (HESS) Awards held in Accra. In addition, the company has also seized the award for the HSSE Team of the Year 2019. Organised by IanMatSun Global […]
Senyo Hosi To Speak At 2019 Ghana Day Offshore Technology Conference In Houston
The Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors (CBOD), Mr Senyo Hosi will speak at this year’s Ghana Day-Offshore Technology Conference (OTC) slated for Wednesday, May 8 in Houston, Texas. Mr Hosi will join renowned experts local and international —a high level discussion on Ghana’s petroleum sector under the theme, ”Developing Local Capability […]
