CBOD GIVES BACK .
Teachers and students of St Kizito R/C School at Nima were all smiles when staff of the Chamber of Bulk Oil Distributors (CBOD) presented 15 whiteboards and markers worth 4,500 cedis to the school. This social responsibility was done in collaboration with the Wise Water Foundation, a non-governmental organisation, which seeks to champion and support […]
PM Express: Banks ‘likely’ to shutdown if gov’t fails to pay $530m debt to BDCs – Senyo Hosi
The Chief Executive Officer of the Bulk Oil Distribution Companies (BDCs), Senyo Hosi has hinted the debt owed them by the government is likely to result in the shutdown of some banks in the country. The government has over the years been owing the oil distribution companies in the country the total sum of 530 […]
Senyo charges students to think outside the box
The Chief Executive Officer(CEO) of the Chamber of Bulk Oil Distributors(CBOD),Mr Senyo Hosi has charged students to think outside the box and not to rely solely on what they are taught in school.Mr Hosi said this when he was invited to give a lecture at the 2016 Finance Students and Associates(FINSA) Week at the University […]
Consortium bids for re-routed Iraq-Jordan oil export pipeline: source
Iraq’s oil ministry has received a bid from a Jordanian-Chinese consortium to build and operate a 1 million b/d crude oil export pipeline to the Red Sea port of Aqaba, a source close to the project said Wednesday. The project is strategically important to Baghdad, providing an alternative export route to the main Persian Gulf […]
Nigeria unable to trace $16bn of oil money
Nigeria’s state-owned oil company has been accused of failing to pay the government $16bn (£11bn) of revenues in a suspected fraud, officials say. The Nigerian National Petroleum Corporation (NNPC) provided no explanation for the missing funds in 2014, the auditor general told MPs. Oil revenue accounts for two-thirds of the government’s funding. President Muhammadu Buhari […]
Oil price falls as Iran rejects output freeze deal
Oil prices have fallen by nearly 3% after Iran put off plans to join nations proposing a freeze on production. Oil minister Bijan Zanganeh said Iran would only join discussions to cap output after its production reached four million barrels per day. In February, Saudi Arabia struck a deal with Russia and other Opec nations […]
