Gas Explosion Kills Man At Dawhenya
A gas explosion at Dawhenya in the Ningo-Prampram District of Greater Accra Region, in the early hours of Tuesday, June 18, has led to the death of a 47-year-old man. The deceased, Anthony Ahiabu, a worker at the Runel Gas Station, was said to be cooking in his room with a domestic gas cylinder at […]
ESLA risks becoming permanent tax – Senyo Hosi
JUST like the National Fiscal Stabilisation Levy (NFSL), which was originally meant to last two years but is now in its 10th year, the Chief Executive Officer of the Chamber of Bulk Oil Distributors (CBOD), Mr Senyo Hosi, fears that the energy sector levies – a temporary measure to resuscitate the energy and the banking […]
ACEP backs calls for removal of some fuel taxes
Energy Think Tank, Africa Centre for Energy Policy (ACEP), has backed calls for the government to bring relief to fuel consumers by scrapping some taxes from the petroleum price build up. Fuel prices crossed the GHc5 per litre mark earlier in the week, giving rise to calls for government to cushion consumers against economic hardship. […]
Amidu turns down request to probe Mahama, Debrah over ‘suspicious’ Ghc40m BOST cash
Special Prosecutor Martin Amidu, has turned down a request to investigate how an amount of Ghc40 million cedis was allegedly transferred from the Bulk Oil Storage and Transportation Company Limited (BOST), to the presidency between August 2015 and early January 2017. The group calling itself the Centre for National Affairs, wanted the Special Prosecutor to […]
Gov’t urged to clear remaining energy sector debt
Government has been urged to issue the second tranche of the energy bond to help clear about 5.3 billion cedis debt in the energy sector. This, they say will restore confidence in both the financial and energy sectors. Government in November last year, sought to raise 6 billion cedis under the first tranche of the […]
Ghana making steady strides to boost power supply – Former Gridco boss
Ghana has made steady strides to overcome the power challenges and restore regular and constant electricity supply to all parts of the country, the former Chief Executive Officer (CEO) of Gridco, William Amuna, has said. “Through our collective effort, we have been able to restore electricity supply to Ghana. Today, we have over 25 percent […]
Protect NPA boss – COPEC
The state must increase the security of the Chief Executive Officer of the National Petroleum Authority (NPA) Alhassan Tampuli in the wake of arrest of some unregistered vessels, Duncan Amoah, Chief Executive Officer of the Chamber of Petroleum Consumers Ghana (COPEC–Ghana) has said. The Ghana Navy in collaboration with the NPA and the Ghana Ports […]
Five oil companies suspended for failing to declare returns
Five oil companies that under-declared or failed to declare returns on fuel they loaded at the Tema Tank Farm (TTF) this year have been suspended by the National Petroleum Authority (NPA) until they are able to reconcile their figures and revert to the NPA for final determination of their cases. They are Union Oil Ghana […]
Oil Prices Head Higher After API Reports Crude Inventory Draw
The American Petroleum Institute (API) reported a draw of 1.047 million barrels of United States crude oil inventories for the week ending April 13, largely in line with analysts who had anticipated a draw in crude oil inventories of 1.429 million barrels. Last week, the American Petroleum Institute (API) reported surprise build of 1.758 million […]
No West African country sells petroleum products cheaper than Ghana – NPA boss
The National Petroleum Authority (NPA) has discounted reports that prices of petroleum products in the country are among the steepest in the sub-region. Hassan Tampuli, Chief Executive Officer of the NPA, also dispelled the notion that the occasional increases in petroleum prices by government – as a means of either recouping subsidy losses and clearing […]
