Dangote Refinery has emerged as the hub of fuel distribution in Nigeria, following bold strategic adjustments aimed at making energy more affordable and accessible. The refinery recently announced a significant reduction in the pump price of Premium Motor Spirit (PMS) to ₦699 per litre, alongside a drastic cut in the minimum purchase requirement from 2...
Day: December 20, 2025
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Market leader Star Oil drops fuel prices with petrol selling at GH¢10.97 and diesel at GH¢11.79
Market leader Star Oil has cut prices across its petroleum products at selected service stations nationwide. A litre of petrol has been reduced from GH¢11.97 as quoted on November 18, 2025, to GH¢10.97. Diesel has also seen a price cut, dropping from GH¢12.74 to GH¢11.79 per litre. These prices apply to selected outlets as part...
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Africa’s Leading Crude Producers Struggle to Find Buyers Amid Global Oversupply
West African crude oil producers are struggling to find buyers for December and January cargoes amid rising competition from cheaper, more readily available alternative supplies. Analysts say the glut of unsold Nigerian and Angolan crude reflects a broader global oversupply that has weighed on international markets. Brent crude dropped below $60 per barrel this week,...
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GCMC’S PARTICIPATION IN THE 2025 ENERGY SECTOR AGENCIES PERFORMANCE REVIEW RETREAT
The Ministry of Energy and Green Transition convened a performance review meeting for all sector agencies, providing a valuable platform to reflect on past progress, assess current performance and challenges, and propose practical solutions as we look ahead to 2026. Ghana Cylinder Manufacturing Company Limited (GCMC) actively participated in the review and highlighted our continued...