Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, says the state must rethink its sudden crackdown on black market forex dealers because the action is already distorting rates and hindering efforts to stabilise fuel prices. He said the task force swoops are creating unintended shocks. Speaking on PM Express Business Edition, he...
Category: News
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Fuel prices set to drop for Christmas – Oil Marketers Board Chair assures
Board Chairman of the Chamber of Oil Marketing Companies, Gabriel Kumi, says Ghanaians should expect cheaper fuel this Christmas as global product prices continue to fal He says the indicators already point to clear reductions across petrol, diesel and LPG, and consumers will feel the relief from mid-December. Speaking on PM Express Business Edition, he...
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ACEP Fellow Says Victimisation Concerns Hindering Youth Whistleblowing Efforts
Fiscal Accountability Fellow at the Africa Centre for Energy Policy (ACEP), Maltiti Mohammed, has raised concerns over the growing reluctance of young professionals in Ghana’s energy sector to report suspected financial irregularities or impropriety due to fears of victimisation and job insecurity. Speaking during the NorvanReports, Economic Governance Platform (EGP) and Ghana Anti-Corruption Coalition (GACC)...
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Dangote receives second Ghana crude cargo — Report
The Dangote Petroleum Refinery has taken delivery of its second-ever crude cargo from Ghana, a move that coincides with a sharp reduction in its purchases from Europe as the plant adjusts its slate ahead of major maintenance. Industry tracking data showed that the latest shipment, carrying Ghana’s Sankofa grade, arrived in November, the second time...
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Industry Titans Gather as NPA Hosts 2025 Downstream CEOs Breakfast Forum.
The National Petroleum Authority (NPA), in collaboration with the chamber of oil marketing companies (COMAC), the Chamber of Bulk Oil Distributors (CBOD), and other leading industry stakeholders, convened the 2025 Downstream CEOs Breakfast Meeting today. The event brought together chief executives and top decision-makers to deliberate on the evolving landscape of Ghana’s downstream petroleum sector....
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KNUST, Yinson and Petroleum Commission inaugurate Ghana’s first Net-Zero Carbon Emissions Lab
The Kwame Nkrumah University of Science and Technology (KNUST), Yinson Production West Africa Limited (Yinson), and the Petroleum Commission (PC) have commissioned the Net-Zero Carbon Emission Lab (NCEL), Ghana’s first specialised centre dedicated to scientific carbon measurement, emissions modelling, advanced decarbonisation research and industry-focused training. The lab, situated at the College of Engineering, forms part...
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CBOD Urges Corporate Ghana to Broaden ESG Initiatives to Support Vulnerable Groups
The Chamber of Bulk Oil Distributors (CBOD) is urging corporate organisations to expand and diversify their Environmental, Social, and Governance (ESG) initiatives to ensure that vulnerable and marginalised groups benefit more meaningfully from social investment programmes nationwide. This call was made by the Chief Executive of CBOD, Dr. Patrick Ofori, during the commissioning of a...
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TOR MD Reveals Deep Financial Crisis Inherited from Previous Administration, Highlights Strong Recovery Efforts
The Managing Director of the Tema Oil Refinery (TOR), Edmond Kombat Esq., has revealed that the state refinery inherited a severe financial and operational crisis created under the Akufo-Addo–led New Patriotic Party (NPP) administration. Despite the daunting situation, he says TOR is now firmly on a path to recovery.Speaking at a capacity-building workshop in Tema...
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Shell facing first UK legal claim over climate impacts of fossil fuels
Victims of a deadly typhoon in the Philippines have filed a legal claim against oil and gas company Shell in the UK courts, seeking compensation for what they say is the company’s role in making the storm more severe. Around 400 people were killed, and millions of homes were damaged when Typhoon Rai slammed into...
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ACEP and Solar Taxi Pursue Green Energy Technology Capacity Development
ACEP and SolarTaxi have officially signed an MoU to launch the Green Energy Technology Capacity Development Program (GET-CADEP)—a transformative initiative designed to equip young African women with practical green skills for the future of work to begin next year. As the world accelerates toward cleaner, technology-driven energy systems, green skills have become essential for competitiveness,...