Business
Subsidising petroleum products only way to reduce price hikes – NPA
The National Petroleum Authority (NPA) has stated that the only way to mitigate the consistent rise in the prices of petroleum products is to introduce subsidies. Abass Tasunti, Head of Economic Regulation at the National Petroleum Authority (NPA), said on The Big Issue on Citi FM and Citi TV on Saturday, April 20, that it is […]
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Business
Subsidies are key to mitigating petroleum price escalation – NPA
The National Petroleum Authority (NPA) has stated that the only way to mitigate the consistent rise in the prices of petroleum products is to introduce subsidies. Abass Tasunti, Head of Economic Regulation at the National Petroleum Authority (NPA), said on The Big Issue on Citi FM and Citi TV on Saturday, April 20, that it is […]
The post Subsidies are key to
Business
Fuel price hikes: Strengthening Cedi must be top priority – COPEC
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC) has urged the government to focus on strengthening the Cedi to ensure a reduction in the prices of petroleum products. Prices of petroleum products have been on a free fall in the past weeks and further worsened with the reversal of the suspension of the […]
The post Fuel price hikes: Strengthening
Headlines
I dare Bawumia to name a successful policy he initiated – Joseph Amoah
A member of the Movement for Change, Joseph Amoah, has issued a challenge to Vice President and Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, to name a single successful policy that he has initiated. In an interview with Kojo Marfo on AbusuaNkommo at ABUSUA965FM, Amoah expressed his skepticism about Bawumia’s ability to […]
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Headlines
Giving priority to local suppliers; a Tullow story
It might sound cliche but not at Tullow Ghana. The phrase, ‘local content’ has come to mean the very heart of how it conducts its business. As main operator of Ghana’s two main oil fields – Jubilee and TEN – Tullow has a responsibility to harness the oil and gas resources available to the country […]
The post Giving priority to local suppliers;
News
Alleged sale of TOR to Sentuo: ASEPA demands clarity on relationship between two refineries
The Alliance for Social Equity and Public Accountability (ASEPA) is demanding clarity on the relationship between the Tema Oil Refinery (TOR) and Sentuo Oil Refinery. The Alliance wants Managements of the two refineries to make it clear to the public, if the state-owned refinery has been sold to Sentuo, the Chinese-owned company. ASEPA’s request stems […]
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Featured
Fire Service probes cause of YWCA Palm Oil Factory fire
The Bunso fire station of the Ghana National Fire Service has commenced investigations into the cause of fire that ravaged the 31st Young Women Christian Association (YWCA) Palm Oil Factory at Akyem New Tafo in the Abuakwa North Municipality of the Eastern Region. The cause of the devastating fire which is not readily known according […]
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Featured
Fuel prices cross 14 Cedis per litre, the highest in 14 months
Petroleum consumers in Ghana are expected to pay more for fuel following the decision by the National Petroleum Authority (NPA) to suspend the Price Stabilization and Recovery Levy on petroleum products. In a directive dated April 3, 2024, and distributed to various stakeholders within the oil marketing and distribution sector, the NPA instructed the application […]
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Featured
Fuel prices likely to be maintained in April first pricing window – COPEC
Prices of fuel at the pumps across the country are projected to be maintained in the first pricing window in April 2024. Projections for April’s first pricing window made by the Chamber of Petroleum Consumers (COPEC) is pegging a litre of petrol at GH¢13.41, “baring any universal changes in Petroleum prices of $874.09/MT for petrol […]
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Business
Increased TOR board members adding to financial burden – COPEC chastises Akufo-Addo
The Chamber of Petroleum Consumers (COPEC) has expressed concerns about the recent increase in the number of the reconstituted Tema Oil Refinery Board. President Akufo-Addo, in a letter dated March 18 and under the hand of Nana Bediatuo Asante, Secretary to the president, announced the reconstitution of the board of the Tema Oil Refinery (TOR) […]
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Business
Ghana’s Oil & Gas Transforming With Vision, Action
Opoku-Ahweneeh Danquah In a bold departure from traditional norms, Opoku-Ahweneeh Danquah, the Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), is redefining leadership within the public
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Sports
GFA, GOIL Fuel Women Football
Kurt Okraku GOIL fuel support for all 20 Women Premier League Clubs for the 2023/24 Malta Guinness Women’s Premier League season has been loaded onto the Goil GOCard of
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The post GFA, GOIL Fuel Women Football appeared first on DailyGuide
Business
Joint task force seizes over 1,000 smuggled vegetable oil
In a collaborative effort, a joint task force involving the Tree Crop Development Authority, the Oil Palm Development Association of Ghana, the Customs Division of the Ghana Revenue Authority, and National Security successfully seized over 1,000 units of 25 litres of vegetable oil suspected to be smuggled. The operation took place at a warehouse located […]
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Headlines
Effect of fluctuating crude oil prices on human development
By Abdallah ABDUL-MUMUNI (Dr) Ghana’s economic landscape has changed dramatically since the early 2010s, when oil reserves were discovered off its coast. However, the journey towards harnessing this newfound economic resource has been confronted with challenges, key among them being the volatile nature of international crude oil prices. In this article, we delve into the […]
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Featured
Taskforce cracks down on smuggled vegetable oil in Accra markets
A taskforce comprising the Tree Crop Development Authority, the Oil Palm Development Association of Ghana, the Customs Division of the Ghana Revenue Authority, and National Security, on Tuesday, February 27, 2024, embarked on an exercise to crack down on smuggled vegetable oil on the Ghanaian market. During a swoop, eight shops were ordered to cease […]
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