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 […]
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Transport Ministry has no power to determine fares – COPEC
The Chamber of Petroleum Consumers (COPEC) has chided the Ministry of Transport over its directive to the Ghana Police Service regarding the implementation of new fares. The Ministry, on Monday, April 15, directed the Ghana Police Service to be on the lookout for commercial drivers who are charging fares exceeding the approved rates. Executive Secretary […]
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Fuel price will exceed GH¢17 soon – COPEC
Duncan Amoah, the Executive Secretary of the Chamber of Petroleum Consumers (COPEC), has predicted that the price of fuel will soon surpass GH¢16 or GH¢17. This follows Nana Amoasi VII, the Executive Director of the Institute for Energy Security (IES), forecasting a significant rise in fuel prices in the coming weeks during an interview on […]
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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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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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Afenyo-Markin’s comments against Jane Opoku-Agyemang myopic – COPEC’s Research Head
Paul Eric Ofori, the Head of Research at the Chamber of Petroleum Consumers (COPEC), has described Alexander Afenyo-Markin’s comments against the National Democratic Congress (NDC) running mate, Professor Naana Jane Opoku-Agyemang, as unfortunate and myopic. The Majority Leader said in Parliament on Monday, March, 11, that the selection of Professor Naana Jane Opoku-Agyemang, a woman […]
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Afenyo-Markin’s comment on Prof. Opoku-Agyemang’s age myopic – COPEC’s Research Head
Paul Eric Ofori, the Head of Research at the Chamber of Petroleum Consumers (COPEC), has described Alexander Afenyo-Markin’s comments against the National Democratic Congress (NDC) running mate, Professor Naana Jane Opoku-Agyemang, as unfortunate and myopic. The Majority Leader said in Parliament on Monday, March, 11, that the selection of Professor Naana Jane Opoku-Agyemang, a woman […]
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COPEC, IES want Sentuo Oil Refinery shut down and investigated by OSP
The Chamber of Petroleum Consumers (COPEC) and the Institute for Energy Security (IES) have urged the National Petroleum Authority (NPA) to shut down the Chinese Sentuo Oil Refinery over alleged illegal operations. COPEC and IES, in a statement on February 21, 2024, raised concerns about the refinery operating without the appropriate permit from the NPA […]
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