BOST Posts ¢32 Million Loss
The decision by the Bulk Oil Storage and Transport Company Limited (BOST) to compete with the private sector in the downstream petroleum products distribution sector has resulted in huge losses for...
Tag: Downstream
BOST Posts GHC32m Loss
The decision by the Bulk Oil Storage and Transport Company Limited (BOST) to compete with the private sector in the downstream petroleum products distribution sector has resulted in huge losses for...
BOST Posts GHc 32m Loss
The decision by the Bulk Oil Storage and Transport Company Limited (BOST) to compete with the private sector in the downstream petroleum products distribution sector has resulted in huge losses for...
TEN Oil Test Run ‘good’ For Sulphur Content Rules – TOR MD
The Tema Oil Refinery (TOR) has disclosed to Citi Business News that its test run of crude oil from the TEN fields should influence any major policy decision on the sulphur specification content for...
Gas Master Plan To Address Infrastructure Gaps
The approval of a Gas Master Plan by Cabinet would address the country’s infrastructure gaps and clarify areas of priority in the power sector, Mr Emmanuel Kofi Armah-Buah, Minister of Petroleum...
Jubilee Field Will Be Main Driver of Growth 2017 – Terkper
Finance Minister, Seth Terkper, has disclosed that the main propeller of growth next year will be the oil and gas sector with the Jubilee oil field expected to take center stage. Oil production in...
Dangote Acquires Gas Processing Company In the Netherlands
In a bid to meet Nigeria’s gas requirements, Dangote industries Limited (DIL) has completed the acquisition of Twister B. V, a company based in the Netherlands. The company delivers reliable,...
Fuel Prices Likely To Go Up Again
The Chamber of Petroleum Consumers Ghana, has forecast a likely 7-13 percent fuel price adjustment beginning Sunday October 16. According to the Chamber, “the decision for cuts in OPEC production...
Ghana Starts Fuel Exports To West African Countries
Ghana has begun supplying gasoline and gas oil to the landlocked countries of Burkina Faso, Niger and Mali from the Bolgatanga Petroleum Depot. The state-owned Bulk Oil Storage and Transportation...
Refining 10ppm Diesel To Cost TOR $120m
The Chief Executive Officer of the Tema Oil Refinery, Kwame Awuah Darko has disclosed to Citi Business News it will cost Ghana about 120 million dollars to re-configure the country’s refinery...
Ghana Will Keep Importing ‘dirty Fuel’ For 3-Years – NPA
Ghana will continue to import toxic fuel said to be containing high levels of sulphur for at least three more years. This is because the country’s oil refinery the Tema Oil Refinery (TOR)is yet to...
Petroleum Commission Touts Gas Production Prospects
The Chief Executive of Petroleum Commission, Mr Theophilus Ahwireng has touted the prospects of the country’s gas production as it is set to produce about 300 million cubic feet of gas daily by...
Government Argues Banks Into Oil and Gas Funding
For the country to achieve its lofty local content goals, the financial services sector, led by the banks, would have to cast off its fear of the risks and huge capital required, and venture into...