Interdict BOST Head
Minority Caucus in Parliament has called for the immediate interdiction of the Chief Executive Officer (CEO) of the Bulk Oil Storage and Transportation (BOST) Company, Mr. Alfred Obeng Boateng, over...
Tag: oil
Companies In ‘suspicious’ Contaminated Fuel Sale Unlicensed – NPA
The National Petroleum Authority, (NPA), has confirmed that the two companies alleged to have purchased the over the sale of 5 million litres of contaminated fuel under suspicious circumstances from...
Next America’s Cup Taking Shape As Kiwis Take ‘Auld Mug’ Home
Team New Zealand will "do the right thing" in formulating the next America's Cup, chief executive Grant Dalton vowed after the Kiwis' stunning victory over Team USA plunged the sailing world into...
Interdict BOST Director Over Sale of Contaminated Fuel – Minority
The Minority in Parliament has called for the immediate interdiction of the Managing Director of the Bulk Oil Storage and Transportation (BOST)Company, Alfred Obeng Boateng, over the sale of 5...
‘Soros Wanted To Topple E.Guinea Leader,’ UK Mercenary Tells Paris…
Former British mercenary Simon Mann, who led a failed 2004 coup in Equatorial Guinea, has accused US billionaire George Soros of since plotting to overthrow its president, in testimony at a...
BOST CEO Must Allow Probe Into Contaminated Fuel Sale
The Africa Centre for Energy Policy (ACEP), has called on the Chief Executive Officer of the Bulk Oil Storage and Transportation Company Limited (BOST), Alfred Obeng, to step aside for a full-scale...
Falling Aircraft Sales Prompt Dip In May US Durable Goods Orders
New orders for big-ticket US manufactured goods fell for the second month in a row in May, recording their biggest drop in six months, the Commerce Department reported Monday. The continued slowdown...
China To Release Remainder of CDB $3bn Loan
Vice President, Dr. Mahamadu Bawumia, has revealed that the Chinese government will release the remainder of the $3 billion China Development Bank (CDB) loan it withheld. Dr. Bawumia was addressing...
Chad Leader Says Glencore Oil Contract Was Irresponsible
Chad President Idriss Deby said Sunday his country had been "irresponsible" in striking oil for cash deals with Swiss commodities giant Glencore, given the subsequent slump in crude prices "We...
Pakistan Oil Tanker Inferno Kills At Least 123
At least 123 people were killed when a lorry transporting oil burst into flames near the Pakistani city of Ahmedpur East, local officials say. A crowd had gathered reportedly to collect fuel leaking...
Karpowership Ghana Makes Donation To Muslim Households
Karpowership Ghana Company Limited, has made donations to about 200 Muslim households in the Tema New Town Community, as part of its activities to celebrate this year’s Eid-ul-Fitr. The donation...
PIAC Seeks Insurance Against Volatile Oil Prices
Public Interest and Accountability Committee (PIAC) wants government to consider hedging a portion of Ghana’s share of crude oil exports. Although the committee is recommending this to cushion the...
Oil Revenue Not Understated — GNPC
The Ghana National Petroleum Company (GNPC) has denied allegations made by the Public Interest and Accountability Committee (PIAC) that oil revenues were understated in 2016, arguing that, monitoring...
Is Farming In Ghana Punishment?
It is predictable that if you asked a lower primary kid to draw a hard worker; he or she would draw a farmer. Ask them to draw the most important worker; many children would draw a farmer. Ask...
GDCA, Partners To Establish Soya Bean Factories In Northern Region
Ahead of government’s implementation of the much touted one-district-one-factory policy, the Ghana Developing Communities Association (GDCA), in partnership with the Community Livelihood...
Possible Price Drop In Commodity-Based Stocks In the Short Term
Continuous dip in some key commodity prices on the world market is likely to impact the output of certain commodity-bound listed companies on the Ghana Stock Exchange. The world price of Crude Oil...
Asia Markets End Week On Quiet Note As US Healthcare Bill Returns
Asian markets limped into the weekend, with energy firms still struggling after a bruising few days, while investors eye Donald Trump's revised healthcare bill hoping its success will open the way...
BOST Defends Sale of ‘contaminated’ Fuel To Oil Company
The Bulk Oil Storage and Transportation Company (BOST) has defended its decision to sell off contaminated or off-spec product to oil company, Movenpiina. Documents sighted by Citi Business News...
Anger In Nigeria’s South Over Oil Spill Clean-Up Delay
Under a leaden sky in oil-rich southern Nigeria, young men hang around with nothing to do, covering their noses from the noxious fumes of the polluted swamp. The sight in Bodo, some 40 kilometres (25...
Ghana Has Not Benefited From Oil Find – GIGS Cries Foul
The Ghana Institute of Governance and Security (GIGS) claims the country has not benefited enough from its oil find, 10 years on. Speaking to Johnnie Hughes on Late Edition on 3FM 92.7 to...