petroleum

International

Some Pastors Are Corrupt

Former President Olusegun Obasanjo has accused some church leaders in the country of not only encouraging corruption...

Business

Depreciating Cedi Blamed For Increase In Fuel Prices

The fast depreciation of the cedi against major currencies is responsible for the frequent increase in petroleum...

Business

NPA Launches Vehicle Tracking System

Ghana lost an estimated GHC43 million in 2014 as a result of fraudulent practices in the petroleum sector, the Chief...

Top Stories

GOIL Announces Another Reduction In Fuel Prices

CIMG Petroleum Company of the year, GOIL, has taken the lead to reduce its ex-pump prices of petroleum products again,...

Business

NPA Launches Tracking Scheme To Block GHc43m Annual Loss

THE National Petroleum Authority (NPA) says GH¢43million in petroleum profits were stolen by cabals due to the absence...

Business

CBOD, COPEC Want Govt Action Against ‘powerful’ Petroleum Cartel

Revelations that the state lost some $490 million last year to the activities of a petroleum cartel has gotten the...

Business

CBOD, COPEC Want Government Action Against ‘powerful’ Petroleum Cartel

Revelations that the state lost some $490 million last year to the activities of a petroleum cartel has gotten the...

Top Stories

Ghana To Begin Clean Fuel Importation From July 1

Effective July 1, 2017, petrol and diesel imported into the country will have a maximum sulpur content level of 50...

Business

No End In Sight

Despite the huge public outcry against toxic diesel sold in Ghana which endangers the health of the citizens, in the...

Headlines

Saudi Arabia Loses Fitch Rating Over Budget Concerns

Saudi Arabia on Wednesday lost its high-quality credit rating from the Fitch agency, which lowered the kingdom a notch...

Business

Assign Deputy Minister To Handle Local Content – Energy Minister Urged

The Federation of Indigenous Ghana Oil Service Providers (FIGOSP) has asked Energy Minister Boakye Agyarko to designate...

International

Halfway Into 2017’s Oil Supply Cut, Asia Remains Awash With Fuel

Halfway into an OPEC-led oil supply cut, Asia remains awash with fuel in a sign that the group's efforts to rein in a...

Top Stories

OMCs Yet To Reduce Prices As Goil’s Prices Drop By 1%

It appears most of the Oil Marketing Companies (OMCs) have not reduced the prices of their petroleum products for the...

Business

GOIL Reduces Fuel Prices

Ghana’s foremost indigenous Oil Marketing Company and CIMG Petroleum Company of the year, GOIL, has reduced its...

Top Stories

Fuel Prices Down 2%

Prices of petroleum products have dropped at the pumps by 2-3%, according to the Chamber of Petroleum Consumers....

Business

Fuel Prices Down 2%

Prices of petroleum products have dropped at the pumps by 2-3%, according to the Chamber of Petroleum Consumers....

Top Stories

Fuel Prices Expected To Drop

The Institute for Energy Sector has predicted that prices of gasoline (Petrol) and gasoil  (Diesel) at the pump are...

Headlines

Global Oil Supplies Up, But OPEC Abides By Output Cut

OPEC countries are complying with a landmark deal to reduce a worldwide glut in oil, but global supplies nevertheless...

Headlines

Saudi Says ‘committed’ To Oil Market Stability

Saudi Arabia is committed to stabilising the global oil market, the energy ministry of the world's biggest oil exporter...