Workers of the Bulk Oil Storage and Transportation Company (BOST) are blaming the high petroleum prices in the country on some private individuals who they claim have formed ‘great cartel’ to...
ECG to publish how much you’re saving on light bills Monday The Electricity Company of Ghana (ECG) will on Monday release a document detailing in monetary terms, how much each electricity consumer...
The Public Utilities Regulatory Commission (PURC) has announced a 17.5% reduction in electricity tariffs for residential consumers effective march 15. A statement signed by executive secretary Mrs....
The Public Utilities Regulatory Commission (PURC) on Monday held a joint consultative meeting with utility service providers and stakeholders in Accra to collate views on the proposed tariffs...
Former Petroleum Minister Emmanuel Armah Kofi Buah has asked government to scrap the special petroleum tax with immediate effect. “I think it is important that in the face of the numerous taxes,...
Commercial Drivers and consumers of petroleum products on Wednesday demonstrated against government over the rising fuel prices in the country. The demonstration dubbed: “TE SO OOOOO TON” (Stop...
The Chamber of Petroleum Consumers (COPEC) has threatened to hold a nationwide demonstration against the government if it fails to reduce petroleum prices within a week. COPEC made this known...
The Public Utilities Regulatory Commission (PURC) has no justification to reject government’s proposal to reduce electricity tariff, a Technical Economic Advisor at the Vice President’s...
US petroleum giants ExxonMobil and Chevron reported big jumps in second-quarter profits Friday, the latest boost from a recovery in oil prices that still feels shaky to many industry officials....
Resource-rich African countries are facing significant economic headwinds. Nigeria, Africa’s largest oil producer, depends on oil for over 90% of its foreign exchange earnings and three-quarters of...
European and US stocks scored solid gains Wednesday, with the Dow ending at a fresh record, as investors welcomed congressional testimony by Federal Reserve Chair Janet Yellen reiterating the pledge...
Prices of fuel are likely to see further drop in the first pricing window of July by about 2%. This is according to the Institute of Energy Security (IES). The Institute believes indicators such as...
Egypt announced a new sharp increase in fuel prices on Thursday, as it slashes government subsidies in a tough IMF-backed reform programme. The cabinet said that 82 octane petrol would sell for 3.65...
The United States slapped a new anti-dumping tax on Canadian softwood lumber, the latest escalation in a trade dispute that began with an initial set of duties on exports from America's northern...
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...
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...
The Ghana Private Road Transport Union (GPRTU) has debunked reports that it will immediately increase transportation fare if the mandatory towing levy is implemented by the National Road Safety...
The local fuel market in the first Pricing-window in June 2017 recorded interesting turn of events. Prices were projected by Institute of Energy Security () to rise up to 4% based on global oil...
The Institute for Energy Security (IES) has predicted a reduction in fuel prices at the pumps in the second fuel pricing window beginning June 16. Principal Research Analyst Richmond Rockson...
The local fuel market in the first Pricing-window in June 2017 recorded interesting turn of events. Prices were projected by Institute of Energy Security (IES) to rise up to 4% based on global oil...
