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BDCs must respect supply agreement – OMCs

A new report by the Business Monitor International (BMI) has forecasted the value of Ghana’s mining sector to reach US$3.8 billion within the next four years as bauxite and gold production see modest increases.

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BDC’S chase OMC’S for payment of debts

The Chamber of Bulk Oil Distribution Companies is on the heels of Oil Marketing Companies and all other institutions that owe them for payment of all such debts.

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TOR will never be sold – Buah

The Energy Ministry has served notice that the Tema Oil Refinery (TOR) will not be sold under any circumstances.

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Ghana Gas ready as final test proved successful

The Ghana National Gas Company (Ghana Gas) has expressed satisfaction with work on the Atuabo Gas Plant as a test run on the plant proved successful.

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Ghana Gas ready as final test proved successful

 

The Ghana National Gas Company (Ghana Gas) has expressed satisfaction with work on the Atuabo Gas Plant as a test run on the plant proved successful.

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Downstream industry news: 3 September 2014

 

India Indian Oil Corporation Ltd (IOCL) has announced that 96% of the construction work at the Paradip refinery is complete. The company has also announced that it is expecting to commission the refinery soon due to the speed of progress being made. The 15 million tpy facility is going to have a Nelson Complexity Index of 11.3.

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‘Cash and carry’ cause of petrol shortage – OMCs

 

Oil-marketing companies (OMCs) have blamed the acute short of petroleum in the country’s capital on a “cash-and-carry” system being foisted on them by the Chamber of Bulk Oil Distributors (CBOD).

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Vivo Energy Ghana expands its retail network

 

As part of its retailer site expansion initiative, Vivo Energy Ghan has inaugurated its new service station at Ashaiman in the Tema Municipality.

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Hedging won’t protect Ghanaians from fuel price hikes – Hosi

 

The government’s decision to introduce hedging against rising oil prices will not protect Ghanaians from fuel price hikes, the Chief Executive of the Chamber of Bulk Oil Distributors Senyo Hosi has said.

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Lushann rubbishes Wall Street Journal’s Saltpond report

 

Lushann Eternit Energy Limited has reacted to recent reports that stolen crude oil from Nigeria may have found its way to the Saltpond oil fields.

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OMCs confident of good business in Ghana - ZEN boss

 

The ZEN Petroleum boss, William Kodwo Tewiah, has said the only way downstream petroleum sector can take advantage of responsive local content policies is by providing quality services for better prices.

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Santerre Limited to develop a 200 MW thermal power plant

 

Santerre Limited has entered into an agreement to finance and develop a 200MW combined-cycle thermal power plant in the Republic of Ghana as an independent power producer (IPP). Construction of the plant is expected to begin in 2015.

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Atuabo Freeport project: Residents disagree with 5 MPs

 

Residents of Atuabo disagree with five Members of Parliament who have sued government over the controversial Atuabo Freeport project aimed at developing oil and gas in the region.

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