Midstream
BOST MD calls for approval of 3% margin
Managing Director of the Bulk Oil Storage and Distribution Company (BOST), Mr Edwin Provencal, has called for the approval to increase the BOST margin on petroleum products from 3 pesewas to at least some 12 pesewas. He said it is time for the margin to be approved...
Ghana to sign MOU with Côte d’Ivoire for exportation of gas – Akufo-Addo
Ghana through the Ministry of Energy and its partner Ghana Gas, is set to sign a Memorandum of Understanding (MOU) with the government of Côte d'Ivoire to facilitate the bidirectional transportation of gas between the two countries. This will be achieved after the...
Akufo-Addo opens Ghana Gas Headquarters
President Nana Addo Dankwa Akufo-Addo, on Tuesday, 23 July 2019, opened a state-of-the-art Operational Office Complex of Ghana National Gas Company. The office complex is expected to deliver first-class gas operations and support services for the country’s gas sector...
TOR incurs GH¢186m loss in 4 months; total debt stands at GH¢1.5bn
The Tema Oil Refinery (TOR) made a net loss of GH¢186.35 million in the first four months of 2019, according to the refinery’s (TOR) 2019 Variance Report. The huge loss, according to the 2019 Variance Report for the period ended April 30, 2019, was against a budgeted...
TOR loses GHC186m in four months
The Tema Oil Refinery (TOR) has recorded a net loss of GHc186.35 million from January to April 2019, according to a report by the company. Though the 2019 TOR Variance Report, had forecast the company’s operational loss to be around GHc71.70 million for the period, a...
Renaizance Oil Ltd boss busted for defrauding BDC
Chief Executive of Renaizance Oil Limited, David Aseye Tay, is behind bars for allegedly defrauding some Bulk Distribution Companies (BDCs) to the tune of whopping six million dollars ($6m), equivalent of about GH¢28million. Thanks to the law which is no respecter of...
Bulk Oil Distribution Companies commend BOST for setting-up call centre
The Bulk Oil Distribution Companies (BDCs) have commended the management of Bulk Oil Storage and Transportation (BOST) company limited for setting-up a Call Centre to enable stakeholders have a quick response to issues regarding their stock balance. The BOST Call...
BOST praised for involving stakeholders in decision making
The introduction of Call Centre by the new management of Bulk Oil Storage and Transportation (BOST) company limited led by the Managing Director Mr. George Mensah Okley has received applause from its stakeholders Bulk Oil Distribution Companies (BDCs). In a...
BOST approves conditions of service for staff after 12 years of agitations
Management of the Bulk Oil Storage and Transportation (BOST) Company Limited has finally put smiles on the faces its staff by signing into law a collective bargaining agreement between the company and the union after 12 years of unsuccessful attempts. Staff of Bulk...
Ghanaians get best quality petroleum products at lowest prices in West Africa – NPA CEO
The Chief Executive Officer of the National Petroleum Authority Hassan Tampuli has disclosed that despite the rising cost of petroleum products in Ghana, motorists relatively pay the lowest prices at the pumps. Hassan Tampuli boasted petroleum product quality sold at...
