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Tanker drivers strike: Petroleum products shortage likely in 24 hours – COPEC

The Chamber of Petroleum Consumers Ghana (COPEC) has hinted of imminent fuel and petroleum products shortage by close of today, if striking tanker drivers do not rescind their action.  The Tanker Drivers’ Association of Ghana this week embarked on a nationwide strike demanding that deplorable roads leading to and from their depots all across the country, especially […]

Petroleum rakes in $1.43b in 2022 – Highest since production in 2010

Petroleum rakes in $1.43b in 2022 - Highest since production in 2010

SOURCE: GRAPHICPNLINE The government received the highest petroleum revenue for a single year in 2022 since the start of petroleum production in the country in 2010. Data from the 2022 Annual Report of the Public Interest and Accountability Committee (PIAC) showed that petroleum receipts for 2022 amounted to $1.43 billion, representing an increase of 42 […]

Can Abdul-Hamid do it as ARDA President? The task is daunting

Report by Dominic Hlordzi So, a number of institutions in Ghana have been on edge struggling to settle their electricity bills. The power distributor, ECG is out there with ‘naked voltage’ demanding payment of accumulated debts owed by its customers. Among the defaulters, is a ‘near white elephant’, Tema Oil Refinery. Though it has not processed […]

GPRTU unhappy about hikes in petroleum prices

GPRTU unhappy about hikes in petroleum prices

The Ghana Private Road Transport Union (GPRTU) has described as alarming the recent hikes in prices of petroleum products in the country. Fuel prices at the local pumps shot up by about 5.4 percent from September 1, 2022, with petrol and diesel trading at an average 11.55 and 14.50 Ghana Cedis. From the beginning of […]