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Tag Archives: Fuel

Fuel prices to shoot up again from May 17

  Fuel prices are likely to be increased again from Monday, May 17, 2021. The increment is due to some new price changes made on the international market for the commodity, which was $520 per metric tonne but now pegged at about $545 per metric tonne. This translates to about …

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Fuel margins reduced to 9 pesewas

  The 17 pesewas per litre increase in fuel margins as announced weeks ago by the National Petroleum Authority (NPA) has been reduced. Effective Wednesday, May 5, 2021 prices of petroleum products at various pumps will witness a decrease of 9 pesewas per litre. A communique sighted by GhanaWeb said, this decision …

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Bawumia launches NPA’s Digital Retail Outlet Fuel Monitoring System

The Vice-President, Dr. Mahamudu Bawumia has launched an innovative Digital Retail Fuel Monitoring System by the National Petroleum Authority (NPA) in Accra. The Fuel Monitoring System, which allows fuel in OMC tanks across the country to be monitored by NPA, will curb illicit activities in petroleum downstreaming, such as unauthorised third party …

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One person shot dead in fuel station robbery incident

A 32-year-old man has been shot dead in a fuel station robbery attack at Akyem Osiem in Abuakwa South Municipality of the Eastern Region. One person also sustained gunshot wounds. The Akyem Tafo District Police Crime Officer ASP Fred Kpetigo confirmed that the incident occurred on Monday, April 5, 2021, …

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Fuel prices have gone up four times in two months – COPEC laments

The Chamber of Petroleum Consumers (COPEC) is advocating for a review of the price stabilization and recovery levy to forestall further increases in petroleum products. Petroleum products have been increased about four times in the spate of two months. COPEC attributed the situation to the Coronavirus pandemic and the current …

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Fuel tank explosion in Wa kills two

A petrol tanker exploded inside the Upper West Region capital, Wa, on Sunday, killing two people and injuring one other, according to media reports. The deceased, 24-year-old Amidu and Issahaku, were working on leakages on the tanker at the Wa Magazine when the explosion occured, news portal myjoyonline.com reported. It …

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Devise measures to curb fuel price increment – COPEC to gov’t

Chamber of Petroleum Consumers (COPEC) has asked government to introduce measures to stop the increase in fuel prices. According to the Chamber, fuel prices have shot up from Ghc 4.670 to Ghc 5.10 per litre within the spate of a month. The Chamber said although these increases cannot be directly …

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Here is the expected petrol price for February

Mid-month data from the Central Energy Fund (CEF) points to another large fuel hike for South African motorists in February, following a significant increase in January. The CEF data shows an under-recovery in prices across the board, expected to rise around 78 cents per litre for petrol, and 60 cents …

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Fuel Tanker crashes at Nkawkaw, driver dead

A 28-year-old fuel tanker driver, Issah Salifu, has been confirmed dead while two others are in critical condition in a crash near Nkawkaw in the Eastern Region. The deceased driver of the Fuel tanker Vehicle Issah Salifu was driving DAF CF Fuel tanker with registration number GT 7529-15 with two-persons …

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Prices of fuel to increase in December – IES

IES has projected the rise in the price of fuel on the domestic market in December. According to the Institute, the sharp increase is as a result of the 11.5% increase in prices of International Benchmark- Brent crude, the 6.94% increase in prices of Gasoline, the 7.26% increase in Gasoline …

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