Tag Archives: PETROL

Parliament has by majority decision passed the Emissions Levy Bill which will among other things; charge all petrol and diesel car owners 100 cedis every year beginning in January 2024. The government is introducing this new tax bill in Parliament with the aim of promoting the use of eco-friendly sources …

Several African countries will in July be grappling with increased fuel prices as governments impose more taxes and drop subsidies, moves which, players in the industry argue, present both risks and benefits for the continent’s development. As Kenya doubles the value-added tax on petroleum products to 16 percent from July …

The Chamber of Petroleum Consumers (COPEC) has projected that the price of petrol may increase by 2 percent in the next pricing window that starts from April 16, 2023. According to COPEC, the projection is based on the increase in international benchmark pricing from $772.75 per metric tonne to $900.20 …

There has been an incessant increase in petroleum products – petrol and diesel in recent times amidst the high inflation in the country. Commercial vehicle drivers, following the sharp increase in fuel prices, reviewed transport fares higher. Some private car drivers have parked their cars to join public transport because …

The prices of petrol and diesel have been increased, again, at some fuel pumps in less than two weeks. For instance, at Petrosol, petrol is selling at GHS17.48 per litre while diesel is going for GHS19.89. Also, Engen is selling petrol at GHS17.54 per litre and diesel goes for GHS19.44. …

The usually bustling streets of Accra during the weekends became a thing of the past as the increase in oil prices compelled then-General Ignatius Kutu (I.K) Acheampong’s government to ban the use of petrol by private vehicles on weekends. The ban on October 22, 1975, was from 6.00 pm on …

Ghana’s Vice-President, Dr Mahamudu Bawumia, has announced plans by the government to transition from the use of fossil fuel to renewable energy by 2070. To that end, Dr Bawumia has called on stakeholders in the energy sector to accelerate the production and utilisation of oil and gas reserves in Ghana. …

The National Petroleum Authority (NPA) has locked three filling stations for dispensing fuel less than the quantity the consumer pays for in Sunyani in the Bono Region. The stations are; Frimps oil at Penkwase, the Goil station near Eusbett hotel and Engen, all in the Sunyani township. In the case …

Consumers of petroleum products must brace themselves for another increase in fuel prices from Thursday, June 16, 2022. Data from the Bulk Oil Distribution Companies as reported by JoyBusiness suggests that the price of a litre of diesel is expected to go up by 11.14%, while petrol will go up …

Two security guards have been arrested in connection with a business robbery in which they allegedly used their service firearms to rob a petrol station in Mpumalanga. The security guards, aged 30 and 40, allegedly robbed an employee at Majuba King Petroleum in Bethal on Saturday. “According to our information, …