Tag: Oil Marketing Companies

Oil marketing companies were urged to leverage their retail distribution networks to embrace energy transition opportunities.  

COPEC argued that the OMCs are manipulating the pricing system to maximize profits at the expense of the Ghanaian public.

The pricing update for the March 16th – 31st window highlights the impact of declining crude oil prices, global market adjustments

The opposition by COMAC stems from concerns that the CRM, as initially structured, posed a significant threat to existing businesses in the sector.

These price variations between different OMCs have raised questions about the underlying factors contributing to this disparity.

The National Petroleum Authority (NPA) introduced CRM with the objective of improving safety

Ghana is teetering on the brink of a potential fuel crisis, exacerbating the country’s already fragile economic situation.   Recent warnings from energy experts and industry stakeholders have highlighted mounting ...

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri has announced that Russia has become the largest supplier of crude oil to India, accounting for more than 35% of ...

At the 2024 Future of Energy Conference, Dr. Riverson Oppong, CEO of the Association of Oil Marketing Companies (AOMC), emphasized the pressing need for Africa to adopt a tailored and ...

The former President John Dramani Mahama, flag bearer of the National Democratic Congress (NDC), has underscored his commitment to revitalize the Tema Oil Refinery (TOR) through a strategic joint private-public ...