Goil

Goil Probes Claims Of Fuel Pump Tampering At Atimpoku Branch
15 Oct

Goil Probes Claims Of Fuel Pump Tampering At Atimpoku Branch

wontumionlineBusiness
Goil Plc has launched an investigation into allegations of fuel pump tampering at its Atimpoku branch in the Eastern Region after a video of the incident went viral on social media. The footage has sparked concerns among customers and the general public regarding the accuracy of fuel dispensing at the station. In a statement issued on Monday, October 14, Goil condemned such practices and reaffirmed its commitment to upholding high service standards and transparency. The company stressed that, it is treating the matter with urgency and will conduct a comprehensive investigation to uncover the facts surrounding the allegations. “Goil Plc’s…
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Fuel Prices Go Up; Petrol, Diesel Selling At ₵12.95 Per Litre
01 Aug

Fuel Prices Go Up; Petrol, Diesel Selling At ₵12.95 Per Litre

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Some Oil Marketing Companies (OMC) have started increasing prices of petroleum products at the pumps from August 1, 2023. GOIL is selling a litre of petrol at ₵12.95 from its previous price of ₵12.40. Diesel is also selling a litre at ₵12.95 from its old price of ₵12.45. The increase can be attributed to the sudden increase in prices of finished petroleum products on the international market as well as some supply issues on the world market. Some industry watchers say this is the biggest hike in prices of finished petroleum products on the international market since January 2023. The…
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GOIL’s Net Profit For 2022 Hits GH¢123.89 Million
09 Jun

GOIL’s Net Profit For 2022 Hits GH¢123.89 Million

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The GOIL Company PLC, registered a net profit after tax of GHS123.89 million in 2022, up by 26 per cent compared to the previous year, Reginald Daniel Laryea, Chairman of the GOIL Board of Directors, has announced. “Earnings per share rose to GHS0.316 in 2022 compared to the year 2021, which was GHS0.252. We are happy to declare a dividend of GHS0.056 to our cherished shareholders, up by 19 per cent compared to the year 2021,” he stated. Mr Laryea, who presented GOIL’s annual statement of account for the year 2022 at the virtual 54th Annual General Meeting of GOIL,…
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OMCs Start Increasing Fuel Prices; Goil Selling A Litre Of Petrol, Diesel For ¢12.45
01 Jun

OMCs Start Increasing Fuel Prices; Goil Selling A Litre Of Petrol, Diesel For ¢12.45

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Some Oil Marketing Companies (OMCs) have started increasing prices of petroleum products at the pumps. Goil has taken the lead, selling at litre of diesel and petrol at ¢12.45 pesewas from its old price of ¢12.30 pesewas a litre. The increase is in line with the biweekly review of prices at the pumps. The latest increase, according to some stakeholders is due to the cedi’s performance and crude prices on the international market. It is expected that more OMCs will also adjust prices upward later today. IES prediction Earlier, the Institute for Energy Security (IES), predicted that prices of petrol…
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Fuel Prices Go Up; Petrol Going For ¢12.69-¢13.20 Per Litre
17 Apr

Fuel Prices Go Up; Petrol Going For ¢12.69-¢13.20 Per Litre

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Prices of petroleum products have shot up at the pumps this Monday April 17, 2023. This is the first increase since the introduction of the much touted ‘Gold for Oil’ policy. Leading Oil Marketing Companies (OMCs), GOIL, Total and Shell have all increased prices of petrol and diesel. GOIL is selling petrol at ¢13.10 per litre and diesel at ¢12.99 per litre. Shell is also selling a litre of petrol at ¢13.10 per litre, whilst deisel is going for ¢12.99. Total is however selling both petrol and diesel at ¢13.20 per litre respectively, whilst Star Oil is selling both petrol…
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GOIL Apologises To Customers For Petrol Shortage, Says 1 Million Litres Dispatched
13 Apr

GOIL Apologises To Customers For Petrol Shortage, Says 1 Million Litres Dispatched

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State oil firm GOIL has apologized to its customers for the shortage of petrol at its pumps. It attributes the dearth to operational challenges occasioned by supply disruptions. In a statement, GOIL said it has dispatched more than one million litres of the fuel to its various pumps across the country. “GOIL wishes to acknowledge to the public, especially its valued customers, that there have been shortages of its super XP RON 95 at some of its stations”, the statement noted. “The shortages which were experienced during the Easter holidays were because of operational challenges occasioned by supply disruptions”, it…
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Fuel Prices Fall; GOIL, Star Sell Petrol At ¢12.65, ¢11.69 Per Litre
03 Apr

Fuel Prices Fall; GOIL, Star Sell Petrol At ¢12.65, ¢11.69 Per Litre

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Some Oil Marketing Companies (OMCs) have begun reviewing prices of petroleum products downwards at the pumps from today. The expected price reduction should have commenced from last Saturday, April 1, 2023. GOIL is selling a litre of petrol at ¢12.65 and diesel for ¢12.84 pesewas respectively.   Also, Star Oil is selling a litre of petrol at ¢11.69 and petrol ¢12.69 per litre. The adjustment shows that petrol has declined by a little over 2%, while diesel goes down by almost 5.0%. It is expected that more OMCs are expected to cut fuel prices at the pumps later today. Meanwhile, the…
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Fuel Prices Drop Again; Petrol, Diesel Down By About 5%
16 Feb

Fuel Prices Drop Again; Petrol, Diesel Down By About 5%

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Some Oil Marketing Companies (OMC) have started reducing prices of petroleum products at the pumps from today, February 16, 2023. This is the second time fuel prices have been reduced this year. GOIL has reduced its prices. A litre of petrol is going for ¢14.50. This represents almost 5 percent reduction from the previous price. Diesel, on the other hand is going for ¢14.90, showing a price reduction by almost 3 percent per litre. The reduction is in line with the two week review in prices which has been influenced by a fairly stable cedi and prices of Petroleum Products…
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Petrol, Diesel Now Sell At ¢15.25, ¢15.90 Per Litre At Pumps
01 Feb

Petrol, Diesel Now Sell At ¢15.25, ¢15.90 Per Litre At Pumps

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Some Oil Marketing Companies(OMCs) have started increasing prices of petroleum products at the pumps from today, Wednesday, February 1, 2023 as anticipated. One of the market leaders, GOIL, is now selling a litre of petrol at ¢15.25, from the previous ¢13.60. Diesel on the other hand is going for ¢15.90 per litre, from the previous ¢15.52. Other OMCs are expected to follow suit by announcing new fuel prices later today. Ahead of the announcement of increases in fuel prices today, the Institute for Energy Security (IES) predicted between 7% and 13% jump in the prices of petrol, diesel and Liquefied…
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Fuel Prices Drop By 8%
04 Jan

Fuel Prices Drop By 8%

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Some leading Oil Marketing Companies (OMCs) have begun reducing prices of some petroleum products at the pumps. Market leader, GOIL, has announced more than 8% reduction in fuel prices. It has slashed the the price of diesel by ¢1.50 to now sell at ¢14.60 per litre. On the other hand, petrol is going for ¢12.40 per litre, representing a decline of ¢1. The reduction by GOIL is in line with the fortnight review in prices of petroleum products at the pumps. TotalEnergies has also announced a price reduction of its products at the pumps. Other OMCs are also expected to…
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