Obuasi West Member of Parliament is accusing the John Mahama government of diverting monies accrued to the Energy Sector Levy account. According to Kweku Kwarteng a whooping 189 million cedis was taken from the Energy Sector Levy Account and given to BOST to buy crude oil, an action he described as illegal. The Energy Sector … Read more
The workers’ union of the Bulk Oil and Storage and Transportation Company (BOST) Limited, has shot down media reports that BOST has posted 32 million cedis between January and September this year. The union described the publication as an attempt to run down the gains made by the company in the oil and gas sector … Read more
The workers’ union of the Bulk Oil and Storage and Transportation Company (BOST) Limited, has shot down media reports that BOST has posted 32 million cedis between January and September this year. The union described the publication as an attempt to run down the gains made by the company in the oil and gas sector … Read more
The workers’ union of the Bulk Oil and Storage and Transportation Company (BOST) Limited, has shot down media reports that BOST has posted 32 million cedis between January and September this year. The union described the publication as an attempt to run down the gains made by the company in the oil and gas sector … Read more
The Tema Oil Refinery (TOR) and Bulk Oil Storage and Transportation Company Limited (BOST) workers’ unions have denied media reports suggesting they recorded a loss in revenue of GHS32 million between January and September this year. The two unions at a joint press conference described the media report as palpable fabrications calculated at “tainting the … Read more
Your authoritative Finder has sighted a document which reveals that the Board of Directors and a Petroleum Advisor of the Bulk Oil Storage and Transportation Company Limited (BOST) shared GH¢1.9million of the state-owned firm’s profit for 2015. The document titled ‘Annual Profit Sharing Computations’ listed the beneficiaries as Mr Kwame Awuah Darko, Managing Director (MD) … Read more
The decision by the Bulk Oil Storage and Transport Company Limited (BOST) to compete with the private sector in the downstream petroleum products distribution sector has resulted in huge losses for the state-owned company. It has emerged that between January and September 2016, BOST made GH¢32million (GH¢32,017,779) loss from its trading business. The revelation was … Read more
The decision by the Bulk Oil Storage and Transport Company Limited (BOST) to compete with the private sector in the downstream petroleum products distribution sector has resulted in huge losses for the state-owned company. It has emerged that between January and September 2016, BOST made GH¢32million (GH¢32,017,779) loss from its trading business. The revelation was … Read more
The decision by the Bulk Oil Storage and Transport Company Limited (BOST) to compete with the private sector in the downstream petroleum products distribution sector has resulted in huge losses for the state-owned company. It has emerged that between January and September 2016, BOST made GH¢32million (GH¢32,017,779) loss from its trading business. The revelation was … Read more
A US-based company has duped the Bulk Oil Storage and Transportation Company (BOST) of over $109 million, the 2012 Auditor General’s report has revealed. The company, known as the American Tanker and Vessel Company, was contracted by BOST in 2006 to construct two pipelines but has since failed to fulfil their part of the contract … Read more