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Motorists have received a welcome New Year gift as several Oil Marketing Companies (OMCs) began implementing marginal reductions in ex-pump fuel prices at the commencement of the January pricing window. …

BP has struck a US$6bn (£4.4bn) deal to sell a majority stake in its motor oil division, Castrol, to a US investment firm. The oil giant sold a 65% stake …

The Minister of Transport, Joseph Bukari Nikpe, has announced that the State Transport Company (STC) and Metro Mass Transit (MMT) will receive new buses by the end of the first …

Prices of petroleum products are expected to decline marginally at the pumps from today, December 16. The projection is contained in the latest outlook report by the Chamber of Oil …

(Bloomberg) — BMW AG expects profit to rise this year, building on positive momentum from late last year as economic gloom from the pandemic lifts to boost demand in key …

Mechanical Lloyd Plc (MLC) has announced a tender offer to purchase all its outstanding shares from shareholders as part of a process to delist the company from the Ghana Stock …

London (CNN Business)- By the end of the decade, the only Volvo you’ll be able to purchase will be electric. And you’ll only be able to buy it online. The Chinese-owned carmaker announced plans …

SEOUL (Reuters) – Hyundai Motor Co will replace battery systems in some 82,000 electric vehicles globally due to fire risks – a costly $900 million recall that lays bare the …

Vivo Energy, the pan-African retailer and marketer of Shell and Engen-branded fuels and lubricants, has held its annual Safety Day across the whole company, reinforcing the importance of Health, Safety, …

In response to a strike action undertaken by the Ghana National Petroleum Tanker Drivers Union, the National Petroleum Authority has dismissed key grievances tabled by the Union. The NPA noted …