GOIL CEO TOURS TEMA LUBES OIL COMPANY

The Group CEO and Managing Director of GOIL PLC, Mr Edward Abambire Bawa has
toured the Tema Lubes Oil Company, TLOC, to acquaint himself with operations of the
lubricants manufacturing company. He was accompanied by some key members of
Management.
The visit also afforded Mr. Bawa the opportunity to deepen the collaboration between
the two companies for mutual benefit.
GOIL is share-holder of TLOC and sources the majority of its mineral-based lubricants
from the company.
Mr. Bawa lauded the efforts of TLOC in ensuring the delivery of quality products,
reiterating that it resonates with GOIL’s own quality ethos. He assured the TLOC of
GOIL’s commitment to fostering closer partnership and teamwork with TLOC. He was
hopeful TLOC would achieve more profitability which would translate into more
dividends to shareholders.
The Managing Director of TLOC, Mr. Amos Donkor, described the relationship between
the two companies as good and encouraged GOIL to increase its lifting of more
products from the company.

 

GOIL PLC GROUP CEO & MD UNDERTAKES WORKING VISIT TO SUBSIDIARIES AND OPERATIONAL SITES.

The Group Chief Executive Officer and Managing Director of GOIL PLC, Mr. Edward Abambire Bawa, has embarked on a working visit to key subsidiaries and operational sites of the company as part of efforts to deepen his understanding of their day-to-day operations and strengthen collaboration across the GOIL Group.

As part of the visit, Mr. Bawa toured the GO Bitumen Plant, GOIL Liquefied Bottling Plant, the Ghana Bunkering Services (GBS), and the Central Storage Depot located at Tema. These strategic visits were aimed at assessing the progress of operations, identifying areas for improvement, and engaging directly with the leadership and frontline staff of each facility.

In addition, the Group CEO paid a courtesy call to the GOIL Zonal Office at Kpone-Tema, where he interacted with staff and encouraged continued excellence in service delivery.

Accompanying Mr. Bawa during the tour were some members of the management team.

Mr. Bawa’s engagement forms part of a broader leadership agenda to ensure operational efficiency, staff motivation, and alignment of all subsidiaries with GOIL’s long-term strategic goals.

 
 
 

GOIL CEO ENGAGES DEALERS ON OPERATIONAL COLLABORATION

GOIL PLC Group Chief Executive Officer and Managing Director, Mr. Edward Bawa, has met with the leadership of GOIL Dealers as part of efforts to strengthen operational collaboration and enhance working relationships across the company’s nationwide network.

The engagement, which comes at a pivotal time for the company, underscored the importance of unity and shared commitment in maintaining GOIL’s leadership in Ghana’s oil marketing industry. Mr. Bawa reiterated management’s dedication to fostering an environment of open dialogue, mutual respect, and operational efficiency.

“Our collective success depends on how effectively we work together,” Mr. Bawa stated.

“This engagement with our Dealers is a vital step towards aligning our goals, addressing challenges, and building a stronger, more responsive GOIL.”

Accompanying Mr. Bawa at the meeting were some key members of the management team, including Dr. Marcus Dake, Head of Corporate Affairs, Ing. Denis Amui, Head of Operations, Head of Fuels Marketing, Mr Augustine Boateng, and the Head of Technical and Special Products, Ing. Joshua Duodu. Others were the Head of IT, Mr Roger Baah, Mr Mark Ofori Amanfo, Technical Advisor to the Group CEO & MD, Dr Alhassan M. Kamil, Business Development Manager, and Mr. Robert Kyere, Public Relations Manager.

The discussions focused on practical strategies to ensure seamless product supply and operations, improve communication channels, and reinforce the company’s commitment to its frontline partners.

The meeting concluded with a shared understanding to continuously strengthen the partnership between management and dealers to improve operational efficiency and sustain growth.

 

NEW FUEL PRICES

NEW FUEL PRICES EFFECTIVE THURSDAY, 3RD APRIL, 2025
SUPER XP - GHC 14.99
DIESEL XP - GHC 15.42
SUPER XP 95 - GHC 15.95

GOIL SHAREHOLDERS APPROVE APPOINTMENT OF NEW BOARD OF DIRECTORS 

Shareholders of GOIL PLC have approved the appointment of a new Board of Directors at an Extraordinary General Meeting (EGM), held in Accra. The new nine-member board is under the chairmanship of Nana Philip Archer, a seasoned executive with over 20 years of experience in leadership roles in multi-national corporations. Other members of the Board are Mr Edward Abambire Bawa, (Group Chief Executive Officer and Managing Director), Dr Thomas Kofi Manu, Dr. Evelyn Lamisi Asuah, Mr. Sylvester Kotey, and Mr. Afetsi Awoonor. Others are Mr Augustine Angaa Dayuo, Hon. Dr. Kwamena Minta Nyarku and Professor Peace Mamle Yoko Tetteh. Speaking after the endorsement of the board, the chairman, Nana Philip Archer, highlighted the achievement of growth and more profitability for GOIL adding that the board will strive to achieve greater return on investment in respect of new projects made by the company. The Group Chief Executive and Managing Director, Mr. Edward Abambire Bawa, an energy expert, and public servant with almost two decades of experience in energy policy, noted that the Management team would work towards improving shareholder value and increased dividend payment, which is dear to the heart of every shareholder. He emphasized that the company would change strategy where needed and improve upon the successes chalked by the previous management. Shareholders joined the meeting online while a sizeable number of them attended in-person to approve the new board of directors. The old Board of Directors later officially handed over the mantle to the newly constituted board.
 
 

EDWARD BAWA ASSUMES OFFICE AS ACTING GROUP CEO & MD OF GOIL PLC

GOIL PLC is pleased to announce the official assumption of office by Mr. Edward Abambire Bawa as the Acting Group Chief Executive Officer & Managing Director (CEO & MD). His appointment marks a seamless transition following the end of tenure of Mr. Jacob Kwabena Adjei, who has served GOIL in various capacities for 18 years before being appointed as Managing Director in December, 2024.

At a durbar held to formally introduce Mr. Bawa to staff after his engagement with the management team, he expressed deep appreciation for the contributions of his predecessor in steering GOIL onto a path of growth and resilience. He reaffirmed his commitment to driving innovation, enhancing operational efficiency, and ensuring the company’s sustainable expansion.

In his address, Mr. Bawa assured management and staff of a collaborative and inclusive leadership approach, emphasizing his openness to new ideas and solutions that will address the company’s challenges and propel its growth.

Outgoing Group CEO & MD, Mr. Kwabena Adjei, extended his gratitude to the staff for their unwavering support during his tenure and urged them to offer the same dedication to his successor.

The management and staff of GOIL PLC pledged their full support for Mr. Bawa’s vision, reinforcing their collective ambition to position GOIL as a formidable, fully integrated, and competitive force in the energy sector.