GOIL CEO Engages Transporters Union on Ongoing Reforms and Innovations

GOIL PLC, under the leadership of its Group Chief Executive Officer and Managing Director, Mr. Edward Abambire Bawa, has held a strategic engagement session with the leadership of the GOIL Transporters Union to discuss ongoing reforms, innovations, and measures aimed at enhancing operational efficiency across the company’s logistics and distribution network.

The meeting forms part of the Group CEO’s broader stakeholder engagement initiative, designed to strengthen collaboration, deepen transparency, and ensure that all key partners remain aligned with the company’s long-term strategic direction.

Mr. Bawa expressed profound appreciation to the transporters for their unwavering dedication and the critical role they continue to play in the company’s growth. He explained that the meeting was motivated by his desire to connect with what he described as “members of the GOIL household,” to listen to their experiences and ensure that every operational layer is aligned with GOIL’s mission of excellence, safety, innovation, and accountability.

Providing an update on ongoing reforms, the Group CEO highlighted new systems being implemented to streamline operations - particularly in the areas of claims processing and product allocation. He noted that delays in the payment of transporters’ claims have largely been due to late submissions. To address this, GOIL has developed a new automated claims processing system, which is currently undergoing testing. Once fully deployed, the system will significantly expedite verification and payment timelines, ensuring a more seamless process for transporters.

Mr. Bawa further revealed that a dedicated team has been commissioned to audit the product loading and allocation processes to promote fairness, transparency, and equal opportunity for all transporters across the distribution chain.

The Chairman of the Transporters Union, Dr. (Med) Samuel Asiamah, commended the Group CEO for his vision and commitment to strengthening the bond between management and the transporters. He praised the reforms as timely and impactful interventions that will enhance efficiency, welfare, and overall operational harmony. Dr. Asiamah reiterated the union’s readiness to continue supporting GOIL’s strategic growth and sustainability agenda.

Mr. Bawa also disclosed that out of a total claims bill of approximately GHS 207 million covering part of 2024 to August 2025, GOIL has already paid about GHS 157 million, leaving a reduced outstanding balance, highlighting management’s commitment to honouring its obligations despite financial pressures within the petroleum downstream sector.

Concluding his remarks, Mr. Bawa reaffirmed GOIL’s dedication to maintaining the highest standards of product quality, safety, and service delivery. He encouraged transporters to uphold discipline, professionalism, and integrity in their operations, emphasizing that their contribution remains central to GOIL’s status as Ghana’s leading indigenous oil marketing company.

GOIL Celebrates Culture & Tradition with the People of Aburi

As part of activities marking this year’s Aburi Odwira Festival, the GOIL South East Zone joined the people of Aburi for the much-anticipated Odwira Health Walk on Saturday, 8th November 2025.

Led by the Zonal Manager, South East, Ms. Nana Nyarko-Addy, the GOIL delegation included the Head of Fuels Marketing, Mr. Emmanuel Kwame  Agyiri, the Head of Corporate Affairs, Mr. Robert Kyere, the Dealer of the Aburi Gyankama Service Station, Mr. Samuel Lawson Owusu, as well as other managers and staff. The team actively participated in the walk, engaging with the community, dancing, and sharing in the festive excitement.

To add colour and energy to the celebration of culture, GOIL distributed branded T-shirts, umbrellas, face towels, caps, wristbands, and bottled water to participants along the route, reinforcing its commitment to community wellness and engagement.

Speaking to the crowd during the event, Mr. Emmanuel Kwame Agyiri, Head of Fuels Marketing at GOIL, reaffirmed the company’s dedication to delivering high-quality fuel at competitive prices to Ghanaians everywhere. He said, “GOIL’s Super XP fuel is additivated with XP3 to offer protection to your engine and the environment while providing longer mileage,  and we sell this as our Economy Fuel (RON 91).”

After the lively procession from the Chief’s Palace to the Methodist School Park and back, the celebration continued at the GOIL Aburi Gyankama Service Station, where a special customer promotion was held. Participants had the chance to “spin and win” exciting prizes including fuel coupons, GOIL lubricants, and other branded souvenirs.

The event was a vibrant prelude to the Odwira festivities - blending fitness, fun, and community spirit, and showcased GOIL’s enduring commitment to promoting health, culture, and togetherness among Ghanaians.

GPRTU LAUDS GOIL FOR CONSISTENT DELIVERY OF QUALITY FUEL

The Ghana Private Road Transport Union (GPRTU) has commended GOIL PLC for its consistent supply of high-quality fuels, outstanding service delivery, and sustained partnership spanning more than six decades.

At a courtesy call paid by GOIL to the GPRTU at the TUC Headquarters in Accra, the leadership of the Union praised GOIL’s commitment to powering Ghana’s growth and supporting transport operators across the country.

 GOIL’s delegation was led by the Chief Operating Officer, Dr. Marcus Deo Dake. He was accompanied by the Head of fuels Marketing, Emmanuel Agyiri, The Head of Technical and Special Products, Ing. Joshua Duodu, and the Head of Corporate Affairs, Robert Kyere. Also, in attendance was the Public Relations Manager, Mr. Desmond Asati.

The National Chairman of the GPRTU, Nana Nimako Bresiamah, lauded GOIL for maintaining the highest standards in fuel quality and service, attesting to the superior performance of GOIL products. He urged the company to continue upholding its reputation and consider establishing a service station at Agona in the Ashanti region and other underserved communities.

He further assured GOIL of the Union’s continued collaboration and support, emphasizing that “the relationship between GPRTU and GOIL is one of mutual benefit, built on trust and shared national interest.”.

Welcoming the GOIL team earlier, Alhaji Abass Moro, Head of Communications at GPRTU, expressed appreciation for the visit and introduced his team. In turn, Mr. Robert Kyere, Head of Corporate Affairs at GOIL, introduced the GOIL delegation.

Responding to GPRTU’s commendation, Dr. Dake conveyed fraternal greetings from the Group Chief Executive Officer and Managing Director, Mr. Edward Abambire Bawa, reaffirmed GOIL’s deep appreciation for the Union’s loyalty and partnership over the years. He described it as a relationship built on mutual trust and a shared national purpose. ‘For more than fifty years, GOIL has worked hand-in-hand with the GPRTU and its members. GOIL cannot thrive without you.” he added.

Dr. Dake explained that GOIL’s mission goes beyond profit, focusing also on national service. “We operate in every corner of Ghana - because we are a national asset with a duty to connect Ghanaians everywhere,” he emphasized.

He highlighted the quality of GOIL’s fuels, explaining they were additivated and offer longer mileage, superior engine protection, and better performance at competitive prices. “This is what we call Good Energy, the perfect blend of quality, performance, and value,” he noted.

The COO also emphasized GOIL’s unique ownership structure, that gives local companies and individual Ghanaians the opportunity to own shares. “When you buy from GOIL, you are not enriching an individual - you are building Ghana. Every purchase is a direct investment in the nation’s growth,” he stated.

“For more than fifty years, GOIL has worked hand-in-hand with the GPRTU and its members. GOIL cannot thrive without you.” he stated.

Dr. Dake described the visit as “the beginning of better days ahead,” pledging GOIL’s continued partnership with the GPRTU and other national stakeholders in fueling Ghana’s growth, connecting communities, and empowering lives across the nation.

The Head of Fuels Marketing, Mr. Emmanuel Kwame Agyiri, reiterated that GOIL is on course to reach 440 fuel stations nationwide by the end of the year, bringing quality fuels and lubricants even closer to consumers. He emphasized that GOIL lubricants meet world-class standards and are endorsed by leading Original Engine Manufacturers (OEMs) for their viscosity and performance.

In attendance at the meeting were Emmanuel Nii Ankrah, National Vice Chairman, Jacob Odae, First National Trustee, Alhaji Abbas Moro, Head of Communications, Sly Tetteh, Greater Accra Regional Vice President, and Robert Darko, Industrial Relations officer.

Also present was the Executive Director of the Chamber for Petroleum Consumers, COPEC, Duncan Amoah.

 

NEW FUEL PRICES

NEW FUEL PRICES EFFECTIVE TUESDAY, 4TH NOVEMBER 2025 AT 6AM PROMPT.

Super XP - Ghc 12.52

Diesel XP - Ghc 12.76

Super XP 95 - Ghc 14.85

 

Effective Tuesday, November 4, 2025, GOIL PLC has reduced pump prices across its stations nationwide!

That’s bigger savings for our customers.

GOIL’s Super XP fuel is fortified with the XP3 additive, offering longer mileage, better engine protection, and improved performance - all at a more affordable price.

Choose GOIL, choose Good Energy, where quality meets value!”

#GoodEnergy with you.

GOIL’s Upstream Leap: Anchoring Ghana’s Energy Future at Home

The Group CEO of GOIL PLC, Edward Bawa, has held strategic discussions with the company’s upstream joint venture partners, Planet One. The discussions formed a significant step in GOIL Upstream’s Deepwater Cape Three Points (DwCTP) project, which marks the company’s strategic entry into Ghana’s upstream petroleum sector.

The meeting focused on ensuring full readiness ahead of the exploratory drilling campaign scheduled for next year, with attention on operational preparedness, financing, local content participation, and strict adherence to regulatory and environmental standards.

Mr. Bawa emphasized that the DwCTP project goes beyond exploration, reflecting GOIL’s determination to build local technical capacity, enhance national energy security, and position Ghanaian enterprise at the core of upstream value creation.

He further stressed GOIL’s commitment to working closely with stakeholders such as the Petroleum Commission, GNPC, and host communities to ensure the venture delivers meaningful contributions to Ghana’s energy future.

As Ghana’s leading indigenous integrated energy company, with operations spanning fuels, lubricants, bitumen, and upstream petroleum, GOIL’s bold foray into exploration signals a turning point,  one that underscores the capacity of local enterprise to compete in a highly technical sector while ensuring that the benefits of the country’s oil resources remain anchored at home.

GOIL Expands LPG Storage to Boost Energy Security

GOIL PLC, Ghana’s leading indigenous oil and gas marketing company, has announced plans to add 12,000 metric tonnes of Liquefied Petroleum Gas (LPG) storage capacity within the next year, supported by an investment of $5 million.

The Group CEO and Managing Director, Edward Abambire Bawa, disclosed this during a panel discussion on “Monetising LPG to Enhance the Value of the Barrel in Africa’s Inland Markets” at the Africa Energy Week (AEW) 2025 in Cape Town, South Africa.

Mr. Bawa explained that Ghana’s LPG consumption stood at 340 million kilograms in 2024, yet existing storage infrastructure covers only two to three weeks of national demand. “This storage limitation is both a challenge and a prime investment opportunity. Expanding infrastructure is fundamental to unlocking the full monetisation potential of LPG, benefiting producers, distributors, and end consumers alike,” he stated.

The expansion aligns with GOIL’s broader commitment to infrastructure development. Recent initiatives include the rollout of multiple Autogas stations in five regions, including Accra and Kumasi, and the inauguration of a polymer-modified bitumen terminal in Tema. GOIL currently operates over 438 service stations nationwide, serving diverse consumer segments with fuels, LPG, and lubricants while driving sustainable growth and strategic partnerships.

Mr. Bawa further noted that GOIL is committed to improving access to LPG, especially in rural areas, through well-designed policies, increased investment, and innovative business models such as digital payment solutions tailored to household cash flows.

At the AEW exhibition, GOIL showcased its expanding energy portfolio, highlighting opportunities in Autogas and its two LPG Cylinder Recirculation Plants in Accra and Tema. These facilities provide safe, affordable, and cleaner LPG access to domestic consumers. The company also presented the newly commissioned multi-million-dollar Bitumen plant in Tema, underscoring its contribution to Ghana’s energy and infrastructure sectors.

The panel discussion also featured industry experts, including Mohammed Amin Naderian of the Gas Exporting Countries Forum, Sebastian Wagner of DMWA Resources, and Sesakho Magadla, CEO of PetroSA, who shared perspectives on LPG monetisation across Africa.