Strategic Mobilisation Ghana Limited (SML) has strongly condemned what it describes as an “unwarranted and unjustified” raid by the Office of the Special Prosecutor (OSP), which it claims threatens the continuity of a critical national revenue assurance system.
Operatives from the Office of the Special Prosecutor (OSP) and National Security have raided the Osu and Tema offices of Strategic Mobilization Ghana Limited (SML) yesterday morning, escalating a bitter dispute over revenue collection in the nation’s petroleum sector that industry sources claim is being orchestrated by entrenched oil cartels.
Saudi Arabia set its flagship Arab Light crude oil official selling price (OSP) to Asia at plus $2.40 versus Oman/Dubai average for July, a document seen by Reuters showed on Wednesday.
The Chamber of Petroleum Consumers (COPEC) and the Institute for Energy Security (IES) have urged the National Petroleum Authority (NPA) to shut down the Chinese Sentuo Oil Refinery over alleged illegal operations.
A recent investigation by the Centre for Climate Reporting and Channel 4 News showed Saudi officials saying they were trying to artificially increase oil demand in some markets