The Jubilee FPSO will be shut down for about three months from next year, some partners on the Jubilee Field told JOYBUSINESS. Sources say the shutdown will happen between February to July in 2017....
Every economy managed according to the rules of capitalism may experience boom, recession or depression. Nigeria’s current recession has been in the pipeline to burst anytime the shallowness of her...
The Producer Price Inflation (PPI) rose to 10.3 per cent year-on-year in July 2016 from the 7.6 per cent recorded in the previous month. According to the Ghana Statistical service, the 2.7 per cent...
I have observed an error under the Sun; a repeated error. It is an error to think that dating is marriage and mistake a boyfriend for a husband. It indeed is an error to overstep the boundaries of a...
Libreville (AFP) - Gabon's president Ali Bongo was set to be declared winner of last weekend's contested election, electoral commission members said Thursday, in a result that risks inflaming...
Libreville (AFP) - Gabon's president Ali Bongo was declared winner Thursday of contested weekend elections, extending half-a-century of rule by the Bongo family which sparked clashes in the Central...
Libreville (AFP) - Angry protesters torched Gabon's parliament Wednesday after President Ali Bongo was declared winner of what he claimed was a "peaceful and transparent" election, but which the...
Oil and gas are the buzzwords in East Africa as countries try to outdo each other in getting their hydrocarbons out of the ground and into the market. Last week, Tanzanian President John Magufuli...
The erratic power supply situation that Ghana suffered for almost four years affected several businesses including UT Bank, Prince Kofi Amoabeng, founder of UT Holdings, has said. Speaking in an...
Fugro has completed a 33-month period of metocean data acquisition for Hess Ghana Exploration Limited, an indirect wholly owned subsidiary of Hess Corporation and leading independent energy company...
“Dumsor,” the term most people use to describe the erratic power supply that has hit the country in recent years, will soon vanish from the Ghanaian vocabulary, the acting Minister of Power, Mr...
President John Mahama says he will not declare a return to load shedding despite admitting there are challenges with power supply in the country. Addressing Muslims on the occasion of Eid al-Fitr,...
Prices of petroleum products are likely to go up by three per cent at the pump from today June 1, the Chamber of Petroleum Consumers Ghana (CPCG) has projected.
Executive Secretary of the Chamber of...
The 125-megawatts power barge is expected to consume about 30,000 metric tonnes of Heavy Fuel Oil (HFO) every month at a cost of between $7 million and $9 million, depending on current crude oil...
The emerging markets are challenging developed countries by producing innovative business services and products, for less cost than western nations. Countries in Africa, including Ghana, have emerged...
The amount of crude oil being stolen from Nigeria daily exceeds what Ghana produces in a day, the vice-presidential candidate of the All Progressives Congress (APC) claims.
Ghana produces about 120,...
The Minority says it will reject the 17.5 per cent petroleum tax which government is threatening to pass under a certificate of urgency.
The Minister of Finance Seth Terkper announced the newly...
By Camillus Eboh
(ABUJA,Reuters) - Nigeria expects economic growth for 2015 to reach 6.75 percent, an improvement on this year's forecast of 6.2 percent, despite the risks posed by falling global oil...
The Director-General of the Ghana Ports and Harbours Authority (GPHA), Mr. Richard Anamoo, says a Greek Oil vessel, MT Fair Artemis, hijacked by pirates off Ghana’s waters in June this year has...
