The price of oil has plummeted by about 5%, despite oil-producing nations agreeing to extend production cuts for a further nine months. Meeting in Vienna, energy ministers from both Opec and non-Opec...
President Donald Trump's budget released Tuesday proposed radically downsizing the US Strategic Petroleum Reserve, arguing that America's shale boom has lessened the need for an emergency stockpile....
Iraq has agreed to a nine-month extension of a production cut pact among OPEC members that is aimed at boosting crude prices, the country's oil minister said on Monday. "We are in agreement with the...
The Deputy Minister for Information Kojo Oppong-Nkrumah has stated that a piecemeal approach towards settling Ghana’s energy legacy debt is not the solution to the problems of the sector. He...
The oil price has fallen to a five-month low as investor concerns resurface about a worldwide glut. Brent crude dropped by more than $2 on Thursday to below $49 a barrel, hitting its lowest level...
The recent increase in oil prices has helped BP to record a healthy profit for the three months to March. The $1.4bn (£1.1bn) profit, on the replacement cost measure, compared with a $485m loss a...
Lawyer Philip Addison, the leader of the 17-member committee, tasked by the Minister of Energy; Boakye Agyarko to investigate the Ameri Group agreement, but got hugely compromised, is desperately...
Vice President, Dr. Mahamudu Bawumia, has re-echoed the NPP government’s plan to make Ghana an investment destination for investors as it commits to maintaining economic stability. At a gathering...
Rising crude prices drove huge profits for US oil industry giants, but key figures in the sector have raised concerns about low investments in exploration and production. They warn that continued...
Actress and Movie Producer Yvonne Nelson claims Chief Executive Officers of Ghanaian companies would rather ask for lunch instead of helping the entertainment industry in Ghana. During a rant on...
Actress and Movie Producer Yvonne Nelson claims Chief Executive Officers of Ghanaian companies would rather ask for lunch instead of helping the entertainment industry in Ghana. During a rant on...
Vice President Dr Mahamudu Bawumia has assured Ghanaians in Diaspora that the Government was committed to making Ghana the most preferred destination and business-friendly economy on the African...
Constant fuel shortages and insufficent infrastructure have brought about a "humanitarian crisis" for Palestinians in the Hamas-ruled Gaza Strip, the World Bank said on Thursday. In a report ahead of...
Vice President Dr Mahamudu Bawumia has shared government’s roadmap for revitalising the economy with Ghanaians living in London and Washington D. C. and other stakeholders in the United States of...
The Vice President Dr. Mahamudu Bawumia Saturday declared the mission of the Akufo-Addo government is to make Ghana the most successful and business friendly economy in Africa. He said this before a...
Government has commenced the process to sell thermal plants belonging to the Volta River Authority (VRA) to Independent Power Producers (IPP). The move, according to the deputy Finance Minister Kwaku...
Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed for the first six months of the year in order to achieve the desired rebalancing...
Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed for the first six months of the year in order to achieve the desired rebalancing...
Minority Members of Parliament are currently demanding that the activities of the Philip Addison Committee which is reviewing the allegedly overpriced Ameri Power Deal be investigated by the...
Minority Members of Parliament are currently demanding that the activities of the Philip Addison Committee which is reviewing the allegedly overpriced Ameri Power Deal be investigated by the...
