U. S. shale producers are facing their first production cost increase in five years in 2017 as industry activity picks up and energy service providers hike fees to take a bigger share of the profits...
A G20 gathering in Bonn was supposed to herald onto the world stage Washington's new top diplomat, Rex Tillerson, but instead he kept a low profile and even left without the normally de rigueur press...
The Institute for Energy Security (IES) has indicated fuel prices could go up by 3% if government does not take any action to address recent developments in the energy sector. In a statement issued...
The Institute for Energy Security (IES) has indicated that if government does not take any action to address recent developments in the energy sector, fuel prices could go up by three per cent at the...
A court on Thursday ordered $153.3 million allegedly diverted by Nigeria's former oil minister Diezani Alison-Madueke from the state-run oil firm to be handed over to the government. Judge Muslim...
Trading on the Ghana Stock Exchange (GSE) for the second week of February (6-10) hit marginal turbulence and as a result, the benchmark GSE-Composite Index lost 1.1 percent on a week-on-week basis,...
Vivo Energy Ghana, the award-winning company behind the Shell brand in Ghana, has re-opened its Sunyani Bekwae station with additional exciting offerings in its ever-expanding network in Kumasi. This...
Japanese brewer Kirin said Monday it would sell its Brazilian unit to Dutch beer giant Heineken for $706 million, citing a "stagnant and competitive" market. The company said it will transfer all...
In the Weekly Financial Markets Review for the week ending Friday, February 10, 2017, risk appetite was high on the bourse. Also, speculative deals and investor desire to take positions in blue chip...
The Chief Executive Officer of the Ghana National Petroleum Corperation, GNPC, Dr. K. K Sarpong has reaffirmed the Corporation’s commitment to the country that, it would continue to lead the oil...
Claudio Descalzi, chief executive of Eni, has suffered a setback after Italian prosecutors charged him with international corruption following a lengthy investigation into the Italian energy...
Italian prosecutors have reportedly charged Eni and its CEO Claudio Descalzi with international corruption over the controversial acquisition of an offshore block in Nigeria in 2011. Apart from...
The Cocoa Processing Company (CPC) led the gainers for the first week of February trading on the Ghana Stock Exchange (GSE) as it appreciated by half its value +50 percent to close at GHS0.03 per...
Ghana’s legal team is firing a series of salvos against Cote d’Ivoire at the hearing of the maritime boundary dispute between the two countries. According to the lawyers, Cote d’Ivoire was...
Eni announces that the naming ceremony of the “John Agyekum Kufuor” floating production, storage and offloading (FPSO) vessel was held last Friday in Singapore. The FPSO shall operate in...
The increasingly unpredictable French presidential election race unnerved European financial markets on Tuesday, tipping the euro towards its biggest fall this year and driving investors away from...
Eni announces that the naming ceremony of the “John Agyekum Kufuor” floating production, storage and offloading (FPSO) vessel was held last Friday in Singapore. The FPSO shall operate in...
Former president J. A. Kufour has bemoaned Ghana’s inability to capitalise on its oil find to become a nation that rubs shoulders with other oil producing countries. According to him, “although...
Ghana’s third Floating Offloading Production Storage (FPSO) will set sail to Ghana next week after it was officially named by the First Lady, Mrs Rebecca Akufo-Addo, at a colourful ceremony in...
Ghana’s third Floating Production Storage and Offshore (FPSO) vessel has been named after Former President, John Agyekum Kufuor. A statement from the Former President’s office on Wednesday said...
