The President, Nana Addo Dankwa Akufo-Addo, has described the Atuabo Gas Plant as a critical piece of infrastructure that will aid in the transformation of the Ghanaian economy, because “so much of...
The Vice President of the policy think tank IMANI Ghana has described moves by the National Road Safety Commission to impose a compulsory towing levy on vehicle owners as senseless. In a skype...
US petroleum giants ExxonMobil and Chevron reported big jumps in second-quarter profits Friday, the latest boost from a recovery in oil prices that still feels shaky to many industry officials....
ExxonMobil saw its second-quarter profits nearly double from the year-ago period due to higher oil prices and better refining margins, the company reported Friday. Net income jumped to $3.4 billion,...
US Secretary of State on Wednesday Rex Tillerson denied suggestions that he plans to resign because of disagreement with the White House. "I'm not going anywhere," Tillerson told reporters said as...
Sri Lanka deployed troops and police to distribute fuel Wednesday as striking petroleum workers protested over plans to sell off stakes in state-owned oil depots to India and China. The indefinite...
Top US diplomat Rex Tillerson does not plan to step down, the State Department said Tuesday, quashing reports citing differences with the White House. Since taking the helm of the State Department in...
The US House of Representatives will vote Tuesday to slap new sanctions against Russia, a move that limits President Donald Trump's ability to tinker with the penalties and has also triggered uproar...
Anglo-Dutch energy giant Shell said Tuesday it has shut down a key crude supply pipeline in Nigeria's restive south because of a leak. Shell subsidiary the Shell Petroleum Development Corporation of...
The US House of Representatives votes Tuesday to slap new sanctions against Russia, a move that limits President Donald Trump's ability to tinker with the penalties and has also triggered uproar in...
The Chamber of Petroleum Consumers says it will go any length to ensure that there are no longer delays in the implementation of the new national fuel sulphur standards which have been missed three...
Nigeria's former oil minister faces charges only at home but her name crops up in a growing number of international cases that lift the lid on the scale of alleged corruption in the country's oil...
Former Power Minister, Dr Kwabena Donkor says he is battling with blood pressure and diabetes as a result of the pressure that came with his work. He told Lexis Bill on Joy FM’s Personality Profile...
Total Petroleum Ghana has been rewarded with two prestigious awards by the Chamber of Petroleum Consumers (COPEC) Ghana. The awards; Best Customer Service 2016 and Best Brand (Environment / Safety)...
Indian oil-to-telecom conglomerate Reliance Industries's first-quarter consolidated profit jumped 28 percent Thursday, pumped up by higher margins from its core oil refining business, the group said,...
The United States on Thursday hit oil giant ExxonMobil with a $2 million fine for violating Ukraine-related sanctions, at a time when Secretary of State Rex Tillerson was still in charge of the...
A Nigerian court has ordered the temporary forfeiture a $37.5 million property belonging to the country's ex-oil minister, with prosecutors alleging it was bought with ill-gotten funds. Judge Chuka...
Nigeria is reviving its search for oil in the country's conflict-riven northeast, aided by China and emboldened by gains made against Boko Haram. President Muhammadu Buhari's government is exploring...
Top newspaper the Philippine Daily Inquirer said Monday its owners are in talks to sell the publication, months after President Rodrigo Duterte threatened a shame campaign against them over critical...
SRI EMAS Limited (SEL), the company responsible for the complete subsea architecture installation including Structures, Flowlines, Umbilical and Risers for the FPSO Kufuor has expressed its joy...
