US Secretary of State Rex Tillerson on Thursday wrapped up a four-day mission to the Gulf with little sign of progress in resolving the diplomatic crisis pitting Saudi Arabia and its allies against...
European and US stocks scored solid gains Wednesday, with the Dow ending at a fresh record, as investors welcomed congressional testimony by Federal Reserve Chair Janet Yellen reiterating the pledge...
US Secretary of State Rex Tillerson, touring the crisis-hit Gulf for a round of intense shuttle diplomacy, arrived in Saudi Arabia Wednesday for talks with four Arab states boycotting Qatar....
A US appeals court rejected an effort by ExxonMobil Tuesday to enforce a $188 million judgment against Venezuela for the 2007 nationalization of the company's heavy oil operations in that country....
The Executive Director of the Chamber of Petroleum Consumers of Ghana (COPEC), Duncan Amoah, has suggested that illegalities in the sale of contaminated fuel is more costly than illegal mining...
The Chamber of Petroleum Consumers of Ghana (COPEC), has alleged that some illegal fuel dealers are harbouring the supposed contaminated fuel belonging to the Bulk Oil Storage and Transportation...
US Secretary of State Rex Tillerson arrived in Qatar Tuesday for talks on the Gulf diplomatic crisis as leaks of secret agreements between regional powers triggered fresh tensions. Hopes of a...
Some powerful state actors are involved in the recent $5 million litres contaminated fuel are working vigorously to cover the rot at the Bulk Oil Storage and Transportation Company (BOST). That is...
US Secretary of State Rex Tillerson arrives Monday in Kuwait, the key mediator between Qatar and its Arab neighbours, for talks aimed at defusing the Gulf's worst crisis in years. Tillerson will...
President Nana Akufo-Addo, as well as other power stakeholders have revealed that the newly commissioned Floating Production Storage and Offloading Vessel (FPSO) named after former President John...
Chief Executive Officer of Ghana National Petroleum Commission (GNPC), Dr. Kofi Kodua Sarpong has hinted of plans by GNPC to venture into the production of fertilizer, ethanol and other petrol...
Pakistan on Friday ordered Shell Pakistan to pay at least $2.4 million in compensation after more than 200 people were killed when one of its tankers overturned and exploded in a devastating inferno...
President Nana Akufo-Addo has commissioned Ghana’s third oil Floating Production Storage and Offloading (FPSO) vessel named after former President John Agyekum Kufuor. Watched on by a line-up of...
The President ,Nana Akufo-Addo has commissioned the Floating Production Storage and Offloading Vessel (FPSO) John Agyekum Kufuor to formally kick-start the production of oil in commercial quantities...
President Nana Addo Dankwa Akufo-Addo is expected to turn the valve on the Floating Production Storage and Offloading (FPSO) barge – named after former president John Agyekum Kufuor – offshore...
Nigerian lawmakers on Wednesday said former president Goodluck Jonathan should give evidence at an inquiry into an oil block deal that has become a shorthand for endemic graft. The probe centres on...
Petroleum-linked shares tumbled early Wednesday, on lower oil prices, pressuring US stocks, while some big technology shares were modestly positive. ExxonMobil and Chevron were among the biggest...
Energy giant Shell said it is removing life-sized cutouts of a Malaysian woman in a headscarf from its petrol stations in the Muslim-majority country after photos of men groping the figure started...
Rising oil prices and investor appetite for financial stocks helped boost most major US and European equities on Monday while the dollar rebounded on exchange markets ahead of the July 4 holiday in...
When Iran signed its landmark deal with world powers in 2015, curbing its nuclear programme in exchange for sanctions relief, many expected an investment gold rush. But despite thousands of business...
