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...
The country has “not fared well” in electricity deals it has signed with private sector entities, President Nana Akufo-Addo has said, pledging to reverse the situation and ensure that the country...
About 50 billion dollars is said to be leaving Africa each year, according to the Thabo Mbeki led High Level Panel report on illicit financial outflows from the continent in 2015. Majority of these...
Governments in West Africa are taking action to stop the import of fuel with dangerously high levels Ghana and Nigeria are the first countries to respond to reports of European companies exploiting...
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...
Total Petroleum Ghana Limited, the Oil Marketing Company which has been known over the years for its quality lubricants, has launched two new lubricant products in the Total Quartz range: Total...
Total Petroleum Ghana Limited has rolled out two new lubricant products in the Total Quartz range – Total Quartz INEO MC3 5W30 and INEO Long Life 5W30. Speaking at the launch that gathered...
History beckons on Accra Hearts of Oak when they clash with arch rivals, Kumasi Asante Kotoko, on Sunday to play in a two-legged Anniversary match slated for the Accra Sports Stadium and the Baba...
Ghanaian civil society groups within the tax space have urged Parliament to investigate tax waivers granted a China Petrochemical Corporation, the SINOPEC Group, through an Engineering, Procurement,...
A decade after oil discovery! The bold steps, the mistakes, the lessons, and the future When Ghana discovered hydrocarbons in commercial quantities a decade ago in 2007 under the erstwhile Kufour...
The cedi outperformed the U. S dollar and the euro but depreciated versus the British pound at the close of trading in the week ending April 21. It recorded a 1.13 per cent appreciation against the...
Signs are mounting that US President Donald Trump's administration may stay in the landmark Paris climate change accord of 2015, under pressure from big business and public support for the agreement....
Globe Productions in partnership with the National Ambulance Service presents Playwright Latif Abubakar’s much anticipated ninth stage play ‘Judas and Delilah’ scheduled for 6th and 7th May,...
Thirteen big businesses, including oil giant Shell and retailer Walmart, on Wednesday urged US President Donald Trump to keep the United States in the Paris Agreement on climate change. The deal...
A decade after oil discovery: The bold steps, mistakes, lessons, and the future The country appeared to have lost momentum following the 2009 political transition When Ghana discovered hydrocarbons...
Chamber of Petroleum Consumers Ghana (COPEC-GH) has adjudged Goil, a Ghanaian owned oil company with the largest Market share, as the overall best oil marketing company (OMC) for 2016. This award is...
The political and economic crisis in Venezuela is costing US companies dearly, as General Motors can attest following the unexpected nationalization of its plant there. The big auto-maker shut down...
Nigerian commander Remi Fadairo points to the roiling plume of black smoke blotting the morning horizon in the Niger Delta -- the unmistakable sign of an illicit oil refinery. "Let's see if we can go...
Recently, the salary levels of some Chief Executive Officers (CEOs) of some state-controlled corporations in Ghana have come under quite a bit of public scrutiny. What has been in short supply is a...
US Vice President Mike Pence announced $10 billion in deals between American and Indonesian companies during a visit to Jakarta Friday, as he pushed for greater access to Southeast Asia's top...