oil prices

Business

Tullow Eyes New Fields Beyond Jubilee & TEN

Oil exploration company, Tullow is seeking to invest in new exploration opportunities in the country, aside its two...

Headlines

Ford Shakeup Underscores Detroit’s Tech Dilemmas

Ford's decision to oust its CEO is the latest sign of how Silicon Valley technology firms are shaking the foundation of...

Business

BoG Cuts Key Interest Rates

The Bank of Ghana (BoG) has cut its benchmark interest rate by 100 basis points from 23.5 to 22.5 percent, citing a...

Headlines

Iraq Agrees To Nine-Month Extension of OPEC Production Cut

Iraq has agreed to a nine-month extension of a production cut pact among OPEC members that is aimed at boosting crude...

Headlines

Asian Energy Firms Lead Market Gains On Hopes For Oil Ouput Cut

Energy shares led a broad rally across Asian markets on Monday as oil prices were boosted by growing hopes that an...

Headlines

Saudi Minister Confident of Oil Cut Extension

Saudi Arabia's energy minister expressed confidence on Sunday of extending a global cut in oil production designed to...

International

Russia’s Economy Is On the Mend

Russia is heavily dependent on oil exports and was hit hard when crude prices started to crash The country is...

Headlines

Trump Starts Foreign Tour In Saudi As Scandals Mount At Home

US President Donald Trump landed in Saudi Arabia Saturday for the start of an eight-day foreign tour, taking his first...

Headlines

Trump Aims To Mend Muslim Ties On First Foreign Trip

US President Donald Trump will seek to rebuild relations with the Muslim world on his first foreign trip starting...

Headlines

US Oil Output Back Near Records, Challenging OPEC

American oil production is approaching record levels again, led by shale projects, potentially foiling efforts by OPEC...

Business

I’m Impressed With GOIl’S Growth – New Board Chair

The newly appointed Board Chairman of oil marketing giant GOIL Kwamena Bartels has described the indigenous firm as a...

News

Fitch Upgrades Ghana Outlook To Stable

Fitch ratings agency upgraded Ghana’s outlook to stable on Friday and said the government was making progress in...

Business

Fitch Upgrades Ghana’s Outlook To Stable; Says Government Making Progress

Fitch ratings agency has on Friday upgraded Ghana’s outlook to Stable. Fitch says Ghana is making progress in...

Business

Gov’t Fights Punitive Cost of Remitting Money

The Ministry of Finance is hopeful that a US$2.6 million Remittance Grant Facility (RGF) secured from the Switzerland...

News

Gov’t Targets 5% Charge On Remittances By 2020

The Ministry of Finance says it is reducing remittances charges to 5 per cent. According to the World Bank’s Send...

Business

Government Targets 5% Charge On Remittances By 2020

The Ministry of Finance says it is reducing remittances charges to 5 per cent. According to the World Bank’s Send...

International

Oil Prices Have Plunged 15% In 3 Weeks

Renewed fears about the oil supply glut have sent crude prices plunging 15% Renewed fears about the oil supply glut...

International

BP Profits Helped By Higher Oil Prices

The recent increase in oil prices has helped BP to record a healthy profit for the three months to March. The $1.4bn...

Headlines

Five Things To Know

Algeria, where legislative elections are to be held on Thursday, has major oil and gas reserves but faces a financial...