oil producer

Headlines

Nigeria and the Hunt For Oil In Boko Haram’s Heartland

Nigeria is reviving its search for oil in the country's conflict-riven northeast, aided by China and emboldened by...

Headlines

‘Venezuela Is A Mess,’ Says Trump

US President Donald Trump said Thursday he was saddened by the crisis in Venezuela, where waves of anti-government...

International

Security Forces In Congo Republic Kill 15 Rebel Fighters

Security forces in Congo Republic have killed around 15 rebel fighters during a military operation in the central...

International

Can Nigeria Clean Up Its Dirty Air?

Stand anywhere in Lagos and you can see the thunderous traffic, which gives this city an energy and intensity quite...

International

Gabon Opposition Rejects President’s Call For Talks To Ease Tensions

Gabonese President Ali Bongo has offered to hold talks with opposition parties in an apparent bid to ease tensions over...

Headlines

UN Security Council Visit To Draw Attention To Lake Chad Crisis

UN Security Council envoys on Thursday travel to Africa's Lake Chad region, where famine, the Boko Haram insurgency,...

International

Less Than 1% of Nigeria’s Currency Is Fake – Central Bank

This is in response to a claim by a former deputy CBN chief who said 20% of the currency used by Africa’s most...

Business

Tullow Records Losses In 2016 As Jubilee Field Shuts Down For 12 Weeks

For the third consecutive year, Tullow Oil plc has, at the end of 2016, reported an operating loss of $754.7 million,...

International

Equatorial Guinea Has Applied To Join OPEC

This would bring the oil producer group's membership to 14 countries Equatorial Guinea has now applied to join the...

International

Oil Prices Rise

Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to...

International

Oil Jumps 1.7 Percent, Adds To Year’s Gains Ahead of OPEC Cuts

Oil jumped 1.7 percent Tuesday, continuing its year-end rally with support from expectations of tighter supply once the...

International

Oil Price Soars As Opec Agrees Output Cut

Saudi Arabia agreed to cut output by about 500,000 barrels per day - a total reduction of 4.5%. The oil cartel Opec has...

Business

Oil Extends Slide Below $46 On Skepticism Over Opec Output Deal

Oil extended declines to slip below US$46 a barrel amid skepticism over OPEC’s ability to reach an agreement to cut...

International

Russia’s Putin Fires Economy Minister Over Bribery Charges

Putin was informed about the case when the investigation was first launched against Ulyukayev. Russian President...

Business

Stanbic Bank Looks Out For High Net Worth Clients

The Group Chief Executive Officer (CEO) of the Standard Bank Group, Mr Sim Tshabalala, has described Ghana's stable and...

Top Stories

2017 Is For Prosperity

Ghana is going to be a country that will flourish with wealth in 2017 if President John Mahama is maintained for a...

Opinion

Nigeria Sues Foreign Oil Giants For Export Fraud

LAGOS, Nigeria — Nigeria is suing several leading oil companies for $12.7 billion of crude oil that allegedly was...

Top Stories

Why Ghana Gov’t Needs To Rethink Too Many Eurobond Issues

Why Ghana gov't needs to rethink too many Eurobond issues Introduction There are several advantages that Eurobond...

Business

Ghana Could Be Africa’s Fourth Biggest Oil Producer By 2020

Ghana could become the fourth biggest oil produc­er in sub-Saharan Africa by 2020 once two new offshore fields come on...