oil production
Facts About Bawumia’s Report Published By World Bank
World Bank has recently published an academic paper written by the Vice President, Alhaji Dr. Mahamudu Bawumia on...
Tullow Records $ 300m Loss After Tax In 2017 First Half
Tullow Oil has posted a loss after tax of 300 million dollars for the first half of this year. The figure represents a...
10 Kidnapped On Nigeria Oil Exploration Mission
Gunmen believed to be Boko Haram Islamists have kidnapped 10 members of an oil exploration team in northeast Nigeria,...
Shell Shuts Down Key Supply Pipeline In Nigeria
Anglo-Dutch energy giant Shell said Tuesday it has shut down a key crude supply pipeline in Nigeria's restive south...
Libya’s NOC Sees 1.25 Mln Bpd Oil Output By Year-End
The head of Libya's National Oil Company announced on Wednesday that oil production is expected to reach 1.25 million...
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...
Congo Votes For Parliament With Opposition Calling Foul
Voters went to the polls in legislative elections in the oil-rich Republic of Congo on Sunday, the first since a...
Opposition Cries Foul As Congo Votes For Parliament
Congo voters go to the polls Sunday in legislative elections in the oil-rich African country, the first since...
Procurement Delays Impeding New Oil Explorations – GNPC CEO
The Ghana National Petroleum Corporation, GNPC, has appealed to President Akufo Addo to intervene and grant the...
We Will Manage Oil Revenue To Benefit All – Nana Addo
President Akufo Addo has committed to the efficient use of Ghana’s oil revenue to give value for money and protect...
IS Has Lost 60% of Territory, 80% of Revenue
The Islamic State group has lost more than 60 percent of its territory and 80 percent of its revenue, an analysis firm...
PIAC Seeks Insurance Against Volatile Oil Prices
Public Interest and Accountability Committee (PIAC) wants government to consider hedging a portion of Ghana’s share...
Oil Revenue Not Understated — GNPC
The Ghana National Petroleum Company (GNPC) has denied allegations made by the Public Interest and Accountability...
Possible Price Drop In Commodity-Based Stocks In the Short Term
Continuous dip in some key commodity prices on the world market is likely to impact the output of certain...
Ghana Has Not Benefited From Oil Find – GIGS Cries Foul
The Ghana Institute of Governance and Security (GIGS) claims the country has not benefited enough from its oil find, 10...
10 Yrs After Oil Discovery, PIAC Member Laments Nation’s Failure In Properly Managing Resource
Co-chair of the Ghana Extractives Industry Transparency Initiative (GHEITI) Dr. Emmanuel Steve Asare Manteaw, who is...
Oil Production Drops By 5.11 Million Barrels
Oil production dipped by some 13.7percent in 2016, from 37.41million barrels in 2015 to 32.30 million barrels, in spite...
Bank of Nigeria Predicts Massive Growth In 3rd Quarter
Nigeria’s troubled economy will record tremendous improvement by the third quarter of the year, the Central Bank of...
Ministers Paint Stark Picture of Syria Economy
With oil production at its lowest in years, a total halt in phosphate exports and power generation sharply reduced,...