oil production
Oil Price Plummets Despite Deal To Extend Output Cut
The price of oil has plummeted by about 5%, despite oil-producing nations agreeing to extend production cuts for a...
Trump Budget Proposes Deep Cut To US Oil Stockpile
President Donald Trump's budget released Tuesday proposed radically downsizing the US Strategic Petroleum Reserve,...
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...
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...
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...
Fitch Lauds Progress In the Ghanaian Economy
Ratings agency Fitch has lauded government’s efforts in getting the economy back on track after a recent ‘crisis’...
Nigerian Economy Glimpses Dim Light At End of Tunnel
Suffering from rampant inflation, stalled investment and mass layoffs, Nigeria is still gripped by one of the worst...
Fitch Upgrades Ghana’s Economic Outlook From Negative To Stable
International ratings agency Fitch has revised the outlook on Ghana’s long-term foreign and local currency Issuer...
Oil Price Tumbles To Five-Month Low
The oil price has fallen to a five-month low as investor concerns resurface about a worldwide glut. Brent crude dropped...
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...
Jubilee Fields To Shut Down
The Jubilee Oil field would be shut down again during the second half of this year to allow for the completion of...
Jubilee Fields To Shut Down
The Jubilee Oil field would be shut down again during the second half of this year The Jubilee Oil field would be shut...
10 Years of Oil In Ghana; the Story So Far
It’s been 10 years since Ghana discovered marketable quantities of oil in 2007. We have had our highs and lows. The...
10 Years of Oil In Ghana; the Story So Far [Video]
It’s been 10 years since Ghana discovered marketable quantities of oil in 2007. We have had our highs and lows. The...
Libyan Oil Production Now More Than 760,000 Bpd
Libya's oil production, the country's main source of revenue, rose Monday to more than 760,000 barrels per day for the...
Economy Sinks To 22-Year Low; Grows By Only 3.5% In 2016
The country’s economy last year grew by 3.5 percent, the lowest rate in the past 22 years and the fifth consecutive...
Nigeria Cracks Down On Illicit Oil Refineries
Nigerian commander Remi Fadairo points to the roiling plume of black smoke blotting the morning horizon in the Niger...
Government Urged To Operationalise Petroleum Act
The Africa Centre for Energy Policy (ACEP) is urging government implementing the provisions in the Petroleum...
Oil Output Cuts Pressure Mideast Economic Growth
Economic growth in Saudi Arabia and most other Arab oil exporters will slow this year following production cuts aimed...