oil production
Two Turkish Nationals Kidnapped In Nigeria
Gunmen have kidnapped two Turkish nationals from their hotel in southern Nigeria's oil-rich Akwa Ibom state, police...
Businesses Advised To Hedge Against Cedi Volatility
An Economist for Global Markets at Stanbic Bank, Mr. Ayomide Mejab, has advised local businesses on the need to hedge...
FNB Forecasts 4.5% Economic Growth Lower Than Government’s Projection
First National Bank has said the Ghanaian economy is not likely to expand as much as the government expects, pegging...
Nigeria Pushes To Legalize Illicit Refineries In Restive Delta Oil Region
Nigeria aims to legalize illicit oil refineries in the turbulent Niger Delta region, the vice president's office said...
Oil Price Jumps After US Strike On Syria
The price of oil has hit its highest level for a month in response to the US military's missile attack on a Syrian...
Erdogan Has Command Responsibility For Aiding Terrorism
The infamy of the crimes against humanity carried out by Islamic State is legendary, but the still untold story is how...
Economist Pushes Ghana’s 2017 Growth Down To 6 Percent
Some Economists have projected that Ghana will end this year with 6 percent economic growth, down from the...
Oil Workers Seized By S.Sudan Rebels Freed
Three foreign petroleum engineers abducted by South Sudanese rebels have been released after negotiations brokered by...
Andani Pushes For Measures To Save Cedi
The President of the Ghana Bankers Association, Mr Alhassan Andani, has called on the government to put in the right...
The NDC’s Phantom Optimism For 2020; Signs of Withdrawal Syndrome?
By Kobby Gomez-Mensah Call it withdrawal syndrome or something close to that, but the main opposition National...
Fitch Backs Government’s Growth Target
Ghana's economy is expected to grow by 6.3 per cent in 2017, compared to 3.8 per cent growth rate realised in 2016,...
Global Oil Supplies Up, But OPEC Abides By Output Cut
OPEC countries are complying with a landmark deal to reduce a worldwide glut in oil, but global supplies nevertheless...
Saudi Says ‘committed’ To Oil Market Stability
Saudi Arabia is committed to stabilising the global oil market, the energy ministry of the world's biggest oil exporter...
Hyundai Signs 3 Bn Euro Deal For Iran Oil Project
Hyundai has signed a deal worth three billion euros ($3.2 billion) to invest in a major Iranian oil project, the South...
FirstBanC MD Says 2017 Budget Is Achievable But Warns of Risk Factors
The Managing Director of FirstBanC financial services, Mr. Amenyo Setordzie has observed that although the...
US Increases Imports of Nigerian Crude By 287%
The United States almost tripled the volume of crude oil bought from Nigeria last year, seven years after it began...
East Libyan Forces Target Rival Brigades With Air Strikes Around Oil Ports
East Libyan forces carried out air strikes around major oil ports overnight as they sought to regain control of the...
Armed Faction Enters Major Libyan Oil Ports, Putting Output At Risk
An armed faction entered two major Libyan oil ports on Friday, pushing back forces that captured and reopened the...
Wages, Salaries To Swallow GHC16bn – Ofori-Atta
GHS16billion will be used for wages and salaries alone in 2017, Finance Minister Ken Ofori-Atta has told parliament as...