oil production

Top Stories

Nigeria’s GDP Fell By 1.5% In 2016

Nigeria’s gross domestic product fell by 1.5 per cent in 2016 due to lower oil revenues, the National Bureau of...

International

Oil Gains As Bullish Bets On Rising Prices Hit Record High

Oil prices rose on Monday as investors showed record confidence in prices rising further, though gains were capped by...

Business

Government Open To Borrow More From IMF – EIU

With government scheduled to open discussions with the International Monetary Fund (IMF) about a possible extension of...

Top Stories

Western Region Deserves 15% Oil Cash

THE long-standing agitation by some chiefs and people of the Western Region for the allocation of 10 percent of oil...

International

Why Is Nigeria’s President Buhari Still In London?

As Nigerian President Muhammadu Buhari was beginning his latest visit to London more than a month ago, a new series of...

International

Iran Sees Oil Output Reaching 4 Million Bpd By April, Aims For 4.7 Million Bpd

Iran said in January its daily output was close to 3.9 million barrels. Iran expects its oil production to reach 4...

Headlines

Libya Still In the Mire As Another Anniversary Passes

Libya's transition has been bogged down by insecurity and chaos, leaving the country looking like a "failed state" six...

Business

Negative Return On Oil Cash Investment

IT has emerged that the performance of the Ghana Petroleum Funds’ portfolios declined in the second of 2016. In an...

Top Stories

Cote d’Ivoire Has No Evidence To Back Its Claims — Ghana

Ghana has opened its second and final round of arguments at the International Tribunal for the Law of the Sea (ITLOS)...

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,...

Business

Tullow Bags $1.3bn

Tullow Oil plc (Tullow), the independent oil and gas exploration and production group, has bagged a full-year revenue...

Business

Third FPSO To Set Sail To Ghana Next Week

Ghana’s third Floating Offloading Production Storage (FPSO) will set sail to Ghana next week after it was officially...

Top Stories

Jubilee Field To Shut Down Today

Oil production on the Jubilee Field is expected to be halted for the next fifteen days beginning today, Friday...

Business

Jubilee Field To Shut Down Today

Oil production on the Jubilee Field is expected to be halted for the next fifteen days beginning today, Friday February...

International

Oil Edges Up On Threat of U.S. Issuing New Iran Sanctions

Oil prices edged up on Friday on news that U. S. President Donald Trump could be set to impose new sanctions on...

Business

“No Dumsor” As Atuabo Shuts Down – Power Producers

The planned shutdown of the Atuabo gas processing plant between February 3 and 20, 2017 will not affect power...

Top Stories

BoG Retains Policy Rate At 25.5%

The Bank of Ghana (BoG) has retained its policy rate at 25.5%. This is due to the fact that the Central Bank views the...

Business

BoG Retains Policy Rate At 25.5%

The Bank of Ghana (BoG) has retained its policy rate at 25.5%. This is due to the fact that the Central Bank views the...

Top Stories

BoG Retains Policy Rate At 25.5%

The Bank of Ghana (BoG) has retained its policy rate at 25.5%. This is due to the fact that the Central Bank views the...