oil sector

Headlines

Nigeria’s Ex-Oil Minister Battles Slew of Graft Cases

Nigeria's former oil minister faces charges only at home but her name crops up in a growing number of international...

Headlines

Rwanda’s Essential Oils Offer Big Profits From Little Land

Inside a metal shed in southeastern Rwanda, Nicholas Hitimana brandished a plastic container holding a green liquid:...

News

Akufo-Addo’s Gov’t Has Already Lost Steam – Adongo

The Minority spokesperson on Finance, Isaac Adongo has described the Akufo-Addo government as one that has “lost...

News

Illegal Fuel Trade More Costly Than Galamsey

The Executive Director of the Chamber of Petroleum Consumers of Ghana (COPEC), Duncan Amoah, has suggested that...

Headlines

Egypt Fuel Price Hikes Fan Inflation Fears

Hisham Gaber had been preparing his wedding for months, but started to have second thoughts as inflation in Egypt...

News

3 MDs Arrested For ‘swerving’ NPA and Evading Tax On Diesel

The managing directors of three companies in Tema have been busted for allegedly importing diesel without authority and...

Headlines

Chad Leader Says Glencore Oil Contract Was Irresponsible

Chad President Idriss Deby said Sunday his country had been "irresponsible" in striking oil for cash deals with Swiss...

Business

Demand Accountability On Oil Revenue – ACEP To Ghanaians

The African Centre for Energy Policy (ACEP), an energy-focused think - tank has called on Ghanaians to demand...

Headlines

What’s At Stake In Iran’s Presidential Election?

Iran's presidential election Friday is effectively a choice between moderate incumbent Hassan Rouhani and hardline...

Headlines

Iranians Will Vote For Progress Despite Trump

Iranians will vote to keep opening up to the world despite the "climate of tension" created by US President Donald...

Business

Ecobank Ghana Records 18% Increase In 2016 Revenue

Ecobank Ghana Limited has announced an increase in the bank’s total revenue of GHS1.2 billion for the year 2016,...

Headlines

IMF Says Fiscal Reform Moving Gulf In ‘right Direction’

Oil-exporting Arab states of the Gulf are heading "in the right direction" to plug budgetary gaps thanks to fiscal...

Headlines

Oil Earnings Surge But Some Question Skimpy Investment

Rising crude prices drove huge profits for US oil industry giants, but key figures in the sector have raised concerns...

News

A Decade After Oil Discovery! The Bold Steps, the Mistakes, the Lessons, and the Future

A decade after oil discovery! The bold steps, the mistakes, the lessons, and the future When Ghana discovered...

News

The Bold Steps, Mistakes, Lessons, and the Future

A decade after oil discovery: The bold steps, mistakes, lessons, and the future The country appeared to have lost...

Headlines

Watchdogs Allege Shell Knew About Nigeria Oil Kickbacks

Corruption watchdogs alleged Monday that Shell executives knew that money earmarked for a controversial oil deal was...

Top Stories

Railway Ministry To Launch Community-Based Development Project

The Minister of Railways Development, Joe Ghartey says his outfit has plans to launch a Community-Based Railway...

International

The Billionaires Club Shrank By 283 Last Year

The billionaire population took a hit last year, declining 3.1% from its record high in 2015, according to a report...

Business

Address Fundamentals Before Implementing Growth Initiatives

The Institute for Fiscal Studies (IFS), says government must focus on addressing the macro-economic fundamentals before...