Oil exploration company, Tullow is seeking to invest in new exploration opportunities in the country, aside its two major projects, Jubilee and Tweneboa- Enyera- Ntomme (TEN) fields. The new...
Ford's decision to oust its CEO is the latest sign of how Silicon Valley technology firms are shaking the foundation of the American auto industry. The removal of Mark Fields after just three years...
Oil producers inside and outside the OPEC cartel have little choice but to extend their deal from late 2016 curbing output when they meet in Vienna on Thursday, analysts say. Less predictable however...
China sought to dispel concerns about its ambitions in mineral-rich Antarctica on Monday, with an official saying Beijing has no plans to start mining in the vast continent. China's expanding...
The Bank of Ghana (BoG) has cut its benchmark interest rate by 100 basis points from 23.5 to 22.5 percent, citing a downward trend in inflation towards medium term targets. The BoG has set eight plus...
Iraq has agreed to a nine-month extension of a production cut pact among OPEC members that is aimed at boosting crude prices, the country's oil minister said on Monday. "We are in agreement with the...
The Director of Communications at the Presidency, Mr Eugene Arhin, has described President Nana Addo Dankwa Akufo-Addo’s visit to Senegal, Guinea and Cape Verde as productive. He said the visit...
Saudi Arabia and the United Arab Emirates have pledged $100 million to a women's business fund supported by Ivanka Trump, daughter of the president who Monday wound up a visit to Riyadh. World Bank...
China on Monday sidestepped claims by Philippine President Rodrigo Duterte that it had threatened to go to war over the disputed South China Sea. Duterte, who met with Chinese President Xi Jinping...
The Ghana Export Promotion Authority (GEPA) is targeting $4 billion in non-traditional export (NTEs) earnings for 2017. The target represents a big leap from the $2.463 billion recorded in 2016....
Energy shares led a broad rally across Asian markets on Monday as oil prices were boosted by growing hopes that an OPEC-led output cut will be extended by another nine months. With the deal agreed...
ENI has started production from the Offshore Cape Three Points ahead of the August 2017 schedule Ghana’s third independent oil and gas field operated by Italian oil giant, Ente Nazionale...
US President Donald Trump held talks on Sunday with leaders of the oil-rich Gulf monarchies, a day after Washington told their arch rival Iran to dismantle its "network of terrorism". The meeting on...
Russia is heavily dependent on oil exports and was hit hard when crude prices started to crash The country is recovering nicely from a recession and should see economic growth of 1.4% this year,...
The Board of Directors of Ghana Oil Company Limited (GOIL) has recommended a dividend payment of Gh?0.025 per share this year, which was unanimously approved by shareholders at the 48th Annual...
West African schoolgirls, some not yet teenagers, have taken a starring role at an engineering competition in Senegal, busting stereotypes with robotics expertise and innovative projects for their...
Ghana Oil Company Limited (GOIL), has recorded an impressive performance in 2016 despite increasing competition and a fall in general consumption of fuel. The largest Indigenous oil marketing company...
Standing at the gate of his house in Iraq's war-torn city of Mosul, Muwaffaq al-Obeidi watches as waves of displaced residents pass by, away from the crackle of automatic gunfire. The battle for...
Philippine President Rodrigo Duterte said Friday China's leaders told him they were prepared to go to war over competing claims in the South China Sea. Duterte, who met with Chinese President Xi...
American oil production is approaching record levels again, led by shale projects, potentially foiling efforts by OPEC to support prices. Oil prices were boosted this week after Saudi Arabia and...
