A deputy Minister of Energy Mohammed Amin Adams has told the Jubilee Partners government will not entertain too many shutdowns of the Floating Processing Storage and Offloading FPSO vessels. He said...
President Nana Addo Dankwa Akufo-Addo on Thursday announced that a pilot survey in the Voltaian basin for possible onshore oil discovery, has established the “presence of a working petroleum...
US petroleum giants ExxonMobil and Chevron reported big jumps in second-quarter profits Friday, the latest boost from a recovery in oil prices that still feels shaky to many industry officials....
Tullow Oil has posted a loss after tax of 300 million dollars for the first half of this year. The figure represents a decrease of 270 million dollars compared to the 30 million dollars profit after...
Sri Lanka deployed troops and police to distribute fuel Wednesday as striking petroleum workers protested over plans to sell off stakes in state-owned oil depots to India and China. The indefinite...
SRI EMAS Limited (SEL), the company responsible for the complete subsea architecture installation including Structures, Flowlines, Umbilical and Risers for the FPSO Kufuor has expressed its joy...
The Ghana National Petroleum Corporation, GNPC, has appealed to President Akufo Addo to intervene and grant the necessary approval in the proposed oil exploration activities in the Voltaian basin....
Chief Executive Officer of Ghana National Petroleum Commission (GNPC), Dr. Kofi Kodua Sarpong has hinted of plans by GNPC to venture into the production of fertilizer, ethanol and other petrol...
The President ,Nana Akufo-Addo has commissioned the Floating Production Storage and Offloading Vessel (FPSO) John Agyekum Kufuor to formally kick-start the production of oil in commercial quantities...
President Nana Addo Dankwa Akufo-Addo is expected to turn the valve on the Floating Production Storage and Offloading (FPSO) barge – named after former president John Agyekum Kufuor – offshore...
Asian energy firms sank Thursday following a plunge in oil prices while equity traders remained on edge after North Korea's latest missile test and warnings from the US it would use force to deal...
The National Petroleum Authority (NPA) says it is intensifying its monitoring operations at retail outlets of petroleum products to arrest the recent phenomenon of contaminated fuel. Reports of the...
The National Petroleum Authority, (NPA), has confirmed that the two companies alleged to have purchased the over the sale of 5 million litres of contaminated fuel under suspicious circumstances from...
The Ghana National Petroleum Company (GNPC) has denied allegations made by the Public Interest and Accountability Committee (PIAC) that oil revenues were understated in 2016, arguing that, monitoring...
Asian markets limped into the weekend, with energy firms still struggling after a bruising few days, while investors eye Donald Trump's revised healthcare bill hoping its success will open the way...
The African Center for Energy Policy (ACEP) has opposed calls for Ghana to hedge its oil against global price fluctuations. According to the Executive Director of ACEP, Benjamin Boakye, the move will...
Oil production dipped by some 13.7percent in 2016, from 37.41million barrels in 2015 to 32.30 million barrels, in spite of the coming of stream of the TEN field in August 2016 to augment production...
The local fuel market in the first Pricing-window in June 2017 recorded interesting turn of events. Prices were projected by Institute of Energy Security () to rise up to 4% based on global oil...
The local fuel market in the first Pricing-window in June 2017 recorded interesting turn of events. Prices were projected by Institute of Energy Security (IES) to rise up to 4% based on global oil...
The leadership of the Palestinian Authority has agreed to halt payments to the families of suicide bombers, US Secretary of State Rex Tillerson said Tuesday. Compensation payments to the families of...
