Petroleum industry
Onshore Oil Exploration In the Voltaian Basin Yielding Dividends
President Nana Addo Dankwa Akufo-Addo on Thursday announced that a pilot survey in the Voltaian basin for possible...
Higher Oil Prices Boost ExxonMobil, Chevron Earnings
US petroleum giants ExxonMobil and Chevron reported big jumps in second-quarter profits Friday, the latest boost from a...
Tullow Records $ 300m Loss After Tax In 2017 First Half
Tullow Oil has posted a loss after tax of 300 million dollars for the first half of this year. The figure represents a...
Sri Lanka Deploys Troops Amid Oil Workers Strike
Sri Lanka deployed troops and police to distribute fuel Wednesday as striking petroleum workers protested over plans to...
SRI EMAS Touts Role In Start of Oil Production At Cape Three Points
SRI EMAS Limited (SEL), the company responsible for the complete subsea...
Procurement Delays Impeding New Oil Explorations – GNPC CEO
The Ghana National Petroleum Corporation, GNPC, has appealed to President Akufo Addo to intervene and grant the...
GNPC To Go Into Fertilizer, Ethanol Production – CEO Reveals
Chief Executive Officer of Ghana National Petroleum Commission (GNPC), Dr. Kofi Kodua Sarpong has hinted of plans by...
Nana Addo Commissions FPSO Kufuor
The President ,Nana Akufo-Addo has commissioned the Floating Production Storage and Offloading Vessel (FPSO) John...
Akufo-Addo Turns Valve On FPSO John Agyekum Kufuor
President Nana Addo Dankwa Akufo-Addo is expected to turn the valve on the Floating Production Storage and Offloading...
Energy Firms Hit By Oil Dive, N.Korea Crisis Fuels Uncertainty
Asian energy firms sank Thursday following a plunge in oil prices while equity traders remained on edge after North...
NPA Intensifies Monitoring Activities Over Contaminated Fuel
The National Petroleum Authority (NPA) says it is intensifying its monitoring operations at retail outlets of petroleum...
Companies In ‘suspicious’ Contaminated Fuel Sale Unlicensed – NPA
The National Petroleum Authority, (NPA), has confirmed that the two companies alleged to have purchased the over the...
Oil Revenue Not Understated — GNPC
The Ghana National Petroleum Company (GNPC) has denied allegations made by the Public Interest and Accountability...
Asia Markets End Week On Quiet Note As US Healthcare Bill Returns
Asian markets limped into the weekend, with energy firms still struggling after a bruising few days, while investors...
ACEP Opposes Hedging, Wants Stabilization Fund Fortified
The African Center for Energy Policy (ACEP) has opposed calls for Ghana to hedge its oil against global price...
Oil Production Drops By 5.11 Million Barrels
Oil production dipped by some 13.7percent in 2016, from 37.41million barrels in 2015 to 32.30 million barrels, in spite...
Ghana Projects Slight Drop In Fuel Price
The local fuel market in the first Pricing-window in June 2017 recorded interesting turn of events. Prices were...
Local Fuel Prices To Drop Slightly
The local fuel market in the first Pricing-window in June 2017 recorded interesting turn of events. Prices were...
Palestinians To End Pay For Suicide Bomber Families
The leadership of the Palestinian Authority has agreed to halt payments to the families of suicide bombers, US...