Petroleum industry

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Oil And Gas Companies Advised To Conduct Studies Into Possible Areas Of Operations

Local service companies in the oil and gas sector have been advised to conduct feasibility studies into areas where...

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FPSO Expected In Ghana By March 2017

Ghana is on course to get an additional 1-gigawatt of power to the national grid once gas production commences on the...

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Oil Prices Dip Awaiting OPECs Cut In Output

Oil prices fell in early trading on Friday, as the market refocused on a persistent fuel supply overhang that is not...

Business

Ghana’s 3rd FPSO To Arrive In March 2017 – ENI

Barring any last minute hitch, the Floating, Production, Storage, Offloading (FPSO) vessel for the Sankofa Gye Nyame...

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World Bank Projects Increment In Oil Price In 2017

The World Bank is raising its 2017 forecast for crude oil prices to $55 per barrel from $53 per barrel. It explained...

Business

World Bank Raises Oil Price Forecast For 2017

The World Bank is raising its 2017 forecast for crude oil prices to $55 per barrel from $53 per barrel. It explained...

Business

3rd Ghana Oil and Gas Awards Held

The 3rd Ghana Oil and Gas Awards (GOGA 2016) brought together players in the oil and gas industry. The awards...

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GNGC Allays Fears Cut In Gas Supply Could Affect Power Supply

The Ghana National Gas Company says power supply to the national grid will not be affected as a result of cut in gas...

Business

Tullow Oil Issues Financing Update

Tullow Oil says it has successfully completed the six-monthly redetermination of its Reserve Based Lend (RBL) facility....

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Gas Cut Could Affect Power Generation, LPG Supply

Tullow Oil has reduced the volume of gas it supply to Atuabo processing plant for the next 21 days, beginning November...

International

Nigeria, Libya Output To Push Down Oil Price

Oil production from members of the Organisation of Petroleum Exporting Countries (OPEC) may have reached a new record,...

International

Mark Rylance Explains RSC Sponsor Row

the oscar winner said he might work at the theatre Mark Rylance says he is unlikely to perform at the Royal Shakespeare...

International

Dangote Acquires Gas Processing Company In the Netherlands

In a bid to meet Nigeria’s gas requirements, Dangote industries Limited (DIL) has completed the acquisition of...

International

Russia Is Planning For Low Oil Prices

Russia is betting oil prices will stay low for a long time. President Vladimir Putin's government has just set a draft...

Business

Fuel Prices Likely To Go Up Again

The Chamber of Petroleum Consumers Ghana, has forecast a likely 7-13 percent fuel price adjustment beginning Sunday...

Business

Ghana’s Petroleum Law Attracts Investors

The Minister of Petroleum, Emmanuel Armah Kofi Buah says the passage of the Petroleum (Exploration and Production) Act...

Business

Ghana Starts Fuel Exports To West African Countries

Ghana has begun supplying gasoline and gas oil to the landlocked countries of Burkina Faso, Niger and Mali from the...

International

How Hillary Clinton’s State Department Fought for Ghana’s Oil

In 2009, Kosmos Energy, a small oil exploration company in Texas, wished to cash in on its discovery of an oil field...

International

Oil Rallies As Opec Agrees Output Cut

The oil producers cartel Opec has agreed a preliminary deal to cut production for the first time in eight years,...