Algiers (AFP) - Algerian Energy Minister Noureddine Boutarfa on Wednesday pressed demands for action on an oil supply glut and higher investment to stabilise the market as an informal OPEC meeting in...
Algiers (AFP) - The Organization of Petroleum Exporting Countries (OPEC) has agreed to cut production by 750,000 barrels a day, Bloomberg News reported Wednesday, citing a delegation member. An...
Algiers (AFP) - The Organization of Petroleum Exporting Countries (OPEC) has agreed to cut production by 750,000 barrels a day, Bloomberg News reported Wednesday, citing a delegation member. The...
Algiers (AFP) - The Organization of Petroleum Exporting Countries (OPEC) agreed Wednesday to cut oil production, ministers said, in a surprise move aimed at boosting persistently weak crude prices....
Ghana's economic growth slowed to 2.5 percent in the second quarter compared with a year earlier, provisional official data showed on Wednesday, due mainly to a temporary halt in oil production....
Tullow Oil has announced that Hull & Machinery insurance cover has been confirmed for the FPSO Kwame Nkrumah by its reinsurers following the failure of the turret bearing earlier this year. The Hull...
The Chief Executive of Petroleum Commission, Mr Theophilus Ahwireng has touted the prospects of the country’s gas production as it is set to produce about 300 million cubic feet of gas daily by...
For the country to achieve its lofty local content goals, the financial services sector, led by the banks, would have to cast off its fear of the risks and huge capital required, and venture into...
Petroleum Commission is confident more oil would be discovered in the very near future to the benefit of the economy. The commission has licensed several companies to prospect for oil and gas both...
The General Transport, Petroleum and Chemical Workers’ Union (GTPCWU) has warned that hundreds of its members are set to lose their jobs in the coming weeks due to the drop in world oil...
