Kenya plans to export its first oil in June, but analysts say the test phase faces major challenges and appears motivated primarily by political considerations just months ahead of elections. British...
The Petroleum Commission has dismissed reports that it has instructed Tullow Ghana Limited (TGL) to cease its tender process concerning the award of any rig contract. According to the Commission, it...
More workers are set to be laid off in the petroleum downstream sector as the illegal sale of petroleum products continue unabated. Already, the CEO of the Association of Oil Marketing Companies,...
The Jubilee Oil field would be shut down again during the second half of this year to allow for the completion of repair works on the vessel. The turret bearing of the FPSO Kwame Nkrumah developed a...
The Jubilee Oil field would be shut down again during the second half of this year The Jubilee Oil field would be shut down again during the second half of this year to allow for the completion of...
The recent increase in oil prices has helped BP to record a healthy profit for the three months to March. The $1.4bn (£1.1bn) profit, on the replacement cost measure, compared with a $485m loss a...
The price of OPEC basket of thirteen crudes stood at $49.26 a barrel on Monday, 1 May, 2017, compared with $49.32 the previous Friday, according to OPEC Secretariat calculations. The OPEC Reference...
US President Donald Trump signed an executive order aimed at lifting bans on drilling for oil and gas in offshore Arctic and Atlantic areas, saying it would pull in "billions of dollars" for America...
Rising crude prices drove huge profits for US oil industry giants, but key figures in the sector have raised concerns about low investments in exploration and production. They warn that continued...
Total Petroleum Ghana Limited, the Oil Marketing Company which has been known over the years for its quality lubricants, has launched two new lubricant products in the Total Quartz range: Total...
Total Petroleum Ghana Limited has rolled out two new lubricant products in the Total Quartz range – Total Quartz INEO MC3 5W30 and INEO Long Life 5W30. Speaking at the launch that gathered...
The United States is not ruling out direct dialogue with North Korea on its nuclear program, Secretary of State Rex Tillerson said in an interview with National Public Radio broadcast Friday....
A decade after oil discovery! The bold steps, the mistakes, the lessons, and the future When Ghana discovered hydrocarbons in commercial quantities a decade ago in 2007 under the erstwhile Kufour...
A decade after oil discovery: The bold steps, mistakes, lessons, and the future The country appeared to have lost momentum following the 2009 political transition When Ghana discovered hydrocarbons...
US defense leaders and other top officials will give a classified briefing on North Korea to all senators in an unusual meeting at the White House, the Pentagon said Monday. The briefing will be...
US defense leaders and other top officials will give a classified briefing on North Korea to all senators in an unusual meeting at the White House, the Pentagon said Monday. The briefing will be...
US Secretary of State Rex Tillerson has accused Iran of “alarming ongoing provocations” aimed at destabilising the Middle East and undermining America’s interests in the region. “An unchecked...
Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed for the first six months of the year in order to achieve the desired rebalancing...
Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed for the first six months of the year in order to achieve the desired rebalancing...
Oil-exporting cartel OPEC is confident that production cuts agreed with non-members to prop up prices will lead to a recovery in the market, its chief said on Wednesday. "We are optimistic that the...
