Petroleum industry

Top Stories

Syria War: Russian Officers ‘could Face Sanctions’

G7 foreign ministers will attempt to agree a common position on the Syrian conflict, before the US secretary of state...

Business

Springfield Set For Exploration

The Chiefs and people of coastal districts in the Western Region have welcomed the entry of Springfield Exploration and...

Business

FPSO John Agyekum Kufuor Arrives In Country’s Waters

The new Floating Production Storage and Offloading (FPSO) vessel, John Agyekum Kufuor, has safely arrived in the...

Business

GOIL Lauded For Promoting Local Content In Oil and Gas Sector

The Ministry of Energy and the national Petroleum Authority have commended Ghana Oil Company, GOIL for its Commitment...

Top Stories

Energy Ministry, NPA Laud GOIL For Championing Local Content

The Ministry of Energy and the National Petroleum Authority have commended Ghana Oil Company (GOIL) for its commitment...

Headlines

US Stocks Shake Gloom As Oil Tops $50/barrel

Wall Street stocks rallied Thursday, shrugging off uncertainty over President Donald Trump's agenda and advancing as US...

Business

NPA Launches Vehicle Tracking System

Ghana lost an estimated GHC43 million in 2014 as a result of fraudulent practices in the petroleum sector, the Chief...

Business

NPA Launches Tracking Scheme To Block GHc43m Annual Loss

THE National Petroleum Authority (NPA) says GH¢43million in petroleum profits were stolen by cabals due to the absence...

Top Stories

Address Policy Inconsistencies In Petroleum Downstream Sector

The Ghana Chamber of Bulk Oil Distributors (CBOD) has called on the government to take pragmatic measures to deal with...

International

Trump Administration Approves Keystone XL Pipeline

The Trump administration has issued a permit to energy company TransCanada to build the Keystone XL pipeline. The State...

Headlines

Shell Sells Gabon Onshore Energy Assets

Royal Dutch Shell has sold its onshore oil and gas interests in the central African nation of Gabon for $587 million to...

Headlines

Saudi Arabia Loses Fitch Rating Over Budget Concerns

Saudi Arabia on Wednesday lost its high-quality credit rating from the Fitch agency, which lowered the kingdom a notch...

Business

NPA Promotes Ghana’s Experience In Harmonizing Fuel Specifications

Over 500 key players in African downstream oil industry met in Cape Town for Africa Refiners Association (ARA) WEEK...

Headlines

US Denies Report Tillerson Cut Short Meetings Over ‘fatigue’

The United States on Saturday denied a report saying Secretary of State Rex Tillerson opted not to have dinner with his...

Headlines

US ‘strategic Patience’ With North Korea Has Ended

The United States' "strategic patience" with nuclear-armed North Korea is over, Secretary of State Rex Tillerson said...

International

Halfway Into 2017’s Oil Supply Cut, Asia Remains Awash With Fuel

Halfway into an OPEC-led oil supply cut, Asia remains awash with fuel in a sign that the group's efforts to rein in a...

Headlines

Global Oil Supplies Up, But OPEC Abides By Output Cut

OPEC countries are complying with a landmark deal to reduce a worldwide glut in oil, but global supplies nevertheless...

Business

Fuel Prices Expected To Fall By 3%

Fuel prices is expected to fall by about 3% later this month. This is according to the Institute for Energy Security...

Headlines

Top US Envoy Begins Asia Tour Amid North Korea Crisis

Washington's top diplomat was to fly into Tokyo on Wednesday to begin a first tour of Asian capitals under the shadow...