Petroleum industry

Business

Fuel Prices To Fall By 3%

Fuel prices will fall by three per cent later in the month on the back of the drop of Brent crude, gasoline and gasoil...

Business

Gov’t To Add 1,227MW of Installed Power Capacity To the National Grid

Ken Ofori-Atta, Minister of Finance, has announced that government will add a total of 1,227MW of installed power...

International

Oil Touches Three-Month Lows, As U.S. Supply Swells

Oil hovered around three-month lows on Monday, as rising U. S. inventories and drilling activity offset optimism over...

International

Exxon Stumps Up $2.8 Billion For Mozambique Gas Gateway To Asia

Exxon Mobil Corp (XOM. N), the world's biggest publicly traded oil producer, has agreed to pay Italy's Eni (ENI.MI)...

Business

Fuel Price Hikes Must Stop – COPECGH

The Chamber of Petroleum Consumers (COPECGH) has charged relevant authorities in the country to ensure that...

Headlines

OPEC Output Cuts Exceed Target

OPEC compliance with oil output reductions has exceeded the target because of higher Saudi cuts, Kuwaiti Oil Minister...

Business

Jubilee FPSO Completes First Phase of Turret Remediation Project

Tullow Ghana Limited has completed the Interim Spread Mooring of the Jubilee FPSO, Kwame Nkrumah. This milestone...

International

US Increases Imports of Nigerian Crude By 287%

The United States almost tripled the volume of crude oil bought from Nigeria last year, seven years after it began...

International

U.S. Energy Stocks, Darlings Last Year, Stumble In 2017

The energy sector is the stock market's dud so far in 2017 after a banner performance in 2016, and the rest of the year...

International

Titans of Oil World Meet In Houston After Two-Year Price War

The biggest names in the oil world come together this week for the largest industry gathering since the end of a...

Top Stories

NPA Adjudged Best In Petroleum Downstream In Africa

Ghana’s National Petroleum Authority (NPA) has been adjudged the Downstream Regulator of the Year 2016 in Africa for...

Business

Jubilee FPSO Anchored As Tugs Move Off After 12months

Tullow Ghana Limited and its partners have completed the first phase of the Turret Remediation Project on the Jubilee...

International

Corrupt Nigerians Hiding Stolen Money In Caskets, Remote Villages

The Senate, yesterday, alerted the nation to the fact that corrupt politicians now hide stolen money in caskets and...

Business

Cedi Fall Threatens Fuel Price Stability

The Institute for Energy Security (IES) has said the relative stability for the price of Brent Crude, and global prices...

Top Stories

Open Letter To President Nana Addo Dankwa Akufo-Addo

Dr Steve Manteaw, Chairman of the Civil Society Platform on Oil and Gas (CSPOG), writes to President Akufo-Addo on some...

Top Stories

Quantum Power Cut Sod For First FSRU In Tema

As part of efforts to provide Ghana with the option of a reliable and cheaper power to power its thermal plants for the...

Top Stories

Nigeria’s GDP Fell By 1.5% In 2016

Nigeria’s gross domestic product fell by 1.5 per cent in 2016 due to lower oil revenues, the National Bureau of...

Business

Excessive Political Interference Impeding Growth of GNPC – Manteaw

Chairman of the Civil Society Platform on Oil and Gas (CSPOG), Dr. Steve Manteaw has revealed that one of several...

International

Oil Gains As Bullish Bets On Rising Prices Hit Record High

Oil prices rose on Monday as investors showed record confidence in prices rising further, though gains were capped by...