Petroleum industry

International

Oil Edges Up On Threat of U.S. Issuing New Iran Sanctions

Oil prices edged up on Friday on news that U. S. President Donald Trump could be set to impose new sanctions on...

Business

Springfield To Begin Work On WCTP Oil Block

The Springfield E&P Limited, owners of the West Cape Three Points Block 2 Offshore, is to collect seismic data on the...

Top Stories

Ghana Names 3rd FPSO After J.A. Kufuor

Ghana’s third Floating Production Storage and Offshore (FPSO) vessel has been named after Former President, John...

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Kufuor In Singapore For FPSO Naming

Former President Kufuor has arrived in Singapore to grace the naming of a new FPSO in his honour Former President John...

International

Oil Prices Fall After Sharp Rise In U.S. Stockpiles

Oil prices fell on Thursday after official data showed U. S. crude and gasoline stockpiles rose sharply, although signs...

Top Stories

Kufuor Arrives In Singapore For New FPSO To Be Named After Him

Former President John Agyekum Kufuor has arrived in Singapore for a ceremony at which the Floating Production and...

Business

Springfield Group CEO Calls For More Oil Exploration Activities

The Chief Executive Officer of the Springfield Group, Mr Kevin Okyere, has called for investment-friendly initiatives...

International

Oil Edges Further Above $55 On Russia, OPEC Cuts

Oil edged further above $55 a barrel on Wednesday supported by signs that Russia and OPEC producers are delivering on...

International

Oil Shipments Show That OPEC Is Sticking To Its Cuts

Oil supplies from OPEC are plunging this month as the group implements production cuts aimed at erasing a global...

Top Stories

Ghanaians To Prepare For The Return Of Dumsor

Already, industries are crying for immediate intervention from government to avert the challenge that confront the...

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GNPC Anticipates Quick Approval of Its Modified Plan of Development

CGhana National Petroleum Corporation (GNPC) is expectant of the timely approval of its recently modified Plan of...

Business

“No Dumsor” As Atuabo Shuts Down – Power Producers

The planned shutdown of the Atuabo gas processing plant between February 3 and 20, 2017 will not affect power...

International

Here’s Who Benefits From Keystone, Dakota Pipelines

President Donald Trump announced Tuesday that construction would move forward on the Keystone XL and Dakota Access...

International

Trump Backs Keystone XL and Dakota Access Pipelines

US President Donald Trump has infuriated environmentalists by signing executive orders that support two controversial...

International

Equatorial Guinea Has Applied To Join OPEC

This would bring the oil producer group's membership to 14 countries Equatorial Guinea has now applied to join the...

Business

Jubilee Field To Shut Down For 15 Days

Oil production on the Jubilee Field will be shut down for 15 days, starting February 3, 2017, to allow for an...

International

Tullow Strikes Oil In Erut-1 Kenya Well

Tullow Oil plc (Tullow) has announced that the Erut-1 well in Block 13T, Northern Kenya, has discovered a gross oil...

Business

Tullow To Shut Down Gas Export To Atuabo For Two Weeks

Tullow Ghana Limited, operators of Ghana’s main oil and gas exploration field, plans to begin a 15-day shutdown of...

Top Stories

OMCs Justify Petroleum Price Increases

Oil Marketing Companies (OMCs) in the country have justified the continuous increases in prices of petroleum products...