The Chamber of Petroleum Consumers (COPEC) has blamed the continuous fall of the cedi against the dollar for the recent price hikes of fuel at the pumps. According to COPEC, the situation has...
The Chamber of Petroleum Consumers (COPEC) has blamed the continuous fall of the cedi against the dollar for the recent price hikes of fuel at the pumps. According to COPEC, the situation has...
Tullow Oil Ghana Limited, a Jubilee Field operator, has received a total of US$80 million as insurance claims for the drop in oil and gas production and other commercial losses suffered by the...
The price of petrol and diesel in the UK has risen to its highest since July 2015, following a three-pence-a-litre increase in December alone. The average cost of unleaded petrol hit 117.23p at the...
Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to cut production, which kicked in on Sunday, will be effective in draining a global...
U. S. oil prices rose in the first trading hours of 2017 on Tuesday, buoyed by a deal for OPEC and non-OPEC production cuts which kicked off on Sunday. U.S. benchmark West Texas Intermediate (WTI)...
Oil prices have slumped since the summer of 2014 from above $100 a barrel Oil prices have slumped since the summer of 2014 from above $100 a barrel. The price rout, due to an oversupply thanks in...
Oil jumped 1.7 percent Tuesday, continuing its year-end rally with support from expectations of tighter supply once the first output cut deal between OPEC and non-OPEC producers in 15 years takes...
The Managing Director of the Tema Oil Refinery (TOR), Kwame Awuah Darko, has asked staff of the company to prepare for his exit as a new government takes over the reign of the country next year. He...
The Tema Oil Refinery (TOR) is said to have taken delivery of the first crude oil produced from the Tweneboa, Enyenra and Ntomme (TEN) project to be refined and sold on the Ghanaian market. The one...
The Floating, Production, Storage and Offloading (FPSO) vessel that will be used on Ghana's third oil and gas field Sankofa Gye-Nayame project is to be named after former President John Agyekum...
The Tema Oil Refinery (TOR) has announced it will from next year refine between 16 to 18 million barrels of crude oil. The crude will be from the Jubilee oil fields and subsequently other oil fields...
The Tema Oil Refinery (TOR) has announced it will from next year refine between 16 to 18 million barrels of crude oil. The crude will be from the Jubilee oil fields and subsequently other oil fields...
U. S. Gulf Coast refiners are cashing in on rising fuel demand from Mexico, shipping record volumes to a southern neighbor that has failed to expand its refining network to supply a fast-growing...
The decision by the Bulk Oil Storage and Transport Company Limited (BOST) to compete with the private sector in the downstream petroleum products distribution sector has resulted in huge losses for...
Fuel prices have gone up by six per cent at the various service stations across the country, the Chamber of Petroleum Consumers Ghana has said. This current increases ranging between 4 and 6 per cent...
The decision by the Bulk Oil Storage and Transport Company Limited (BOST) to compete with the private sector in the downstream petroleum products distribution sector has resulted in huge losses for...
The decision by the Bulk Oil Storage and Transport Company Limited (BOST) to compete with the private sector in the downstream petroleum products distribution sector has resulted in huge losses for...
Oil prices rose on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC and other producers to cut output to prop up prices. Brent crude futures, the...
The Tema Oil Refinery (TOR) is set to increase its daily production capacity following a successful test run of the expanded processing units. Per the expansion, the Crude Distillation Unit will now...
