Petroleum industry
Cedi Depreciation Causing Increase In Fuel Prices-COPEC
The Chamber of Petroleum Consumers (COPEC) has blamed the continuous fall of the cedi against the dollar for the recent...
Insurers Pay Tullow US$80m As Compensation For Defects On Jubilee FPSO
Tullow Oil Ghana Limited, a Jubilee Field operator, has received a total of US$80 million as insurance claims for the...
Fuel Prices Hit 18-Month High, After Opec Production Cuts
The price of petrol and diesel in the UK has risen to its highest since July 2015, following a three-pence-a-litre...
Oil Prices Rise
Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to...
Oil Prices Rise As Markets Eye OPEC, Non-OPEC Production Cuts
U. S. oil prices rose in the first trading hours of 2017 on Tuesday, buoyed by a deal for OPEC and non-OPEC production...
Oil Down, But Ends Year With Biggest Gain Since 2009
Oil prices have slumped since the summer of 2014 from above $100 a barrel Oil prices have slumped since the summer of...
Oil Jumps 1.7 Percent, Adds To Year’s Gains Ahead of OPEC Cuts
Oil jumped 1.7 percent Tuesday, continuing its year-end rally with support from expectations of tighter supply once the...
Prepare For My Exit – TOR MD To Staff
The Managing Director of the Tema Oil Refinery (TOR), Kwame Awuah Darko, has asked staff of the company to prepare for...
TOR To Refine TEN Project Crude Despite Doubts
The Tema Oil Refinery (TOR) is said to have taken delivery of the first crude oil produced from the Tweneboa, Enyenra...
Sankofa Gye-Nyame FPSO To Be Named After Kufuor
The Floating, Production, Storage and Offloading (FPSO) vessel that will be used on Ghana's third oil and gas field...
TOR To Refine 18 Million Barrels of Crude In 2017
The Tema Oil Refinery (TOR) has announced it will from next year refine between 16 to 18 million barrels of crude oil....
TOR To Refine 18 Million Barrels of Crude In 2017
The Tema Oil Refinery (TOR) has announced it will from next year refine between 16 to 18 million barrels of crude oil....
U.S. Refiners Cash In On Mexico’s Record Fuel Imports
U. S. Gulf Coast refiners are cashing in on rising fuel demand from Mexico, shipping record volumes to a southern...
BOST Posts ¢32 Million Loss
The decision by the Bulk Oil Storage and Transport Company Limited (BOST) to compete with the private sector in the...
Fuel Prices Up By 6 Per Cent
Fuel prices have gone up by six per cent at the various service stations across the country, the Chamber of Petroleum...
BOST Posts GHC32m Loss
The decision by the Bulk Oil Storage and Transport Company Limited (BOST) to compete with the private sector in the...
BOST Posts GHc 32m Loss
The decision by the Bulk Oil Storage and Transport Company Limited (BOST) to compete with the private sector in the...
Oil Prices Rise In Anticipation of Tighter 2017 Market
Oil prices rose on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC and...
TOR Increases Daily Crude Production By 20,000 Barrels
The Tema Oil Refinery (TOR) is set to increase its daily production capacity following a successful test run of the...