Libya’s NOC Sees 1.25 Mln Bpd Oil Output By Year-End
The head of Libya's National Oil Company announced on Wednesday that oil production is expected to reach 1.25 million barrels ...
Tag: Petroleum politics
Oil, Gas Key To World Energy For ‘decades To Come’
Oil and gas will remain central to the world's supply of energy for decades to come, despite a surge of ...
ACEP Opposes Hedging, Wants Stabilization Fund Fortified
The African Center for Energy Policy (ACEP) has opposed calls for Ghana to hedge its oil against global price fluctuations. ...
Local Fuel Prices To Drop Slightly
The local fuel market in the first Pricing-window in June 2017 recorded interesting turn of events. Prices were projected by ...
ExxonMobil Faces Climate Showdown At Annual Meeting
ExxonMobil's controversial stance on climate change will be back in the spotlight Wednesday when shareholders vote on an environmentalist-backed measure ...
Declining Oil Prices Will Least Affect Ghana – Economist
Some Economists have ruled out any significant impact on Ghana’s economy following the declining global oil prices. The decision by ...
Declining Oil Prices Will Least Affect Economy – Economist
Some Economists have ruled out any significant impact on Ghana’s economy following the declining global oil prices. The decision by ...
Oil Price Plummets Despite Deal To Extend Output Cut
The price of oil has plummeted by about 5%, despite oil-producing nations agreeing to extend production cuts for a further ...
Wall Street Forges Higher Despite Oil Market’s Glum Mood
Buoyant trading in New York saw Wall Street set fresh records on Thursday, with US stocks recording their sixth consecutive ...
Trump Budget Proposes Deep Cut To US Oil Stockpile
President Donald Trump's budget released Tuesday proposed radically downsizing the US Strategic Petroleum Reserve, arguing that America's shale boom has ...
Oil Producers To Extend Output Curbs At OPEC Meeting
Oil producers inside and outside the OPEC cartel have little choice but to extend their deal from late 2016 curbing ...
Asian Energy Firms Lead Market Gains On Hopes For Oil Ouput Cut
Energy shares led a broad rally across Asian markets on Monday as oil prices were boosted by growing hopes that ...
Saudi Minister Confident of Oil Cut Extension
Saudi Arabia's energy minister expressed confidence on Sunday of extending a global cut in oil production designed to boost prices. ...
Oil Price Tumbles To Five-Month Low
The oil price has fallen to a five-month low as investor concerns resurface about a worldwide glut. Brent crude dropped ...
Oil Prices Have Plunged 15% In 3 Weeks
Renewed fears about the oil supply glut have sent crude prices plunging 15% Renewed fears about the oil supply glut ...
Oil Earnings Surge But Some Question Skimpy Investment
Rising crude prices drove huge profits for US oil industry giants, but key figures in the sector have raised concerns ...
Government Urged To Operationalise Petroleum Act
The Africa Centre for Energy Policy (ACEP) is urging government implementing the provisions in the Petroleum (Exploration and Production) Act, ...
OPEC ‘optimistic’ Oil Output Cuts Leading To Price Recovery
Oil-exporting cartel OPEC is confident that production cuts agreed with non-members to prop up prices will lead to a recovery ...
Oil Output Cuts Pressure Mideast Economic Growth
Economic growth in Saudi Arabia and most other Arab oil exporters will slow this year following production cuts aimed at ...
China Binges On African Oil Like Never Before After OPEC Cuts
China is set to import record amounts of crude oil from West Africa this month as OPEC’s supply cuts pave ...