‘Don’t Base Budget Allocations On Revenue From Oil and Gas’
The head of Energy, Oil & Gas Unit of the Real Sector of the Ministry of Finance, Dr Joseph Asenso, ...
Tag: Price of oil
U.S. Stocks, Dollar Fall On FBI Review of Clinton Emails
Wall Street recovered some losses on Friday but still closed lower, with U. S. stocks and the dollar falling after ...
Kenya’s Economy To Remain Strong As Continent Shrinks To 20-Year Low
Kenya will shrug off the slump in growth on the continent to be among the best performing economies in Sub ...
Fuel Price Increments Unjustified – Group
The Institute for Energy Security, an energy policy think tank, has described the recent increment in price of petroleum products ...
NPA, Think Tank, Clash Over Fuel Prices
The National Petroleum Authority (NPA) and the Chamber of Petroleum Consumers Ghana have clashed over reported fuel prices increases. In ...
Fuel Price Up By 4% Not 11%
The National Petroleum Authority (NPA) has described an announcement by the Chamber of Petroleum Consumers (COPEC) of Ghana that fuel ...
NPA Playing Mischief – COPECGH
The denial by the National Petroleum Authority (NPA) concerning recent reports of fuel price increases smacks of “mischief”, the Executive ...
Fuel Prices Up 11%
Fuel prices across various outlets in the country have increased between three and 11 per cent, the Chamber of Petroleum ...
Russia Is Planning For Low Oil Prices
Russia is betting oil prices will stay low for a long time. President Vladimir Putin's government has just set a ...
Fuel Prices Likely To Go Up Again
The Chamber of Petroleum Consumers Ghana, has forecast a likely 7-13 percent fuel price adjustment beginning Sunday October 16. According ...
Oil Price Shocks To Stifle Long-Term Economic Dev’t
The Executive Director of the Africa Centre for Energy Policy (ACEP), Dr Mohammed Amin Adam, has said the failure of ...
GDP Growth Slumps To 2.5%
The country’s Gross Domestic Product (GDP) for the second quarter has plummeted to 2.5 percent from the 4.8 percent recorded ...
Oil Rallies As Opec Agrees Output Cut
The oil producers cartel Opec has agreed a preliminary deal to cut production for the first time in eight years, ...
African Economies Reel Under Petroleum Slump – ACEP
Many Oil producing countries in the African sub-region have been the worse hit by the plummeting oil revenues following the ...
Government Charged To Spend Oil Revenues Responsibly At All Times
Government has been charged to spend oil revenues responsibly at all times to enable it to mitigate the negative impact ...
LPG Shortage Looms
The Institute For Energy Security (IES) is warning of a possible shortage of Liquefied Petroleum Gas (LPG) this month. “Within ...
Fuel Could Climb By 20 Pesewas In September – IES
Following the rebound in the global oil market price of both crude and refined petroleum, decrease in new imports to ...
Mixed Reactions Over Transport Fares As Fuel Prices Shoot Up
Drivers within the capital have expressed mixed reactions over the possible increase in transport fares following an increase in the ...
Recession And Nigerias Disarticulated Economy
Every economy managed according to the rules of capitalism may experience boom, recession or depression. Nigeria’s current recession has been ...
Nigeria Projects Better Economic Outlook For Second Half of the Year
After more than six months marked plunging revenue caused by attacks on oil pipelines in the Niger Delta and ballooning ...