Piracy: A Threat To the Shipping Industry
Ancient piracy is typified not only by glamour and style, but also a military-like posture where targets are selected and ...
Tag: oil prices
Commercial Airlines Around the World Made Estimated $34.5b Profit In 2017
Commercial airlines operating around the world have made an estimated net profit of $34.5 billion as global passenger traffic results ...
Higher Oil Prices Boost ExxonMobil, Chevron Earnings
US petroleum giants ExxonMobil and Chevron reported big jumps in second-quarter profits Friday, the latest boost from a recovery in ...
ExxonMobil Q2 Profits Nearly Double On Higher Oil Prices To $3.4 Bn
ExxonMobil saw its second-quarter profits nearly double from the year-ago period due to higher oil prices and better refining margins, ...
Aircraft Jump Causes US Durable Goods To Soar In June
Orders for major US-manufactured goods spiked in June to a three-year high as civilian aircraft orders more than doubled, the ...
Ghana’s Trade Surplus Hits 1.4 Billion Dollars – BoG
New figures from the Bank of Ghana have shown that Ghana’s total balance of trade recorded a surplus of 1.429 ...
Tullow Records $ 300m Loss After Tax In 2017 First Half
Tullow Oil has posted a loss after tax of 300 million dollars for the first half of this year. The ...
Down the Drain? The Economic Costs of Illicit Financial Flows In Africa’s Extractive Sector [Article]
Resource-rich African countries are facing significant economic headwinds. Nigeria, Africa’s largest oil producer, depends on oil for over 90% of ...
Dow, S&P 500 End Week At Records; Dollar Tumbles
Wall Street stocks finished at fresh records Friday following solid bank earnings, while the dollar retreated after lackluster US data ...
Dow At Record, European Stocks Up As Yellen Pledges Gradual Rate Hikes
European and US stocks scored solid gains Wednesday, with the Dow ending at a fresh record, as investors welcomed congressional ...
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 ...
Procurement Delays Impeding New Oil Explorations – GNPC CEO
The Ghana National Petroleum Corporation, GNPC, has appealed to President Akufo Addo to intervene and grant the necessary approval in ...
Solid Jobs Report Lifts US Stocks, Dollar
Wall Street stocks rallied and the dollar advanced Friday following a better-than-expected US jobs report for June, while equities elsewhere ...
Energy Firms Hit By Oil Dive, N.Korea Crisis Fuels Uncertainty
Asian energy firms sank Thursday following a plunge in oil prices while equity traders remained on edge after North Korea's ...
US Stocks Pressured By Weak Oil Shares
Petroleum-linked shares tumbled early Wednesday, on lower oil prices, pressuring US stocks, while some big technology shares were modestly positive. ...
US Dollar Rebounds While Global Stocks Post Gains
Rising oil prices and investor appetite for financial stocks helped boost most major US and European equities on Monday while ...
View Chinese Aid With ‘cautious Optimism’
The Director of the Integrated Social Development Centre (ISODEDC), Dr. Steve Manteaw wants Ghana to be “cautiously optimistic” with China’s intention ...
China To Release Remainder of CDB $3bn Loan
Vice President, Dr. Mahamadu Bawumia, has revealed that the Chinese government will release the remainder of the $3 billion China ...
Chad Leader Says Glencore Oil Contract Was Irresponsible
Chad President Idriss Deby said Sunday his country had been "irresponsible" in striking oil for cash deals with Swiss commodities ...
PIAC Seeks Insurance Against Volatile Oil Prices
Public Interest and Accountability Committee (PIAC) wants government to consider hedging a portion of Ghana’s share of crude oil exports. ...