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 ...
Tag: Petroleum industry
Syria War: Russian Officers ‘could Face Sanctions’
G7 foreign ministers will attempt to agree a common position on the Syrian conflict, before the US secretary of state ...
Springfield Set For Exploration
The Chiefs and people of coastal districts in the Western Region have welcomed the entry of Springfield Exploration and Production ...
FPSO John Agyekum Kufuor Arrives In Country’s Waters
The new Floating Production Storage and Offloading (FPSO) vessel, John Agyekum Kufuor, has safely arrived in the country’s waters. It ...
GOIL Lauded For Promoting Local Content In Oil and Gas Sector
The Ministry of Energy and the national Petroleum Authority have commended Ghana Oil Company, GOIL for its Commitment in Promoting ...
Energy Ministry, NPA Laud GOIL For Championing Local Content
The Ministry of Energy and the National Petroleum Authority have commended Ghana Oil Company (GOIL) for its commitment in promoting ...
US Stocks Shake Gloom As Oil Tops $50/barrel
Wall Street stocks rallied Thursday, shrugging off uncertainty over President Donald Trump's agenda and advancing as US fourth-quarter growth was ...
NPA Launches Vehicle Tracking System
Ghana lost an estimated GHC43 million in 2014 as a result of fraudulent practices in the petroleum sector, the Chief ...
NPA Launches Tracking Scheme To Block GHc43m Annual Loss
THE National Petroleum Authority (NPA) says GH¢43million in petroleum profits were stolen by cabals due to the absence of an ...
Address Policy Inconsistencies In Petroleum Downstream Sector
The Ghana Chamber of Bulk Oil Distributors (CBOD) has called on the government to take pragmatic measures to deal with ...
Trump Administration Approves Keystone XL Pipeline
The Trump administration has issued a permit to energy company TransCanada to build the Keystone XL pipeline. The State Department ...
Shell Sells Gabon Onshore Energy Assets
Royal Dutch Shell has sold its onshore oil and gas interests in the central African nation of Gabon for $587 ...
Saudi Arabia Loses Fitch Rating Over Budget Concerns
Saudi Arabia on Wednesday lost its high-quality credit rating from the Fitch agency, which lowered the kingdom a notch because ...
NPA Promotes Ghana’s Experience In Harmonizing Fuel Specifications
Over 500 key players in African downstream oil industry met in Cape Town for Africa Refiners Association (ARA) WEEK which ...
US Denies Report Tillerson Cut Short Meetings Over ‘fatigue’
The United States on Saturday denied a report saying Secretary of State Rex Tillerson opted not to have dinner with ...
US ‘strategic Patience’ With North Korea Has Ended
The United States' "strategic patience" with nuclear-armed North Korea is over, Secretary of State Rex Tillerson said in Seoul on ...
Halfway Into 2017’s Oil Supply Cut, Asia Remains Awash With Fuel
Halfway into an OPEC-led oil supply cut, Asia remains awash with fuel in a sign that the group's efforts to ...
Global Oil Supplies Up, But OPEC Abides By Output Cut
OPEC countries are complying with a landmark deal to reduce a worldwide glut in oil, but global supplies nevertheless increased ...
Fuel Prices Expected To Fall By 3%
Fuel prices is expected to fall by about 3% later this month. This is according to the Institute for Energy ...
Top US Envoy Begins Asia Tour Amid North Korea Crisis
Washington's top diplomat was to fly into Tokyo on Wednesday to begin a first tour of Asian capitals under the ...