Saudi Says ‘committed’ To Oil Market Stability
Saudi Arabia is committed to stabilising the global oil market, the energy ministry of the world's biggest oil exporter said ...
Tag: Petroleum industry
Fuel Prices To Fall By 3%
Fuel prices will fall by three per cent later in the month on the back of the drop of Brent ...
Gov’t To Add 1,227MW of Installed Power Capacity To the National Grid
Ken Ofori-Atta, Minister of Finance, has announced that government will add a total of 1,227MW of installed power capacity to ...
Oil Touches Three-Month Lows, As U.S. Supply Swells
Oil hovered around three-month lows on Monday, as rising U. S. inventories and drilling activity offset optimism over OPEC's efforts ...
Exxon Stumps Up $2.8 Billion For Mozambique Gas Gateway To Asia
Exxon Mobil Corp (XOM. N), the world's biggest publicly traded oil producer, has agreed to pay Italy's Eni (ENI.MI) $2.8 ...
Fuel Price Hikes Must Stop – COPECGH
The Chamber of Petroleum Consumers (COPECGH) has charged relevant authorities in the country to ensure that unreasonable fuel price increments ...
OPEC Output Cuts Exceed Target
OPEC compliance with oil output reductions has exceeded the target because of higher Saudi cuts, Kuwaiti Oil Minister Essam al-Marzouk, ...
Jubilee FPSO Completes First Phase of Turret Remediation Project
Tullow Ghana Limited has completed the Interim Spread Mooring of the Jubilee FPSO, Kwame Nkrumah. This milestone involving the installation ...
US Increases Imports of Nigerian Crude By 287%
The United States almost tripled the volume of crude oil bought from Nigeria last year, seven years after it began ...
U.S. Energy Stocks, Darlings Last Year, Stumble In 2017
The energy sector is the stock market's dud so far in 2017 after a banner performance in 2016, and the ...
Titans of Oil World Meet In Houston After Two-Year Price War
The biggest names in the oil world come together this week for the largest industry gathering since the end of ...
NPA Adjudged Best In Petroleum Downstream In Africa
Ghana’s National Petroleum Authority (NPA) has been adjudged the Downstream Regulator of the Year 2016 in Africa for sanitizing the ...
Jubilee FPSO Anchored As Tugs Move Off After 12months
Tullow Ghana Limited and its partners have completed the first phase of the Turret Remediation Project on the Jubilee FPSO. ...
Corrupt Nigerians Hiding Stolen Money In Caskets, Remote Villages
The Senate, yesterday, alerted the nation to the fact that corrupt politicians now hide stolen money in caskets and uncompleted ...
Cedi Fall Threatens Fuel Price Stability
The Institute for Energy Security (IES) has said the relative stability for the price of Brent Crude, and global prices ...
Open Letter To President Nana Addo Dankwa Akufo-Addo
Dr Steve Manteaw, Chairman of the Civil Society Platform on Oil and Gas (CSPOG), writes to President Akufo-Addo on some ...
Quantum Power Cut Sod For First FSRU In Tema
As part of efforts to provide Ghana with the option of a reliable and cheaper power to power its thermal ...
Nigeria’s GDP Fell By 1.5% In 2016
Nigeria’s gross domestic product fell by 1.5 per cent in 2016 due to lower oil revenues, the National Bureau of ...
Excessive Political Interference Impeding Growth of GNPC – Manteaw
Chairman of the Civil Society Platform on Oil and Gas (CSPOG), Dr. Steve Manteaw has revealed that one of several ...
Oil Gains As Bullish Bets On Rising Prices Hit Record High
Oil prices rose on Monday as investors showed record confidence in prices rising further, though gains were capped by the ...