Oil & Gas/Mining
Volatility Continues to Rock the Global Oil Industry
In another quarter, the world will be seeing the first anniversary of the present volatility in oil prices, which crashed...
Read more
Ghana to lose $700m in oil revenue due to fall in world price — Mahama
It is estimated that Ghana will lose $700 million in oil revenue this year as a result of the falling...
Read more
Eni warns oil may shoot up to $200 without Opec cuts
Italian oil group Eni has warned oil could shoot up to $200 a barrel if the Opec cartel fails to...
Read more
Atuabo Gas commissioning process to be concluded end of January
The Ghana Gas Company (GGC) says it expects to complete the process of commissioning the Atuabo Gas Processing Plant...
Read more
Sustained low oil price could impact Ecobank in 2015: CEO Essien
Tumbling oil prices remaining low for a sustained period could hurt pan-African lender Ecobank in 2015, Chief Executive Albert Essien...
Read more
Boom goes bust for oil drillers as crude prices tumble
More oil rigs went idle last week than any week in more than two decades.With a global supply glut sending...
Read more
South Sudan oil revenue at $3.38 bln, hit by conflict and price falls
South Sudan's oil revenue last year was hit by reduced output because of conflict in the African republic and the...
Read more
Tullow Opens Manufacturing Yard At Sekondi
A new fabrication facility for the oil sector has been opened at Sekondi in the Western Region. The yard was...
Read more
‘Petrol Should Sell At GH¢8.52’
The price of crude oil dropped on the world market yesterday recording US$54.97. Using the current exchange rate of GH¢3.22, it translates into...
Read more
Oil price falls further on IEA energy forecast
The price of oil has fallen further after the International Energy Agency forecast weaker demand in 2015.The IEA, a consultancy...
Read more