An energy economist, Dr. Theo Acheampong, has suggested that fuel prices could ultimately be reduced by as much as 20-25% if the government significantly reduces or scraps just three taxes/levies ...
Crude experienced a free fall from as high as $130/bbl to as low as $98/bbl in a span of about two weeks, before recovering only marginally to around $100/bbl at ...
China is expected to dominate Asia’s refinery crude distillation unit (CDU) capacity additions, contributing about half of Asia’s total CDU capacity additions between 2022 and 2026, according to GlobalData. Out ...
The decision to place a ban on Russian oil exports, in spite of its trickiness, is being considered as a potential sanction on Russia by the U.S. and EU. This ...
Mr Kwadwo Poku, an energy analyst, has suggested, rather unpopularly, that the country’s sole oil refinery, the Tema Oil Refinery (TOR) should be sold, considering the numerous challenges facing the ...
West Africa’s biggest refinery, Dangote oil refinery, is nearing completion with Q3 2022 projected to assume the commencement of the processing of crude. However, Ghana’s petroleum hub development appears to ...
Uganda’s first oil production is on track for 2025, provided an enabling law is passed by the Ugandan government to allow for the construction of the East African Crude Oil ...
OPEC and its allies are taking a ‘gradual phased approach’ to raise crude oil output after the pandemic lowered demand by some 25 per cent, Saudi Energy Minister Prince Abdulaziz ...
The Organization of the Petroleum Exporting Countries (OPEC)’s second-biggest producer, Iraq has made its strongest commitment and is set to implement deep cuts in crude production after a decision was made ...
The Chamber of Petroleum Consumers Ghana, COPEC, says if the government hopes to make up for the revenue shortfalls created by fallen crude oil prices, it should be more serious ...
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