Tag: oil

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 ...

Major oil and gas operators are looking to automate their assets using digital technologies to reduce the impact of demand fluctuation on revenues, according to GlobalData. This trend in digital ...

Crude prices have climbed up by more than 4 per cent, still struggling to return to pre-Omicron levels, after falling by 16 per cent in November 2021, as OPEC’s meeting ...

Oil price has plunged by more than 3 per cent after Moderna’s CEO cast doubt on the efficacy of COVID-19 vaccines against the new omicron Coronavirus variant, sending shockwaves across ...

Ghana’s oil reserves currently in the ground, is likely to hover around 3.0 billion barrels from 2.5 billion barrels as at January 2021, factoring the recent Eni oil discovery on ...

Mike Muller, Head of Vitol Asia has said an OPEC+ meeting set for December 2, 2021 is likely to tread cautiously considering the emergence of the new South African COVID-19 ...

Developments in Ghana’s external sector in the month of October were encouraging as the country recorded its highest trade balance equivalent to 1.5% of GDP since the beginning of 2021. ...

Dr Yusif Sulemana, an energy strategist and Senior Oil Production Specialist at Petroleum Development of Oman has expressed worry about the deafening silence of the 2022 budget on the downstream ...

While global food trade has shown “remarkable resilience to disruptions throughout the COVID-19 pandemic”, rapidly rising prices of food commodities and energy pose significant challenges for poorer countries and consumers, ...

OPEC downgrades its Q4 2021 global oil demand forecast at a time when an energy crunch in Europe and US has surged the price of oil, delaying the timeline for ...