Tag: oil

European Union (EU) leaders have agreed on a plan to block more than two-thirds of Russian oil imports. The ban is a compromise that will not affect pipeline oil imports ...

Oil prices rose to new highs today, as China eased zero covid policy lockdowns and the EU worked on a plan to ban imports from Russian crude. Brent crude price ...

Tullow Oil Plc, has indicated that gas supply from the Jubilee oil field fuels approximately 30 per cent of thermal power generation in Ghana and provides required LPG for the ...

West Africa focused oil and gas company, Tullow Oil expects its 2022 production guidance between 59,000 to 65,000 barrels of oil per day as it focuses on its assets in ...

Despite its vast endowment of oil, gold and cocoa, Ghana does not fully benefit from higher prices of these commodities due to retention agreements in these sectors, the Bank of ...

Coming at a very tempestuous time for the country’s hydrocarbon resources, the new CEO of GNPC, Opoku Ahweneeh Danquah, must focus on the company’s core mandate to build its upstream ...

Revenues from oil exports over the first four months of 2022 increased by 60.9 per cent year-on-year, owing to the rise in oil prices as the Russia-Ukraine conflict drags on, ...

Saudi Aramco has posted its highest profit since 2019, with net income rising to $39.5 billion, reflecting a more than 80 per cent increase in the first quarter of 2022. ...

The extraordinary financial windfall for the oil and gas sector from current high prices could provide a major boost to clean energy investment, according to the International Energy Agency (IEA). ...

The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has hinted on a nationwide fuel shortage set to hit the country. According to Duncan Amoah, there has ...