Oil and Gas
Oil prices continue climb on large crude draw
The American Petroleum Institute (API) reported on Tuesday a draw in crude oil inventories of 4.785 million barrels for the...
Oil sector: Investments to increase 50%
Investments in Ghana’s oil sector is expected to rise by 50% next year as the near-term outlook for oil production...
Tema gets innovative LPG driven power plant
Bridge Power project is a 400MW liquefied petroleum gas (LPG)-fuelled combined-cycle power plant being developed in Tema, Ghana. The project...
GOIL rolls out national give-away bonanza to customers
GOIL has rolled out a nation-wide Give-Away bonanza to customers and patrons in all its over 400 service stations. Under...
COPEC predicts 5% increase in fuel prices
The Chamber of Petroleum Consumers (COPEC) is predicting an increase in prices of fuel in Ghana in the coming days....
Oil promises — Ghana’s dreams of ‘black gold’
When oil was discovered in Ghana in 2007, the country began to dream big, hoping that the "black gold" would...
ExxonMobil to write off up to $20 billion of assets in its biggest impairment ever
Oil major ExxonMobil will make an impairment charge of $17 billion to $20 billion in the last quarter of the...
Ghana Gas fails to pay $942m debt owed GNPC
Gas Company (GNGC) has failed to pay part of a $942-million debt it owes the Ghana National Petroleum Corporation (GNPC)...
TOTAL gives relieved shareholders interim dividends
Total Petroleum has announced an interim dividend of GHc 0.0694 per share for the 2020 financial year ending December 31,...
Petroleum Tanker Drivers Association declares strike action
The Ghana National Petroleum Tanker Drivers Union has declared a strike action and directed all drivers not to move their...
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