Ghana's total crude oil production in 2024 stood at 48.24 million barrels, according to the Finance Ministry's 2025 Budget Statement and Economic Policy.
The Greater...
Crude oil prices have fallen as geopolitical tensions and market uncertainties weighed on supply and demand dynamics.
Despite robust demand in the U.S., oil...
Dangote Refinery is seeking millions of barrels of U.S. crude oil, according to a document reviewed by Reuters.
The refinery, with a capacity of 650,000...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on behalf of the federal government, has introduced new regulations mandating oil producers to prioritize selling crude...
Leading rating agency, Fitch Solutions, has adjusted its crude oil forecast for 2024 to $80.0 per barrel, marking an increase from the earlier projection...
The Department of Urban Roads, under the leadership of Director Ing. James Amoo-Gottfried, has disclosed that the government faces a road construction compensation debt...
During the first half of 2023, crude oil production in the country experienced a significant decline, raising concerns about petroleum revenues and regulatory compliance....