Tag: oil
Headline
OMCs blame gold-for-oil policy for looming fuel shortage
The Chamber of Oil Marketing Companies (OMCs) has sounded the alarm over a possible fuel shortage in the coming days, attributing the looming crisis...
Business
Springfield begins Afina Well appraisal to strengthen oil field unitisation efforts
The CEO of Springfield E&P, an indigenous oil exploration and production company, has revealed that the appraisal of the Afina-1x Well, located in the...
Business
Ghana’s oil industry risks collapse over lack of investors – GHEITI
Co-chair of the Ghana Extractive Industry Transparency Initiative (GHEITI), Dr. Steve Manteaw, has warned that Ghana’s oil industry could face a significant downturn if...
Business
Govt on course to develop newly discovered oil fields – Finance minister
Minister of Finance, Dr. Mohammed Amin Adam, has revealed that the government is working around the clock develop recently discovered oil fields...
Business
Investigate Gold for Oil programme – Parliament told
Concerns have been raised by the Ghana Extractive Industry Transparency Initiative (GHEITI), necessitating that Parliament probe the Gold for Oil policy due to its...
Independent Africa
Dangote accuses NNPC personnel, oil traders of providing poor quality products
Africa’s richest man, Aliko Dangote, has accused some staff members of the Nigerian National Petroleum Company (NNPC) Limited and oil traders of operating a...
Business
Oil prices stabilize as OPEC+ supply cuts offset interest rate worries
Global oil prices stabilized on Tuesday, with the potential for OPEC+ to maintain supply cuts at its June 2 meeting and expectations of robust...
Business
Oil prices to stay above $80 per barrel till 2025 – EIU projects
The Economist Intelligence Unit (EIU) expects global oil prices to stay above $80 per barrel until late 2025, according to its recent latest projection.This...
News
Crackdown on smuggled vegetable oil by taskforce impressive – AGI
The Association of Ghana Industries (AGI) supports the crackdown on smuggled vegetable oil in the Ghanaian market led by the Tree Crop Development Authority,...
News
Taskforce shuts down shops selling smuggled cooking oil in Accra
On Tuesday, February 27, 2024, a collaborative taskforce, including the Tree Crop Development Authority, the Oil Palm Development Association of Ghana, the Customs Division...
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