Tag: oil
Business
Professor IIedare advocates investing oil and Gas revenue for wellbeing of citizens
A Petroleum Economist at the University of Cape Coast, Professor Wumi Iledare, has urged African leaders to focus on utilizing oil and gas revenue...
News
The body requires only four tablespoons of oil per day – Dietician
Excessive consumption of oil has been characterized by a nutritionist at the Tema Metropolitan Health Directorate, Mr. Samuel Atuahene Antwi, as a hazardous practice...
World
Shell records $6.2bn profit between July and Sept.
Shell, the oil and gas giant, has reported robust profits, primarily due to the recent increase in oil prices.In the period between July...
Business
A barrel of oil hits $95 as inventories shrink
The US oil benchmark briefly surged to $95 per barrel due to concerns over decreasing stockpiles at a crucial storage hub, which raised worries...
Business
Tullow bolsters local involvement in oil and gas industry
In line with its commitment to promoting local content participation in Ghana's oil and gas sector, Tullow has joined forces with the Upstream Petroleum...
Business
BOST expects its sales to reach GHC 10 billion in 2023
Managing Director of the Bulk Oil Storage and Transportation Company Limited (BOST), Edwin Provencal, has outlined the company's ambitious goal of generating approximately GH¢10...
Business
Oil output increases as JSE’s first well goes offshore
Tullow and its joint partners have commenced crude production from the Jubilee South East (JSE) project located offshore.The activation of the first well within...
Business
Profit making, a challenge for Ghanaian oil marketing firms – CEO of AOMC laments
The chief executive officer of the Association of Oil Marketing Companies, has indicated that a significant number of OMCs are struggling to turn a...
Business
Oil is not Torentco Assets Management’s area of expertise – ACEP alleges
The African Centre for Energy Policy (ACEP) has criticised the decision to lease the Tema Oil Refinery (TOR) to a private company known as...
Business
Saudi Arabia’s planned output cuts send oil prices up
Oil prices have experienced an increase following Saudi Arabia's announcement that it would reduce its daily oil production by one million barrels in July....
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