Tag: oil
World
Libya resumes oil exports after six months
Libya's national oil company says it has resumed its vitally important exports after a halt of nearly six months, caused by conflict and political...
Business
Post-coronavirus: Mining, oil & gas firms may face compliance issues PwC partner
George Arhin, a Partner at PwC, has said mining, oil and gas entities may face challenges in complying with regulatory requirements in the local...
Business
Oil prices inch up as demand upswing counters virus concerns
Oil prices inched up on Friday as the bullish impetus from signs of fuel demand recovery was kept in check by a rising number...
Business
Sixteen upstream oil companies owe US$1.57m surface rental fees
Sixteen oil companies in the upstream sector have failsed to pay their surface rental fees, according to an audit report by the Auditor General...
World
Siberian oil spill contaminates Arctic lake
An oil spill that sparked a state of emergency has contaminated a freshwater lake in the Russian Arctic, an official said Tuesday, after authorities...
World
Saudi Arabia’s oil-export revenues plunged US$11 billion in the first quarter as crude prices tanked
Saudi Arabia's oil exports dropped by $11 billion in the first three months of 2020, the kingdom's statistics agency said this week.Saudi Arabia's revenue...
World
Oil giant BP to cut 10,000 jobs
The boss of UK-based oil giant BP has told staff it plans to cut 10,000 jobs from its global workforce after being hit hard...
Business
Government working with oil companies to protect workers from coronavirus
Deputy Minister of Energy in charge of Petroleum, Dr Mohammed Amin Adam, has said the government is supporting oil companies that are operating in...
Business
Oil receipts up 93% in first quarter but outlook grim
Government received US$170.3m in petroleum revenue for the first quarter of the year, an increase of 93 percent over earnings of US$88.3m in the...
News
Maritime security seizes 10 canoes in illegal oil bunkering
A maritime security operation to crack down on illegal oil bunkering along the coast of the Western and the Central regions has led to...
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