OPEC opens oil cut talks, as Algeria urges members to persevere during…
With the global economy “still in deep recession,” the oil market’s struggles may well persist through the first quarter of…
Browsing Tag
oil
Ghana’s petroleum hub to receive US$15bn from investors
The Ministry of Energy has shortlisted three bids for Ghana’s petroleum hub project, with one of the investors pledging up to…
Tullow Oil plans to generate $7bn
Tullow Oil is projecting to generate $7 billion (€5.9 billion) over the next decade regardless of Ghana’s level of oil…
Russia on track to become world’s top gold producer by 2029 – report
Despite some disruptions caused by the covid-19 pandemic, Russia is expected to surpass China as the world’s top gold producer…
Five oil majors reduce value of their assets by $50 billion in Q2
Five oil majors (including Exxon Mobil and British Petroleum) reduced the value of their assets by $50 billion in Q2, 2020.…
Exxon: 20 percent of global oil and gas reserves may be wiped out
After a grim second quarter season for Big Oil, the world’s third-most valuable energy company is warning that 20% of the…
Facilitate more exploration projects to mitigate impact of COVID-19 –…
Jubile partner, Kosmos Energy, has urged government to facilitate exploration projects for oil companies in the wake of the…
Ghana’s oil production up by 15 percent in 2019
A total of 71,439,585 barrels of oil were obtained from the three producing fields – Jubilee, Sankofa Gye Nyame (SGN) and…