The Business Edition of PM Express will tonight discuss challenges in Ghana’s oil industry and the steps to improve its fortunes.
Nigeria’s rig count has been growing since the last quarter of last year and crude oil production has also been on the rise on the back of aggressive exploration and improved security in the Niger Delta. OPEOLUWANI AKINTAYO examines the impact these recent developments would have on the country’s economy Nigeria’s oil rig count has maintained an […]
The Minister of State, Petroleum Resources, Chief Timipre Sylva, has said that Nigeria will soon attain two million barrels of daily crude oil production target.
According to the most recent report that Occidental Petroleum Co submitted to the Securities and Exchange Commission, Jupiter Asset Management Ltd made a new investment in the company during the third quarter.
The United States produces more oil and gas than any other country.
Wrapped into the drama of electing a new Speaker of the House, Republicans agreed to a rule requiring hearing and votes on several pro-fossil fuel bills that seek to address non-existent problems while creating the risk of locking in—literally—another century of oil and gas drilling on federal public lands and offshore areas.
Ghana, like many other countries around the globe, is currently facing significant
energy price hikes caused by the ongoing war between Russia and Ukraine
coupled with monetary policy issues.
ALL Grace Energy Limited (AGEL), an indigenous oil company operating (OML17) in Rivers, has reaffirmed commitment to the development of its host community in compliance with the Petroleum Industry Act (PIA).
Oil prices drifted lower in early trade on Monday, thinned by the Lunar New Year holiday in east Asia, but held on to most of last week’s gains on the prospect of an economic recovery in top oil importer China this year.
Nigeria’s ability to produce crude oil has crashed by 83 per cent, findings have shown.