US oil prices turned negative for the first time on record on Monday as North America’s oil producers run out of space to store...
To say this pandemic poses a threat of serious losses to the Petroleum Industry worldwide might not adequately capture the sheer numeric magnitude of...
While oil contribution to government revenue is expected to drop by nearly US$600million, the sector's total contribution to Gross Domestic Product (GDP) is set...
Zambia has become the latest African country looking for help to tackle its hefty debt burden this week as international lenders and analysts are...
Ten years after Ghana discovered oil and started commercial production three years later, government says it plans to increase production volumes by moving to...
Nigerian energy firm Forte Oil said it plans to sell its upstream services and power businesses in Nigeria and divest from Ghana to focus...
GOIL Board Chairman Kwamina Bartels has given the strongest indication yet that the state oil player is ready to be a major player in...
Ghana Oil Company Limited (GOIL) has expressed interest in moving upstream to become a major player in the exploration and production business.
Its Board Chairman,...
A team of officers from the National Petroleum Authority (NPA) is in the Central Region visiting selected communities as part of a nationwide door-to-door...
Four major oil-funded projects that were listed as completed in the Northern, Upper West and Brong Ahafo Regions cannot be traced, Kumasi Institute of...