Oil prices slid on Monday as concern grew that a record rise in coronavirus infections worldwide could stall a recovery in fuel demand, outweighing tighter supplies from major producers.
Brent crude LCOc1 fell 10 cents, or 0.2%, to $42.04 a barrel by 0655 GMT, while U.S. crude CLc1 was at...
Oil producing nations with a high average fiscal break-even, but also oil traders have been caught off guard by the plunge in oil prices this Spring.
Oil nations are forced to diversify faster or face the consequences.
The world’s largest oil trader has seen its first-quarter net profit...
George Mensah Okley, an energy expert, who, until a year ago, was the Managing Director of the Bulk Oil Storage and Transportation (BOST) company, has been confirmed dead earlier today.
Very reliable sources in executive management position at the company and its Senior Staff Association, confirmed to the B&FT that...
Physical interactions are less desired as cases of the COVID-19 pandemic surge in many countries. This has the potential to limit farmers' access to inputs and extension support services, which play a major role in enhancing farm-level productivity and improve farmers’ incomes and livelihoods. Under the Next Generation Cocoa...
Gold production in Democratic Republic of Congo continues to be systematically underreported while tonnes of the precious metal is smuggled into global supply chains through its eastern neighbours, a United Nations report has found.
The countries along Congo’s eastern border have long been conduits for gold worth billions of dollars...
Gold miners will need to invest $37 billion into projects in the next five years to maintain 2019 production levels and counter the prospect of peak supply, consultancy Wood Mackenzie said in a report on Wednesday.
With no major new gold discoveries over the last few years, miners have resorted...
The Auditor-General (A-G) has submitted a report on the Management of Petroleum Funds for 1st January 2018 to 31 December 2018 to Parliament.
A statement signed by Mrs Ama Awoe-Bosumafi Assistant Director of Public Relations Unit on behalf of the Director General, and copied to the Ghana News Agency, in...
In the second week of December last year, one issue that emerged at the energy sector front, particularly the downstream sector in Ghana and was discussed in the media was the increment of Bulk Oil Storage and Transportation (BOST) Company Limited’s margin.
The government, through the downstream regulator, National Petroleum...
Oil slumped on Monday, extending last week's losses, as new coronavirus infections hit China, Japan and the United States' increasing concerns that a resurgence of the virus could weigh on the recovery of fuel demand.
Brent crude futures fell $1.32, or 3.4percent, to US$37.41 a barrel by 0716 GMT, while...
Ivory Coast farmers say leaving crop to rot
Cashew prices at unprofitable lows, some farmers say
Africa raw cashew exports to fall 30% - industry body
Buying picks up in Ghana, output on track to reach target
Olivier Gore-Bi took out loans to ready his 12-acre cashew farm in...