* In February 2025, the new Minister of Energy announced Ghana’s withdrawal of the forced unitisation directive between ENI’s Sankofa field and Springfield’s Afina discovery. * IMANI was full of praise for the Minister because the forced unitisation order first issued in April 2020 was plainly absurd. It sought to compel Eni and Vitol to […]
Crude oil has returned to below $90 price as global recession fears continue to mount. Brent crude sold this morning, September 19, 2022 at $89.17, whilst WTI crude mostly used in the USA went for $84.20.
Minister of Energy, Dr. Matthew Opoku Prempeh, has commended
the Bulk Oil Storage and Distribution Company Limited (BOST) for
the turnaround in its operational and revenue fortunes.
The Bulk Oil Storage and Distribution Company Limited (BOST) has
increased its profits to GH¢161million in 2021 after it recorded a loss of GH¢291million in 2020.
Oil prices fell early on Monday morning as bearish sentiment continued to weigh on markets amid expectations of further interest rate hikes and concerns about Chinese oil demand.
The plaintiff says the action of the defendant if not restrained by the court would lead to the mass unemployment of skilled Ghanaians in the upstream oil industry
Brent crude futures dropped US$1.01, or 1.1%, to US$91.83 a barrel by 0630 GMT, after settling 4.1% higher on Friday
EcoFlow, a portable power and renewable energy solutions company, will soon introduce its industry-defining portable power stations, smart solar technology, and the world’s first portable home battery with an expandable ecosystem in key West African markets.
The Liquefied Petroleum Gas (LPG) Marketers Association has dismissed the government’s assertion that it is working assiduously to ensure that at least 50%
Decline in returns of Ghana Petroleum Funds’ worrying – Auditor General’s Report