Kudus Mohammed, says Ghana currently has a one month supply of crude oil in storage capacity.
Wood has signed a 10-year master services agreement with Chevron for engineering and project-related services
The Ministry of Energy has admitted that the current persistent increments in fuel prices are a big challenge for them
The global oil market currently is characterised by the ongoing geopolitical tensions, post-pandemic challenges, supply chain issues and rising inflation, resulting in price hikes
The United States Department of Energy has put up 45 million barrels of oil for sale from the country’s strategic reserves as part of President Biden’s largest-ever plan
Brent crude futures for August were up 46 cents at US$121.63 a barrel as of 0642 GMT after falling to as low as US$120.65 earlier in the session
Prices of petroleum products are expected to witness one of the biggest jump in recent times, from Thursday, June 16, 2022
The number of total active drilling rigs in the United States rose by 6 this week, after drilling increases stalled out in the week prior, according to new data from Baker Hughes published on Friday.
The US government has agreed to provide USD 10 million to prevent an oil spill from an aged FSO offshore Yemen
Oil falls from 3-month high.
Partial lockdowns in Beijing and Shanghai spark fears of new dip in crude demand