A glut of unsold Nigerian oil has built up again with as much as half of output due to be loaded next month still searching for buyers.
The GOIL Company PLC, registered a net profit after tax of GHC123.89 million in 2022, up by 26% compared to the previous year, Reginald Daniel Laryea, chairman of the GOIL board of directors, has announced.
The UK government has announced new oil and gas tax changes, which it says are set to protect energy security and British jobs.
The domestic oil and gas industry is looking at Budget 2023 for some relief as the upheaval in the global crude prices due to the Russia-Ukraine war led to huge losses.