Tag: Oil

Oil Holds Below $63 Amid Oversupply Concerns and Ukraine War Talks

Brent crude slipped below $63, pressured by oversupply and cautious markets, while…

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Ghana Targets New $3.5bn Oil Investments to Reverse Sharp Production Decline – KPMG/UNDP Report

Ghana seeks $3.5bn in new oil investments to reverse a 50% production…

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Ghana Gas Pledges Major Infrastructure Investments to Drive Industrial Growth

Ghana Gas CEO Judith Blay reaffirmed the company’s commitment to expanding gas…

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Govt Moves to Halt Decline in Oil Production with Tougher Compliance and Investor-Friendly Reforms

Ghana is enforcing work obligations, reviewing petroleum laws and boosting local participation…

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Western Regional Minister Urges Petroleum Stakeholders to Channel Oil Gains into Local Economic Growth

Western Regional Minister Joseph Nelson has urged Ghana’s petroleum stakeholders to ensure…

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Cooking Oil, Rice, Livestock Top Informal Imports Worth Over GH¢700m

Ghana imported over GH¢700 million in cooking oil, rice, and livestock through…

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Oil, Gas, Gold, Copper, Sugar, and Rice Drive Africa’s Trade Outlook — Afreximbank Commodity Bulletin

Afreximbank’s new Commodity Bulletin outlines Africa’s path from resource exporter to industrial…

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Investor Confidence in Ghana’s Petroleum Hub Surges as Landmark Project Gains Momentum

Ghana’s multi-billion-dollar Petroleum Hub Project in Jomoro has attracted over 70 investors,…

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Rising Oil Prices Boost Nigeria, but Africa Faces Higher Fuel Costs

Nigerian crude oil prices climbed to $70 per barrel amid global tensions,…

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Ghana Clears Path for New Oil Dev’t, Approves Second Gas Plant to Cut Energy Costs

Energy expansion to save $500m, create jobs, and secure stable power supply

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Only One Imported Food Among Top 20 Inflation Drivers in August

Ghana’s August inflation was driven mainly by local staples, with only vegetable…

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Petroleum Revenues Plunge 56% in First Half of 2025 as Output and Global Prices Fall

Ghana’s petroleum revenues plunged 56% in H1 2025 due to falling crude…

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