Tag: Oil

Ghana Can Reach Upper Middle-Income Status with More Oil Discoveries – Seth Terkper

Presidential Advisor Seth Terkper says Ghana can achieve upper middle-income status by…

2 Min Read

Fuel Prices Could Drop to GH¢12 per Litre if Cedi Stability Holds – AOMCs CEO

Fuel prices in Ghana could drop to GH¢12 per litre if the…

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GOIL Proposes Final Dividend of GH¢0.056 Per Share for 2024

GOIL has proposed a final dividend of GH¢0.056 per share for 2024,…

1 Min Read

Global Oil Demand to Slow Sharply in 2025 as EVs Reshape Market

The IEA has lowered its global oil demand growth forecast for 2025,…

2 Min Read

Ghana’s Petroleum Revenue Rises to $1.36 Billion in 2024, Second-Highest on Record

Ghana’s petroleum revenue rose 27.8% in 2024 to $1.36 billion, but concerns…

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Ghana Unveils Ambitious Downstream Agenda to Enhance Security, Reduce Petroleum Costs 

Ghana is developing West Africa’s first integrated petroleum hub to boost fuel…

4 Min Read

African Energy Chamber Urges Investment in Homegrown Solutions to Bridge $20 Billion Energy Infrastructure Gap

The African Energy Chamber urges Ghana and other African nations to invest…

2 Min Read

Tullow-Kosmos Merger Possible Antidote for Ghana’s Declining Oil Production – Energy Strategist

The merger between Tullow Oil and Kosmos Energy could boost investments, address…

5 Min Read

IES Discounts Effects Of Gold-For-Oil On Recent Fuel Price Reduction

The Institute for Energy Security (IES) has expressed skepticism about the impact…

4 Min Read

OPEC Slashes Oil Demand Growth Estimate Again

OPEC lowers global oil demand forecasts for 2023-2025, citing reduced Chinese consumption…

3 Min Read

Fuel Prices Remain Unchanged Despite COPEC’s Projected Reductions

Despite COPEC’s projection of fuel price reductions, major Oil Marketing Companies in…

2 Min Read

High Tax Rates Stifle Ghana’s Oil Sector Competitiveness – Deloitte Report

Ghana’s oil sector is struggling due to high taxes and foreign exchange…

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