Tag: Crude
OPEC Raised Oil Production By 400,000 Bpd In May
OPEC’s crude oil production rose by 390,000 barrels per day (bpd) to…
Tullow to invest $4.4bn in oilfields
Tullow Oil Ghana has announced a $4.4-billion investment in the country’s oilfields…
Oil Prices Climb Despite Crude Build
Oil prices rose on Wednesday morning, despite a somewhat surprising EIA inventory…
Oil set for 20% drop in 2020 as lockdowns weigh
Global crude prices edged higher on Thursday but lost more than a…
Shell launches major cost-cutting drive to prepare for energy transition
Royal Dutch Shell is looking to slash up to 40% off the…
TOR needs capital injection to avoid collapse, warns COPEC
Ghana’s only refinery has for long been loss-making and riddled with debt,…
US$310m received for Petroleum Holding Fund for H1 2020
The Petroleum Holding Fund (PHF) posted US$310.14 million as the amount of…
European Oil Giant Slashes Oil Price Forecast To $48 Per Barrel In 2021
Italy’s Eni lowered its long-term oil price assumptions on Tuesday, saying that…
More than 3bn barrel-oil in our new block – Springfield
Springfield Exploration and Production (SEP) Limited and its Partners, Ghana National Petroleum…