Tag: Oil

US$310m received for Petroleum Holding Fund for H1 2020

The Petroleum Holding Fund (PHF) posted US$310.14 million as the amount of…

David Apinga

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…

David Apinga

Ghana’s GDP to hit a four-decade low of -0.9% this year

Ghana’s economic growth will suffer a huge impact due to the coronavirus…

David Apinga

Drilling through a broken oil market, repercussions for our local market

International Brent Crude plummeted momentarily on Tuesday, 21st April, the lowest since…

Raymond Nuworkpor

Oil prices turn negative as demand dries up

The price of US oil has turned negative for the first time…

David Apinga

More than 3bn barrel-oil in our new block – Springfield

Springfield Exploration and Production (SEP) Limited and its Partners, Ghana National Petroleum…

David Apinga

New oil discovery: Ghana’s future is positive- Ken Ofori-Atta

Finance Minister, Ken Ofori-Atta, says Ghana has discovered oil just like the…