Oil & Gas

GOIL Company Limited, GOIL, recorded an impressive performance in 2019, with profits increasing by 29 percent and sales growing by 9.66 percent. Addressing shareholders at the company’s 51st Annual General …

President Akufo-Addo has cut the sod for construction of the operational headquarters of the country’s national oil company, GNPC, in Takoradi in the Western Region The seven-storey complex which will …

According to the Congressional Research Service (CRS), measures of economic performance in the refining industry usually begin with the gross margin, referred to as crack spread. The gross refining margin …

Kosmos Energy has reported a second-quarter loss of US$199 million after reporting a profit in the same period a year earlier. The Dallas-based company said it had a loss of …

U.S. oil supermajor ExxonMobil will start suspending the employer match to the retirement savings plans of its employees in October, people who received the notification told Reuters. According to Oilprice.com, …

The National Petroleum Authority (NPA), has launched a pilot implementation of government’s cylinder recirculation model (CRM) at Jomoro in the Western Region. As part of preparatory activities towards the pilot …

Tullow Oil PLC has said its operational performance in Ghana has been strong in the first half with uptime on both Floating Production and Storage and offloading vessels in excess …

Gas Tanker Drivers Association of Ghana, has parked their Bulk Road Vehicles (BRVs) over myriads of challenges with key among them being the ban on newly built LPG stations by …

Chairman of the Pilot Implementation Committee of the Cylinder Recirculation Model, Kweku Agyeman Duah, says the decision to switch from the current model of gas purchase to a door to …

Consumers of gasoline and gasoil in the Republic of Ghana should be prepared to pay more for the commodity in the coming days. According to the Institute for Energy Security …