Production

West Africa, with about 380 million people, is the final frontier for global automakers looking to increase manufacturing capacity in a region where they currently have little presence. While local …

Gold has topped US$2,000 (£1,527) an ounce for the first time as traders look for havens amid the pandemic. Investors have moved cash into the precious metal as Covid-19 cases …

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, …

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 …

The West-Africa Competitiveness Programme in Ghana (WACOMP – Ghana), funded by the European Union (EU) and implemented by United Nations Industrial Development Organization (UNIDO), organized, on 22 July 2020, an …

The Chamber of Independent Power Producers and Bulk Consumers [CIPDiB] is asking government to factor the payment of the almost USD$1.4 billion debt in the upcoming 2020 mid-year budget. The …

Standard Chartered Bank has announced that Kasapreko Company Limited has become the first client to make a drawdown under its US$1billion financing commitment to help companies tackling COVID-19. The Ghanaian …

Pharmaceutical producer, Intravenous Infusions PLC, has presented 100 cartons of normal saline (IV fluids) to the Noguchi Memorial Institute for Medical Research (NMIMR), University of Ghana. The fluids, according to …

Aker Energy Ghana has reaffirmed its commitment to finding a solution that will allow for the commencement of a phased development of the Pecan field offshore Ghana. “In a time …