Category: Oil & Gas

Tullow Oil plc has announced the successful completion of the refinancing transaction.

Paris, France// — Sierra Leone has strengthened its upstream petroleum ambitions with the signing of a Reconnaissance Permit Agreement with Shell Exploration Company B.V., marking a significant step in its efforts to attract investment and advance offshore basin evaluation.

Countries face vastly different exposure to higher oil prices and supply uncertainty, shaped by whether they import or export, and how much policy space they have to respond The war in the Middle East has disrupted oil and gas flows and darkened the global economic outlook. But the impact is far from even. As Managing Director Kristalina Georgieva […]

Accra, Ghana//-ZEN Petroleum Holdings PLC,  a fully integrated Ghanaian energy group with operations across bulk distribution, storage, transport, logistics, retail and bunkering, today raised GH¢640 million through an initial public offering (IPO).

The lack of progress in US-Iran talks and their continuous postponement (now to Wednesday) are keeping the oil market on tenterhooks, with Trump’s Tuesday comments about ‘not wanting to extend the truce further’ sending another wave of anxiety across market watchers.

Petrol theft has surged by 62% compared with a year ago, according to new figures compiled for the BBC, with one forecourt owner saying drive-offs are costing him £2,000 a week across his five sites.

Ghana’s petroleum sector is facing mounting pressure after the country recorded a sharp drop in oil revenue, losing nearly 600 million dollars in a single year, according to the latest report by the Public Interest and Accountability Committee (PIAC).

Accra, Ghana//-On the fertile grounds of Tamale, a visionary was born. Dr Ibrahim Mahama’s journey from the classrooms of Tamale Senior High School to the halls of the College of North West London was just the prologue to an extraordinary story of grit, vision, and nation-building.