Thursday, November 21, 2024
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Oil

Gabon oil workers to persist with strike as some output resumes

Some oil production from fields in Gabon resumed on Friday despite a continuing strike by workers, although output remained severely constrained. Gabon's government sent soldiers...

Uganda inches closer to oil production by 2020

Partners in Uganda’s oil and gas are closer to making a final investments decision following the announcement that three companies will be involved in technical studies for upstream development.

Nigerian oil workers’ union announces nationwide strike

A Nigerian oil labour union has begun a nationwide strike hitting petrol stations and oil tankers, while oil industry workers have shut down seven...

Oil hits 18-month highs as markets eye output cuts

Oil prices hit 18-month highs on Tuesday, the first trading day of 2017, buoyed by hopes that a deal between OPEC and other big...

Algeria to rejuvenate aging oil wells to boost output

A gas field is seen near Zarzaitine in In Amenas,1,600km (994 miles) southeast of Algiers, Algeria. Photo Credit: Reuters   Algeria has launched a programme to...

Oil dips before holiday week; Libyan output boost weighs

Oil edged lower on Friday ahead of the Christmas and New Year holiday week as the market waited to see how OPEC would manage...

Nigerian parliament opens inquiry into long-disputed Shell, Eni oil field

Nigerian President Buhari.   Nigeria's lower house opened an investigation on Tuesday into an offshore oil field owned by Royal Dutch Shell and Eni, the latest...

Oil surges after output cuts, strong dollar weighs

A gas station attendant pumps fuel into a customer's car at PetroChina's petrol station in Beijing, China. Photo Credit: Reuters   Oil prices jumped to their...

OPEC oil output hits record high

OPEC's oil output set another record high in November ahead of a deal to cut production, a Reuters survey found on Monday, helped by...

Nigeria’s lawmakers summon oil minister over deals with China and India

Nigeria"s Oil Minister and OPEC president Emmanuel Ibe Kachikwu. Photo Credit: Reuters     Nigeria's parliament summoned the country's oil minister on Tuesday to clarify details of...

Latest news

Nigerian High Commission apartments in Ghana demolished

Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers. The apartments have been constructed to...

Covid-19: Ghana records significant recovery numbers

Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered. The significant number of recoveries means the country now...

DR Congo: President’s ex-chief of staff jailed 20 years for corruption

The ex-chief of staff of the president of the Democratic Republic of Congo has been jailed 20 years by a high court. Vital Kamerhe was...

Covid-19: Zimbabwe’s health minister arrested, charged for graft

Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million. Moyo is accused of illegally...

Ghana’s new law that jails citizens not wearing facemask 10 years

Ghanaians who fail to wear the face masks in compliance with a presidential directive risk going to jail for ten years. They also face a...
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