Tag: oil
We have cleared our debt – BOST MD
The current management of the Bulk Oil Storage and Transportation Company Limited (BOST) has serviced the entire debt of the company, ushering a new...
Ghana plans to buy oil with gold instead of U.S. dollars
Ghana's government is working on a new policy to buy oil products with gold rather than U.S. dollar reserves, Vice-President Mahamudu Bawumia said on...
Pushing the Ghanaian boundaries in mining by ‘turning the white space...
The Local Content and Local Participation Regulation 2013, (LI 2204) is most often cited in speeches and grandiose political rhetoric about the need to...
BOST: We’ve paid $585m of our debts
The management of the Bulk Oil Storage and Transportation (BOST) company limited, has paid US$585 million of its US$624 million trade debt it inherited...
Ghana has tried to be responsible with its oil wealth. This...
After Ghana discovered oil and gas in 2007, the government and civil society aspired to avoid the “resource curse”. This is when countries have...
Takoradi: Boy, 2, dies as oil tankers explode
A two-year-old boy has died after a huge blaze ravaged three oil tankers in Ghana's Western Regional capital, Takoradi.
The incident occurred on Wednesday at...
The Way Forward: How Africa can make a comeback from the...
Stunning drops in crude oil prices—the result of COVID-19-related declines in demand and an oil price war between Saudi Arabia and Russia—have been taking...
How Africa’s oil & gas industry can bounce back from COVID-19
The double crisis of the COVID-19 pandemic and the collapse in oil prices is taking a toll on African economies and the African energy...
What just happened to the price of oil?
We have just witnessed an oil price crash like never before taking prices of West Texas Intermediate into deeply negative territory.
The spot price of...
OPEC+ slashes production, saves Oil Industry from collapse
In a watershed moment for the oil and gas industry, OPEC and its allies in the OPEC+ group finalized a deal on Easter Sunday...
