Energy

A truce in Libya has busted open a renewed source of oil supply, further threatening the commodity’s faltering recovery from its historic drop earlier this...

Uganda is expected to earn $14.6 million (about Shs 55 billion) as capital gains tax on the sale of oil and gas interests in Uganda...

Oil retreated as a further increase in Libyan output threatens to return more supply to a market that’s already grappling with a pandemic-induced slump in...

Russia does not rule out the possibility that OPEC+ could extend its current 7.7 million barrels per day of production cuts into next year, according...

The Electricity Company of Ghana (ECG) has taken delivery of 15 drones to provide effective monitoring and auditing of the company’s networks. This is to...

Shares in UK-based Tullow Oil jumped 40 percent on Wednesday after the company announced that it received approval from the Ugandan government to sell a...

The Petroleum Hub Development Bill, 2020, which is to allow for the establishment of a petrochemical hub in the Western Region has been passed by...

The National Petroleum Authority (NPA) has rubbished all the five grievances by the Ghana National Petroleum Tanker Drivers Union, saying, their concerns as unfounded. According...

The Institute for Energy Security (IES) is predicting that fuel prices will remain stable in the second half of October. Touching on the local fuel...

The International Monetary Fund downgraded its outlook for Middle East and Central Asian economic recovery, predicting a 4.1 per cent contraction for the region as...