Energy

Oil prices rose on Monday as a tropical storm in the Gulf of Mexico prompted drillers to evacuate rigs and shutdown production, although gains were...

Oil prices slid nearly 2 per cent on Thursday after U.S. data showed a surprise build in crude stockpiles last week related in part to...

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...

Ghana lured investors to its power industry to end chronic electricity shortages with deals it can no longer afford. The deals’ terms require the government...

Oil and gas exploration company Tullow Oil has appointed a new independent non-executive director on the company’s board of directors. Tullow Oil said on Wednesday...

One of the country's strategic assets, the Tema Oil Refinery (TOR) is about to be handed over to a phony company under some bizarre circumstances...

The Ministry of Finance (MoF) has directed the Ghana National Petroleum Corporation (GNPC) to expunge the US$50 million loan owed by the ministry from its...

The Federal Government’s removal of petrol subsidy and the increase in electricity tariff are in line with reforms being sought by the International Monetary Fund...

The Ghana Oil and Gas Insurance Pool (GOGIP) raked-in a gross premium income of about GH¢302 million (US$63 million) in 2018 and GH¢267 million (US$48...

The main operator of Ghana's electricity grid, Ghana Grid Company, (GRIDCo) has attributed the recent intermittent power outages to challenges with some of its key...