27.6 C
Accra
Friday, June 18, 2021
Home Tags Crude Oil

Tag: Crude Oil

Oil Tanker

Oil futures extending gains on demand hopes

Crude oil futures are moving higher Wednesday morning, extending gains from the previous session, amid optimism about increased energy demand, and on the decision...
File photo taken on March 12, 2019 shows operating oil pumps in Luling of Texas, the United States. U.S. oil prices turned negative on April 20, 2020. West Texas Intermediate crude for May delivery shed more than 300 percent to settle at -37.63 U.S. dollars per barrel on the New York Mercantile Exchange. (Xinhua/Wang Ying)

Crude oil declined by 6.3 percent – PIAC

0
The production of crude oil fell by 6.3 per cent in 2020 from the 2019 volume, the first such drop in over three consecutive...
File photo taken on March 12, 2019 shows operating oil pumps in Luling of Texas, the United States. U.S. oil prices turned negative on April 20, 2020. West Texas Intermediate crude for May delivery shed more than 300 percent to settle at -37.63 U.S. dollars per barrel on the New York Mercantile Exchange. (Xinhua/Wang Ying)

Crude oil futures settle higher

Crude oil futures closed notably higher on Monday amid hopes energy demand will increase in the U.S. following reopening of businesses in several parts...
Ministry Of Mines And Hydrocarbons

Equatorial Guinea: Ministerial Order signed to grant oil & gas companies 2-year extension on...

0
In the face of the COVID-19 global pandemic and its consequences on oil prices and African economies, the Ministry of Mines and Hydrocarbons (MMH)...
OPEC logo is pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria September 28, 2016. REUTERS/Ramzi Boudina/File Photo

OPEC daily basket price stands at US$21.18 per barrel

0
The Organization of the Petroleum Exporting Countries (OPEC) daily basket price stood at 21.18 U.S. dollars a barrel on Monday, compared with 21.77 dollars...
Oil

U.S. crude oil inventories up last week

0
The American Petroleum Institute (API) on Tuesday reported an increase of 1.7 million barrels of crude oil in the U.S. crude oil inventories for...
Oil

Iraq’s crude oil exports exceed 98 million barrels in February

0
Iraq said Sunday that it exported more than 98 million barrels of crude oil in February, bringing in revenues of over 5 billion U.S....
petroleum revenue

Weekly oil prices extend gains amid supply risks, China’s incentive measures

0
Oil prices extended gains for the week ending Feb. 21 with the prices of West Texas Intermediate (WTI) for April delivery up 2.03 percent...
petroleum revenue

Libyan oil export hiatus costs US$1.3 billion losses

0
Libya's National Oil Corporation (NOC) on Tuesday said suspension of oil exports due to closure of oilfields and ports caused losses worth more than...

NPA to deploy Automatic Tank Gauging System to check illicit activities at fuel stations

0
The National Petroleum Authority (NPA) says it will deploy an Automatic Tank Gauging and Stock Management and Monitoring Systems at all petroleum retail outlets...
oil-gas refinery

Libya’s oil revenue tops US$20 billion in 2019

0
Libya's state-owned National Oil Corporation (NOC) said on Monday that the country's oil revenues in 2019 exceeded 20 billion U.S. dollars. "NOC's...
oil-gas refinery

U.S. production of crude oil, natural gas forecast to increase in 2019, 2020

0
U.S. production of crude oil and dry natural gas will increase in 2019 and 2020, according to a report released Tuesday by U.S. Energy...
Wpid Vandalised Pipeline

Blast hits major crude oil pipeline in southern Nigeria

0
A major crude oil trunk pipeline belonging to the Nigerian Petroleum Development Company (NPDC) exploded in southern Delta state on Friday, and no casualty...
oil

Anlo youth protests over oil exploration in Keta

0
Hundreds of residents from communities in the Keta Municipality, clad in red, Thursday hit the streets to register their opposition to crude oil exploration...
Wpid Vandalised Pipeline

Militants blow up unrefined petroleum pipeline in Libya

0
A terrorist group on Saturday blew up a crude oil pipeline near the capital Tripoli, the Libyan petroleum installations guards said. "An explosion and fire...
crude oil

Refinery projects to solve Nigeria’s crude oil exporting challenges

0
Nigerian billionaire Aliko Dangote's refinery projects would solve half of the country's crude oil refining and exporting challenges when completed in 2019, an official...
killing children

Nigerian Children Dying in the Hands of Crude Oil?

0
When thunder crackles in the Niger Delta, like the sound of a short burst of fire, the pounding rain is never far behind it. Caught...

Nigeria to back oil production cuts – Oil Minister

0
The federal government will support a cap on its oil production, minister of state for petroleum, Ibe Kachikwu, said Wednesday. The production cap would come...

US exports of crude oil, petroleum products double in last six years – EIA

0
United States (US) crude oil and petroleum product gross exports have more than doubled over the past six years, says the Energy Information Administration...
Oil and gas

Ghana Crude Production Dropped in 2016

0
Crude Oil production recorded a decline of 13 per cent in 2016 despite the fact that Ghana’s second major oil production field, the Tweneboa-Enyenra-Ntomme...
Petroleum hedging

Hedging Ghana’s crude oil – Experts View

0
Energy experts here Tuesday urged the Ghanaian government to conduct due diligence before deciding to hedge the country's crude oil, to forestall a situation...
Jubilee Field

Oil production declines by 40 percent in Ghana’s Jubilee Field

0
Crude oil production from Ghana's Jubilee Field declined by 40 percent, said the Public Interest and Accountability Committee (PIAC) in a report released here...

Energy helps Canadian stocks open week ahead

0
The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index gained 43.04 points, or 0.30 percent, to end the session at 14,598.45 points. Six...
The Tema Oil Refinery has been idle for several years

Ghana: TOR to refine TEN crude oil

0
However, energy analyst, Kwame Jantuah has called for the expansion of the Tema Oil Refinery (TOR) in order to be able to refine much,...

Local businesses got contracts worth one billion from oil industry

0
He said the award of contracts to local enterprises was in compliance with the country’s Local Content and Participation Policy which had created over...

President Mahama to inaugurate TEN Oil Field project

0
He said this at a durbar of fishermen and fishmongers in Axim in the Nzema East Municipality, on Tuesday, as part of his “Changing...
Oil

Japan ardently seeks to purchase More Bruneian Oil

0
Japanese ambassador Noriko Iki was quoted by Brunei Times on Thursday that Japan is importing crude oil from Brunei, and buying more would contribute...
footballs

St Buratai’s pontification

0
Nigeria has an abundance of everything. Not just crude oil, solid minerals and agro-produce. Just watch the street corners and newsstands after a match...

By July 2017 Kenya will begin exporting 2,000 barrels of oil a day

0
Deputy Chief of Staff in the Executive Office of the President Nzioka Waita told a media briefing in Nairobi that the oil will come...

Nigeria not to tolerate oil theft in Niger Delta

0
The Nigerian leader, represented by Vice-President, Yemi Osinbanjo, gave the warning at the launch of "Clean-Up of Ogoniland" in southeast Rivers State. ...