Tag: Oil Production
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South Sudan not to shut down oil production
South Sudan said it would not shut down oil production despite growing pressure from lawmakers calling for a temporal halt due to declining oil...
GDP slumps in second quarter
Provisional figures from the Ghana Statistical Service released, last week, explained that, this was due mainly to a temporary halt in oil production.
"The economy...
British firm to start oil production in Kenya in 2017
Tullow Oil Chief Operating Officer, Paul McDade, said Wednesday that Kenya will be an oil exporting nation mid next year.
He said...
Low activities in Ghana’s Oil and Gas region very disturbing
After discovering oil in commercial quantities nine years ago, Ghana currently faces drought in exploration activities in the upstream petroleum sector.
This situation is what...
Austria’s OMV reports huge first quarter profits and revenue drops
The company said its revenues dropped 31 percent to 3.99 billion euros (4.56 billion U.S. dollars), while its earnings before interest and taxes fell...
