Tag: Oil Production
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OPEC+ Oil Output Rise May Ease Ghana Fuel Costs, Risks Loom
OPEC+ has agreed to boost oil production by 548,000 barrels per day starting September 2025, potentially lowering global prices and offering relief to fuel-dependent...
South Sudan Boosts Oil Exploration to Revive Economy Amid Challenges
South Sudan has finalized an agreement with joint oil operating companies to intensify exploration and drilling activities across prospective fields, aiming to increase production...
Global Gas Flaring Hits 17-Year High, Waisted US$63 Billion
Gas flaring surged to 151 billion cubic meters (bcm) in 2024 the highest since 2007 wasting energy worth up to $63 billion and emitting...
OPEC+ Accelerates Oil Output Hike as Global Prices Slide
OPEC+ will boost crude production by 548,000 barrels per day in August—exceeding market forecasts and fast-tracking the reversal of its 2023 supply cuts.
The decision,...
Ghana’s Economy Grows 5.3% as Industrial Sector Lags
Ghana's economy expanded by 5.3% in the first quarter of 2025, according to official data released by the Government Statistician.
While this marks an improvement...
