TotalEnergies pledges $6 billion in Nigeria oil, gas… Mercy Aboagye Dec 19, 2023 0 TotalEnergies reaffirmed its commitment to business interests in Nigeria, the French company said, adding that its…
Oil extends weekly gain with focus on Red Sea shipping… Mercy Aboagye Dec 18, 2023 0 Oil rose following its first weekly gain since late October as major shipping lines suspended transit through the…
Analysts say oil prices unlikely to hit $100 in 2024 Mercy Aboagye Dec 18, 2023 0 Surging non-OPEC+ oil production and significant storage space held by the OPEC+ group will continue to put…
Uganda will soon be exporting oil: an energy economist… Mercy Aboagye Dec 11, 2023 0 Uganda entered into agreements in 2012 with two foreign oil entities to exploit its oil resources. Total…
Chevron plans to spend $14 billion on oil and natural gas… Mercy Aboagye Dec 7, 2023 0 Chevron will allocate $14 billion for upstream investments in 2024, the company said in a budget update that saw…
Traders don’t see OPEC+ substantially lifting oil prices Mercy Aboagye Nov 30, 2023 0 Portfolio managers continued to be bearish on crude oil prices ahead of the now-delayed OPEC+ meeting, further…
Riskier Bets, Smaller Pockets: How National Oil Companies… Mercy Aboagye Nov 29, 2023 0 As the energy transition accelerates and government finances deteriorate national oil companies (NOCs) are…
National Oil Companies betting $1.2 trillion of public money… Mercy Aboagye Nov 29, 2023 0 Few state oil enterprises are prepared for the energy transition, new research shows State-run oil companies plan…
Ghana records $2bn positive trade balance as exports hit… Mercy Aboagye Nov 27, 2023 0 Total exports at end-October 2023 stood at $13.4bn. This compares favourably to the total imports value of…
Tema Oil Refinery Board addresses concerns raised by… Mercy Aboagye Nov 27, 2023 0 The Board of the Tema Oil Refinery (TOR) has responded to the concerns raised by the Attorney General and Minister…
Oil hedging volumes 62% below 2020 levels Mercy Aboagye Nov 24, 2023 0 Oil and commodity producers as well as heavy consumers frequently employ a variety of hedging strategies to protect…