Chevron plans to spend $14 billion on oil and natural gas…
Chevron will allocate $14 billion for upstream investments in 2024, the company said in a budget update that saw…
Browsing Tag
Oil
Traders don’t see OPEC+ substantially lifting oil prices
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…
As the energy transition accelerates and government finances deteriorate national oil companies (NOCs) are…
National Oil Companies betting $1.2 trillion of public money…
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…
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…
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
Oil and commodity producers as well as heavy consumers frequently employ a variety of hedging strategies to protect…
What will the future hold for oil refiners?
The downstream industry has been drawing increasing attention lately, with forecasters essentially warning refiners…
Airlines hedging oil to protect against geopolitical turmoil
Airlines—who has massive jet fuel bills—have been buying oil derivatives contracts to insulate themselves from the…
Gold, Manganese production decline by 12% and 56% – Report
Ghana, a prominent player in the global extractive industries sector, has faced challenges in its gold and…
BDC MD David Aseye Tay convicted of defrauding a Bulk…
In a landmark ruling, David Aseye Tay, the Managing Director of Renaizance Oil Limited, an unlicensed Oil Marketing…