NPA approves 2-month removal of Price Stabilisation, Recovery levy to reduce fuel prices

October 12, 2021 The National Petroleum Authority (NPA), has approved the removal of the Price Stabilisation and Recovery Levies (PRSL) on petrol, diesel, and LPG for two months. This was announced in a...

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October 12, 2021 / Comments (0)

Oil production in Ghana threatened by continuous drop in Brent crude prices – IES

April 22, 2020 The Institute of Energy Security, IES, says oil producers in Ghana may be compelled to halt their production if the global price of Brent Crude continues to fall. The price of US oil turned...

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April 22, 2020 / Comments (0)

US oil prices turn negative as demand dries up

April 21, 2020 The price of US oil has turned negative for the first time in history. This is according to the British Broadcasting Corporation (BBC). That means oil producers are paying buyers to take...

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April 21, 2020 / Comments (0)

OPEC, Russia meet again to approve biggest ever oil cut

April 15, 2020 OPEC, Russia and other oil producing nations were meeting on Sunday in a bid to clinch a deal on the biggest oil cut ever, amounting to 10 percent of global supply, after their initial...

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April 15, 2020 / Comments (0)