OPEC daily basket price $25.11

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The price of OPEC basket of thirteen crudes stood at $25.11 a barrel on Tuesday, compared with $25.58 the previous day, according to OPEC...

Electricity tariff hike cut to 45%, 50%

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The government has agreed to reduce the recently upwardly adjusted electricity tariff from 59.2% to 45% and 50%, respectively for two specific categories of...

Oil resumes decline near $30

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Oil resumed its decline near $30 a barrel after US industry data showed crude stockpiles increased, exacerbating a global glut. Futures slid as much as...

Power consumption too high – Minister

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Mr John Abdulai Jinapor, the Deputy Minister of Power, has urged the public to conserve energy in their usage of power as there is...

SA’s economy to remain weak – S&P

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Ratings agency Standard & Poor’s (S&P’s) expects a tough year for the South African economy. In its ‘Sub-Saharan Africa Rating Trends 2016’ report, the agency...

Boris: Don’t blame Google for paying low taxes

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Boris Johnson has said it is "absurd" to blame corporate giants for the "derisory" sums of tax they pay in Britain, as most companies...

Second FPSO, Atta Mills, sets sail to Ghana

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FPSO Prof. John Evans Atta Mills, which will produce and store oil from Ghana’s Tweneboa-Enyenra-Ntomme (TEN) offshore oil fields, began its voyage to Ghana...

Coca-Cola announces “One Brand” global marketing approach

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Drinking a Coca-Cola, any Coca-Cola, makes the moment special. The Company’s Chief Marketing Officer, Marcos de Quinto, has revealed a new 'One Brand' global marketing...