Most oil exploration companies need prices to climb above $ 60 before they'll feel confident about launching new projects and staffing up again. (fortune.com)
The argument for raising rates is that it would help increase financial market stability by putting a damper on investors «reach for yield,» which can be seen everywhere from a bubbly tech sector to plentiful financing for oil exploration companies even as oil prices remain depressed. (fortune.com)
The Minister for Energy, Boakye Agyarko has inaugurated a committee to supervise the open competitive bidding of Ghana's oil blocs to prospective oil exploration companies. (ghtvonline.com)