OPEC in its monthly report also maintained its prediction that demand would grow by 5.95 million bpd or 6.6% in 2021
OPEC+ reached a deal on Sunday to phase out 5.8 million barrels per day of oil production cuts by September 2022
The founder and CEO of DLO Energy Resources Group, Linda Mabhena-Olagunju has expressed the urgency for Africa to embrace renewable energy power supply now. Renewable Energy, according to Linda offers Africa an opportunity to capture on its power deficit.
Oil prices fell on Friday, heading for their biggest weekly drop since at least May as expectations of more supplies spooked investors, with OPEC likely to add output to meet a potential revival in demand as more countries recover from the pandemic.
Oil prices fell a third day on Friday as supply concerns continued to haunt the market, with OPEC likely to add more barrels amid expectations that demand is returning as more countries recover from the pandemic.
The Public Interest and Accountability Committee (PIAC), Ghana’s petroleum revenue watchdog, has said that the wrongful lodgment of the
petroleum revenues in the Ghana Revenue Authority accounts, was one of its biggest challenges in the month in review.
The African Energy Chamber (AEC) has announced that Ghana will be hosting a pavilion at African Energy Week (AEW) 2021 taking place in Cape Town from 9th to 12th November 2021.