Financial Discipline Supports Global Oil & Gas Sector Outlook

Fitch Ratings-Moscow-16 December 2021: Fitch Ratings expects most oil and gas (O&G) companies across all regions to show broadly stable year-on-year performance due to continued financial discipline, supporting a neutral…

Hess CEO Addresses Greatest Challenge Facing Oil Industry Today

HOUSTON—Continued underinvestment in oil and gas developments could lead to negative consequences, particularly in developing areas needing access to affordable energy, a trio of energy industry experts warned.“Unless we start…

Climate Change Is Threatening 40% Of All Global Oil And Gas Reserves

Extreme weather events resulting from the changing climate are threatening some 40 percent of the world’s recoverable oil and gas reserves, risk consultancy Verisk Maplecroft has said in a new report.The…

Government poised to ensure Ghana attains technical sufficiency in oil exploration – Egyapa Mercer

Government says it is poised to ensure Ghana attains technical sufficiency in oil exploration.Deputy Energy Minister, Andrew Egyapa Mercer, says this would require that the country optimises technology transfer as…

We need to develop capacity to produce own oil – Energy Minister

The Minister for Energy, Dr. Matthew Opoku-Prempeh, has made a strong argument for the country to start developing its capacity to explore and produce oil as international companies are withdrawing…

Ghana: Oil Spillage Requires Robust System – EPA

Takoradi — The Environmental Protection Agency (EPA) in the Western Region on Friday declared that it required a robust system to forestall any spillage from the oil and gas activities…

Oil & Gas Firms to Spend US$15 Billion on Digital Transformation Technologies by the End of the Decade

Oil & Gas firms face a myriad of operational, commercial, and existential threats. According to global technology intelligence firm ABI Research, Oil & Gas firms are turning to digitalization to…

Tullow Oil PLC’s Board Chair to visit Ghana

Chairman-designate of Tullow Oil plc Phuthuma Nhleko and Chief Executive Officer, Rahul Dhir will pay a two-day working visit to Ghana from the 15th to 16th of December 2021. In October 2021, Tullow…

Government reviewing Local Content law for youth participation in oil and gas sector

Local content law states prioritization of employment for GhanaiansA review of the law will give more opportunities to the youthThis will also create an enabling environment to boost the oil…

Nigeria Wins Global Award for Pushing Reforms in Oil, Gas Industry

Nigeria yesterday emerged the overall best country at the Open Government Partnership (OGP) global awards taking place in Seoul, South Korea, for its recent reforms in the oil and gas…
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