Ghana Gas hints on production of fertilizer, other agrochemicals

Ghana National Gas Company aims to venture into the production of fertilizers and other agrochemicals as itexpands its operations in the country; the Chief Executive Officer, Dr. Ben Asante has…

Oil Prices Bounce Back As Market Demand Recovers

President Biden's $1 trillion infrastructure bill did a lot to counter fears of Covid sweeping through China, with oil prices beginning to bounce back.-     July fuel demand in India rebounded to…

Can Anything Replace China As Demand Driver For Oil?

That the oil-producing world is highly reliant on China's appetite is a fact we are reminded of from time to time. Last year, Chinese buyers dragged oil prices out of…

Ghana seeks $1.7B loan to acquire and develop oil and gas assets

Ghana is seeking parliamentary approval to borrow as much as $1.65 billion to accelerate oil and gas exploration by acquiring and developing assets.The investment push comes after Exxon Mobil Corp.…

Free Markets and an Enabling Environment: Ghana’s Petroleum Commission to Demonstrate How Pragmatic Regulation Drives Investment at African Energy Week in Cape Town

Egbert Faibille, CEO of the Petroleum Commission of Ghana, has confirmed his attendance and participation at African Energy Week (AEW) 2021, taking place in Cape Town on the 9th-12th of November. Confirmed…

15 CSOs petition Parliament to stop GNPC from acquiring stakes in Aker Energy and AGM

Some 15 CSOs in the extractive industry have petitioned parliament to stop the Ghana National Petroleum Corporation (GNPC) from acquiring stakes in Aker Energy and AGM Petroleum Ghana oil blocks.According…

Nuclear Energy Is Staging A Comeback

Nuclear energy had been falling further and further out of favor amid falling costs for renewable energy installations. But suggestions of its death have been highly exaggerated. The $1-trillion bipartisan…

2021 Has Been A Blockbuster Year For Offshore Oil And Gas

For an industry in trouble, the oil and gas industry is doing pretty well in terms of discoveries and final investment decisions. So far this year, 21 new offshore projects…

Cheap Natural Gas Is A Thing Of The Past

The era of cheap natural gas might be gone for good.  U.S. natural gas futures climbed to a 31-month high of 4.16/MMBtu on Thursday thanks to forecasts for hotter weather over…

Oil Search, Santos close to deal to create top 20 global oil firm

SYDNEY, Aug 2 (Reuters) – Oil Search (OSH.AX) said on Monday it intended to recommend an improved buyout offer from Santos Ltd (STO.AX), worth A$8.4 billion ($6.2 billion), in a deal that would…
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