Low-Cost Oil And Gas May Make U.S. ”Energy Dominant”

The United States is set to become “energy dominant”, boosted to prominence by its low-cost oil and gas supplies as global prices rise in the future, Bank of America said in a presentation on Wednesday. The shift to renewables will inevitably hike prices for fossil fuels and will keep them volatile—particularly in Asia and Europe. […]

Upstream Reactivation Plan enables an investment of US $ 400 million in 2022 to increase gas and oil production and replenish reserves in Bolivia

The Minister of Hydrocarbons and Energies, Franklin Molina, reported that the Upstream Reactivation Plan enables an investment of US $ 400 million in 2022, which will be used to carry out hydrocarbon exploration and exploitation projects that allow replenishing the reserves and increasing the production of gas and oil

Petroleum Commission Monitors Progress of 150 Beneficiaries Under Training at Jubilee Technical Training Center (JTTC)

A delegation from the Petroleum Commission led by the CEO, Mr. Egbert Faibille Jnr. visited the 150 beneficiaries of the Accelerated Oil and Gas Capacity Building (AOGC)Programme receiving training at the Takoradi Technical University (TTU) last week to monitor the progress of the training.
The purpose of the visit was to have an update on how the students were faring in their training and the challenges encountered.

Here’s why oil blocks 5 and 6 were reserved for direct negotiations ?

Director of Petroleum at the Ministry of Energy, Benjamin Kwame Asante, has disclosed why blocks 5 and 6 of Ghana’s oil were reserved for direct negotiations and not open for licensing round.According to him, these blocks are in deep water hence, requires people who have experience in deepwater exploration to negotiate for its bidding.He furthered […]