Oil blocks 2&3 agreement to be laid before parliament next month

Following two years of negotiations of the agreement on the oil blocks located in the Western Basin of the country, the Director of Petroleum at the Energy Ministry, Benjamin Kwame Asante has revealed that the final agreement of Ghana’s first oil bid and licensing round will be laid before parliament before the close of the year

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