Venture Global LNG has agreed to sell 4 million tonnes per year of LNG to China’s Sinopec, the American gas producer made public on Tuesday through a letter with the US Department of Energy.
Dr Steve Manteaw, Co-Chair of Ghana Extractive Industry Transparency Initiative (GHEITI), has underscored the need for the Ghana National Petroleum Commission (GNPC) to increase its equity participation in the oil and gas industry.
An unprecedented rise in natural gas prices in Europe and Asia, which threatens to disrupt economic recovery, has put the European Union and its national governments in a pretty pickle.
“There are many participants in downstream and upstream operations within the oil and gas industry,”
The Africa Centre for Energy Policy (ACEP) Wednesday said the prices of a litre of petroleum products have increased by about 33 per cent this year. The Centre said these increments introduced significant cost burden on the productive sector and the average Ghanaian. Mr Benjamin Boakye, the Executive Director of ACEP, said addressing that would […]
Major economies will produce more than double the amount of coal, oil and gas in 2030 than is consistent with meeting climate goals set in the 2015 Paris accord to curb global warming, the United Nations and researchers said on Wednesday.
African leaders most often than not pay a blame game with other parties with regards to the mismanagement of the continent’s resources due to extensive corruption, political instabilities, regulatory uncertainties, and civil wars which have created financial poverty, energy poverty and plagued the standard of living across the continent.
The proposed deal between Ghana National Petroleum Corporation (GNPC), Aker Energy and AGM Petroleum Ghana Limited is expected to add
200,000 barrels of oil per day to Ghana’s oil production.
Africa Oil Week (www.Africa-OilWeek.com), the leading oil and gas show in Africa, has announced a stellar line-up of speakers for the 27th edition, scheduled to be held from 8-11 November 2021, at Madinat Jumeirah in Dubai.
In the 18 months since US crude oil prices plunged below zero, international benchmark Brent crude futures have soared past pre-pandemic levels to about $85 per barrel and US West Texas Intermediate futures have surged to around $83.