Kosmos Energy Ghana, a leading international deep-water exploration and production company in Ghana’s Upstream Oil and Gas Sector, has constructed a new dormitory block to house visually impaired students at the Ashanti School for the Deaf at Jamasi, in the Ashanti Region.
Tinubu hits it with TotalEnergies as French giant pledges $6 billion in Nigeria oil, gas investments
TotalEnergies reaffirmed its commitment to business interests in Nigeria, the French company said, adding that its head Patrick Pouyanne had met Nigeria President Bola Tinubu in Abuja on Monday.
All emerging nations, not just our own, struggle with electricity. And the straightforward explanation that
electricity is either not available or not available in accordance with demand, etc., is often given. Scientists
have taken the initiative to develop a new device that uses the temperature differential between the European
deep sea and the surface to create power, in an effort to avert this electrical crisis. They have achieved a
completely sustainable and continuous electricity supply by addressing climate change. For the benefit of the
free market economy, there is a growing demand for and use of alternative fuels, particularly as the cost of
petrol and petroleum goods keeps rising. The concept of utilising gasoline made from alternative energy is
not new. For many reasons, it could not be put into reality. Interest in these alternative power generating
methods is growing as energy prices rise in nations like Germany. They are considering using the heat from
the water to create power. Typically, the sea surface temperature is at least 25 degrees Celsius. In contrast, the
sea’s temperature at a depth of 1000 metres is around 4 degrees Celsius. In other words, there is a temperature
differential of more than 20 degrees between the two levels. According to scientists, this disparity in the
water may be used to produce power.
All locations operated under the Red Rover banner formerly owned by Santmyer Companies.
The Joint National Assembly Committee on Petroleum Resources (Upstream, Downstream, Gas) has expressed disappointment over the 2024 budget of the Ministry of Petroleum Resources, stating that it falls short in meeting Nigerians’ expectations.
On the northeastern tip of South America, there are three little countries stacked in a row; anomalies of empire whose imperial histories still have resonance today. Guyana, Suriname and French Guiana. One formerly of the British Empire; one formerly of the Dutch Empire; one still an overseas department of France and all speaking the language that their colonial masters left them. Of these, Guyana, formerly British Guyana and the only English-speaking country in South America, has been in the news lately following a referendum in Venezuela where President Maduro invited Venezuelans to decide if a large chunk of Guyana should, in fact, be Venezuelan. Given the vast oil riches off the coast of Guyana, the referendum unsurprisingly passed. Once the sabre-rattling verbal aggression died down, there was agreement that no one wanted to go to war and that the foreign ministers of each country would negotiate a solution over the next three months.
HOUSTON :Oil rose nearly 2per cent on Monday as investors worried about disruptions to maritime trade and supply costs after the Iran-aligned Yemeni Houthi militant group attacked ships in the Red Sea.
Over the past decade renewable investments have made bigger profits for shareholders than oil investments.
COP 28’s slow walk to decarbonization may bring 2050 goals out of reach.
The pace of divestment from oil could make a major difference for the ultimate returns on energy investments.
Top U.S. banks forecast a median Brent price of $85 for 2024, citing demand growth and potential supply disruptions.
Goldman Sachs revised its forecast to $70-$90 per barrel, while Citigroup predicts an average price of $75, factoring in slower demand growth and higher U.S. output.
The global oil market outlook for 2024 is largely bearish, but increased demand, especially from Asia, could lead to higher prices.
THE Joint National Assembly Committee on Petroleum Resources (Upstream, Downstream, Gas) has decried the 2024 budget of the Ministry of Petroleum, saying it for lacks the capacity to meet Nigerians expectations.