Major oil-producing countries led by Saudi Arabia and Russia agreed on December 4 to maintain their current output levels in a climate of uncertainty and ahead of fresh sanctions against Moscow coming into force next week.
The establishment of a petroleum hub in the Jomoro District in the Western Region will create about 680,000 jobs, the Western Regional Minister Kwabena Okyere Darko-Mensah has said.
The decision by the Finance Minister, Ken Ofori-Atta to cap the Ghana Stabilisation Fund at $100 million and the use of excess money from the Fund for other emergency purposes is taking a heavy toll on the fund, an assessment by the Public Interest and Accountability Committee (PIAC) has revealed.
The Minister of Energy, Mathew Opoku Prempeh has said as the second largest contributor of carbon dioxide emissions, petroleum upstream sector companies must play a significant role in Ghana’s quest to drift towards energy transition.
Member of Parliament for North Tongu, Samuel Ofudzeto Ablakwa
has pointed to missing oil revenue as captured in the 2021 Auditor-
Ghana has no spot on the list of Africa’s top 10 most expensive gas prices for October 2022, the latest GlobalPetrolprices.com survey has indicated.
Energy experts at the Africa Energy Conference 2022 have advised the African Continent Free Trade Area (AfCFTA) members to come together in order to create a competitive front in nuclear power, which has become the new energy wave for industrialisation.
Both Brent and WTI climbed for a third straight day on Friday, but fell about 1.5 per cent for the week on a stronger dollar and demand fears
Hogan Lovells has announced that it has advised Barak Fund and TriLinc on an 8-year $425m facility with Genser Energy Ghana to fund gas midstream projects.
The war in Ukraine has renewed European interest in investing in African oil and gas projects, according to a report from Reuters