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Russia’s new sanctions, which include a total of 30 entities, have increased momentum as the European Union stalls over plans for a Russian oil ban.
Brent crude futures slipped US$1.32, or 1.2%, to US$106.19 a barrel by 0646 GMT. WTI crude futures fell US$1.52, or 1.4%, to US$104.19 a barrel
Gas is cheaper than crude when used for a generation, but free Gas from jubilee had always been preferred due to the impact on pricing.
Government says it is currently receiving proposals from potential strategic investors for a possible restructuring of the Tema Oil Refinery (TOR).
A former CEO of GNPC, has officially launched a book which chronicles his role and steps Ghana’s national oil company took leading to the discovery of oil in commercial quantities in 2007.
Government to establish new State-owned Enterprises (SOEs) in the energy and mining sectors in the wake of continuous losses incurred by existing energy sector SOEs.
Brent crude futures rose 88 cents, or 0.8%, to US$108.47 a barrel by 0639 GMT after gaining 2.1% in the previous session
Government is anticipating a significant utilization of renewable energy sources towards attaining the UN Sustainable Development Goal 7 by 2030.
Some prices of petroleum products are expected to go up from May 1st, 2022,