Crude has surged in 2022, with Brent hitting US$139, its highest since 2008, in early March as Russia’s invasion of Ukraine exacerbated supply concerns
the price of fuel saw increases on the local market, in response to the rise in prices on the international market.
Ghana is currently reviewing proposals from strategic partners for its ailing premier Tema Oil Refinery, which energynewsafrica.com can confirm.
The International Energy Agency (IEA)’s 10-point plan to reduce the European Union’s reliance on Russian natural gas makes no mention of Africa
The news comes as Vice President Bharrat Jagdeo said that the nation’s oil wealth poses a risk, and that diversifying the fastest growing economy in the world would be critical.
Analysts are predicting that Russia will have to reduce output in the coming months, even suggesting that it could have a permanent impact on the country’s production potential.
Eni declared force majeure on 6 April 2022 after the Ogboinbiri to Obiafu/Obrikom gas line operated by local unit Nigerian Agip Oil Company was damaged by a hacksaw cut
TGS has announced it will provide a second multi-client 3D seismic survey in Egypt’s Red Sea
As the world fails to meet targets to curb climate change, over half of the 150 biggest financial institutions have no restrictions on financing oil and gas
The knowledge acquired at the workshop will afford potential suppliers ample time to identify suitable indigenous and JV partners as required