The Environmental Protection Agency says the many simulation exercises and observation of best practices around the globe give Ghana a proper stand to manage any oil spill issues
Cabinda Gulf Oil Company (CABGOC), the Angolan affiliate of Chevron, has signed a deal to extend its Block 0 offshore licence by 20 years to 2050.
A group of Republican lawmakers have introduced a bill that would protect the U.S. Strategic Petroleum Reserves and shore up U.S. energy security, according to a press release published by the Energy and Commerce Committee.
The U.S. natural gas industry has come under fire for its rising investment and production, with government officials and others wanting to see renewable investment instead
Ghana has derived US6.2 billion dollars from the exploration of oil from 2010 to June 2021.
According to PIAC, the Jubilee Oil Field produced 295 million barrels of oil, whiles TEN produced 70million and Sankofa produced 40million
barrels of oil.
The Senior Vice President and Head of Ghana Business Unit-Kosmos Energy, Joe Mensah, has stated that with gas expected to be available in abundance from its expansion operations, his outfit is considering a public-private partnership (PPP) with the government to establish fertiliser manufacturing plants which will make use of the gas.
ConocoPhillips has agreed to sell its remaining Indonesia assets to local oil and gas player Medco Energi for $1.4 billion, the American multinational announced on Wednesday.
Due to a number of U.S. LNG projects coming online by the end of 2022, U.S. capacity will increase to 11.4 billion cubic feet per day.
Stakeholders in the gas sector have called for a well-defined regulatory environment that will help attract the needed financing and investments into the sector.
The lack of investments into the oil industry is steering the world toward scarcity, one of the world’s largest oilfield service providers warned on Monday.