Green Energy International Limited (GEIL), an indigenous company operating the Otakikpo marginal field in Oil Mining Lease (OML) 11, will expand oil production to 25,000 barrels per day next year.
The Ghanaian government on Thursday announced its plans to buy oil products with gold rather than the United States’ dollar reserves
Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that Nigeria needs to spend $410 billion above usual to deliver its energy transition plan by 2060, more than N10 billion yearly.
The Deputy Energy Minister, Dr Mohammed Amin Adam, says government is ready to implement its gold-for-oil barter deal
At least 600 million people in Africa are without access electricity and with inadequate funding for power generation, Russia’s Rosatom state nuclear energy corporation now proposes to provide, over the next several years, mini nuclear plants for generating reliable and affordable power in a number of African countries.
Puma Energy has announced that from 2023 it will offer its commercial and industrial customers the chance to install solar on their sites.
Oil Minister of Libya’s Government of National Unity, Mohamed Aoun, held talks on Friday with the French Ambassador in Libya, Mustafa Maharaj, and his accompanying delegation
Japan’s industry ministry has come out with a draft action plan that would mark a clear departure from the nuclear power policy the government has taken since the 2011 Fukushima nuclear accident
Various parties to the Tema LNG Project have agreed on an amendment to the Commercial Agreements, which effectively frees the national oil agreement from its earlier commitment to be paying for regasified liquefied natural gas now, even at volumes significantly reduced in 2019.
The government has announced plans to review tax exemptions for mining and oil and gas companies in Ghana after the Minister for Finance presented the 2023 Budget and Economic Statement in Parliament on Thursday (24 November).