Prices of petroleum products are expected to witness some mixed reviews at the pump stations from this weekend
Ecuador’s oil industry was hit particularly hard by the global Covid-19 pandemic.
It is now struggling to find its feet, facing increasingly difficult challenges on both the domestic and international fronts.
The Public Interest and Accountability Committee (PIAC) noted in2019, that the Ministry of Finance, Tema Oil Refinery, Bulk OilStorage Transport, and Ghana Gas owed the Ghana NationalPetroleum Commission GH¢1,318,393,339.
The country faces a potential judgement debt over a stalled decommissioning of an old oil rig at Saltpond in the Central Region, warns the Institute of Energy Research and Policies (INSTEPR).
The Tema Oil Refinery (TOR) says it is in negotiation with a private investor, Decimal Capital Ltd, to refine crude oil in Ghana.
The United States has slammed the repeated rocket and mortar attacks directed at the oil and gas infrastructure in the Iraqi Kurdistan region.
A well at a site operated by local Nigerian firm Eroton Exploration and Production Limited has been spilling oil and gas into the Niger Delta for more than a week, the company and an agency responsible for detecting oil spills said.
China’s first intelligent factory producing extraction equipment for marine oil and natural gas was put into operation on Sunday
In line with Tullow Ghana’s deep-rooted commitment to supporting Ghanaian suppliers and subcontractors in the oil and gas industry, the company in collaboration with the Petroleum Commission (PC) has held the third session of its webinar workshops on security and man guarding services.
The government should avoid giving wholesale fiscal tax incentives to certain oil companies operating in the country’s oil fields, Nasir Alfa Mohammed, Vice Chair of the Public Interest and Accountability Committee (PIAC), said here