Leading carbon capture solutions provider, Carbon Clean, has announced the award of a new contract to global engineering experts, KBR, for the detailed design of a carbon capture plant for Ørsted’s FlagshipONE project in Sweden.
Nearly 70 years on, the country has risen to become one of the biggest producers and exporters in Africa, with production hitting an all-time high of two million barrels per day (bpd) in 2010.
The Minister of Power, Abubakar Aliyu, has announced that the long-awaited Zungeru Hydroelectric power project has been completed, and is already supplying 700 megawatts of electricity to the national grid.
Aliyu, who spoke at a farewell party organised for him and the Minister of State, Goddy Jedy-Agba, noted that the development will boost power supply nationwide and significantly fill the gap in the nation’s electricity demand.
The International Energy Agency (IEA) has said that a significant amount of oil and gas profits made in 2022 were used to increase shareholder returns as opposed to investing in clean energy.
Condor Energies, a Canadian based energy transition company, has signed a Heads of Agreement (‘HoA’) with the Ministry of Energy, the Ministry of Mining Industry and Geology and the national hydrocarbon energy company JSC Uzbekneftegaz (‘UNG’) of the Republic of Uzbekistan.
It’s been 13 years since Ghana discovered crude oil in commercial quantities but the country continues to experience gas flaring activities by crude oil producing firms.
Since the discovery of oil in commercial quantities in 2007, Ghana’s petroleum industry has witnessed remarkable growth.
Oil prices recorded big declines on Thursday, with WTI and Brent crude down 3% on the intraday session as debt ceiling jitters overcame optimism about another round of OPEC+ production cuts.
With its economic indicators showing clear signs of recovery, and the current Parti Démocratique Gabonais (PDG) set to retain power after this year’s elections, Gabon’s economic plans are moving ahead at full speed.
Germans are criticizing a government plan to ban oil and gas boilers and replace them with heat pumps, arguing it is happening too fast and is going to cost a lot of money.