Brent crude was down 26 cents, or 0.3%, to US$95.48 at 0815 GMT US West Texas Intermediate (WTI) inched up from Monday to US$89.19, up US$2.32 or 2.7% from Friday’s close
Government will be embarking on a roadshow in some major oil and gas countries to expose investors to the heavy potential of petrochemicals in Ghana’s shores.
The Dutch month ahead wholesale gas price, a benchmark for Europe, was up as much as 26% on Monday, before falling back slightly.
The Ghana Journalists Association (GJA) and the Public Interest and
Accountability Committee, PIAC have rekindled their commitment
“Three decades from now the vast majority of energy will come from hydrocarbons.” This prediction was made earlier this week by Chris Wright, chief executive of Liberty Energy, the second-largest fracking services provider in the U.S.
Despite sanctions and pledges to stop buying Russian crude, the country’s oil output has continued to exceed expectations.
China has locked down the city of Chengdu, beginning today, as the latest demonstration of its zero-Covid strategy.
The U.S. Fifth Circuit Court of Appeals in New Orleans on Tuesday upheld a US $14.25 million judgment against Exxon Mobil Corp for pollution from its Baytown, Texas, refining and petrochemical complex.
The Vice Chairman of the Public Interest and Accountability Committee (PIAC), Nasir Alfa Mohammed, has said the existence of the committee has impacted positively on petroleum revenue management (PRM) in the country in the past 11 years.
The upstream petroleum industry awarded contracts worth US$3.6billion to indigenous companies over the last three years, thereby deepening the local content policy.