ENI has expressed its satisfaction with the decision of the Milan Court of Appeal which, confirming in the first degree, rejected the appeal made by the Nigeria Civil Party aimed at obtaining compensation for the procedure on the acquisition of the OPL 245 block and required Nigeria to pay legal fees.
The Ministry of Petroleum Resources says it has developed a framework for the concessioning of oil and gas pipeline assets.
Permanent Secretary, Ministry of Petroleum Resources, Amb. Gabriel Aduda, disclosed this at a workshop in Abuja.
The Minister of Energy, Mathew Opoku Prempeh has said as the second largest contributor of carbon dioxide emissions, petroleum upstream sector companies must play a significant role in Ghana’s quest to drift towards energy transition.
The Ghana Upstream Petroleum Chamber (GUPC) has unveiled its energy transition position paper to government as the country prepares along the path of energy transition.
The Ghana Upstream Petroleum Chamber has held its first annual oil and gas conference under the theme “transitioning to a low carbon economy”. The conference brings together explorers, oil and gas producers, and indigenous suppliers and manufacturers in the industry as well representatives from the Ministry of Energy, Ministry of trade and Industry, Ministry of Public Enterprises and the Petroleum Commission. Also in attendance were member companies of the Chamber and other stakeholders.
The Chief Executive Officer Of Ghana National Gas Company, Dr. Ben Asante speaking at the Ghana Oil and Gas Conference at the Marriot Hotel in Accra over the week stated that gas is crucial to the industrialisation agenda of Ghana.
The Chief Executive Officer of the Ghana upstream petroleum chamber, David Ampofo has called on various players in the country’s energy sector to focus attention and more resources on local gas production.
Following the designation of Natural gas as an Energy transition fuel, Exploration and Production Companies have been charged to accelerate oil and gas exploration and production in the next few decades.
Oil and gas will remain key to development as the country transitions to cleaner energy sources, the Ghana Upstream Petroleum Chamber has said – calling for incentives to expedite exploration and development of domestic hydrocarbon resources.
The U.S. is dealing with a diesel shortage at the moment, a fact that has led some consumers to question why the U.S. is still exporting the fuel.