The National Petroleum Authority (NPA) has signed an agreement with Senegal and The Gambia for the importation of petroleum products from Ghana.
The recent ruling by an international tribunal in a case brought against Ghana by ENI and Vitol is big news for all industry watchers in the upstream petroleum sector.
In an exclusive interview, Diana Furchtgott-Roth – Director, Center for Energy, Climate, and Environment, and The Herbert and Joyce Morgan Fellow in Energy and Environmental Policy, at the Heritage Foundation – told Rigzone that oil demand will never peak.
PetroChina, a unit of the state-owned China National Petroleum Corporation, has become one of the 53 signatories of the Oil and Gas Decarbonisation Charter (OGDC), according to Emirates News Agency (WAM).
Russia and Cuba have discussed the idea of building an oil refinery in Cuba with the help of Russian companies, the deputy speaker of the Russian parliament was quoted as saying.
During a visit of Russian lawmakers to Cuba in recent days, the idea of a refinery construction has been discussed, Russia’s TASS news agency quoted deputy speaker Alexander Babakov as saying.
Oil prices were little changed on Monday after Joe Biden announced he would not seek a second term as U.S. president, while investors watched for more signs that U.S. interest rates could be cut as early as September.
The Ghana Upstream Petroleum Chamber is a non-profit upstream petroleum organisation which aims to achieve long term success of the upstream petroleum industry in Ghana.