Like many nations worldwide, Ghana increasingly recognises the urgent need to shift from traditional fossil fuels to renewable energy sources. With the growing global climate crisis and rising energy demands, the call for renewable energy investments is no longer just a policy option—it’s a necessity. For a country like Ghana, poised to become a leading economic hub in West Africa, transitioning to renewable energy is not just
essential but a matter of immediate action for environmental sustainability and long-term economic growth.
The Minister of State at the Ministry of Energy, Herbert Krapa, has called on global investors in the oil and gas industry to take advantage of the safe investment regime, robust democracy, and stable and peaceful atmosphere in Ghana and invest in the country.
The National Petroleum Authority (NPA) has announced that the Atuabo Gas Processing Plant, which experienced a power-related issue that temporarily halted LPG production, is set to return to full
operational capacity by October 15.
Woodside Energy Group has completed its acquisition of 100 percent equity interest in OCI Clean Ammonia Holding B.V., which holds its lower carbon ammonia project in Texas from OCI N.V.
Crude oil prices rose on continued geopolitical tensions following Iran’s 200-missile barrage on Israel.
Norway’s state-owned energy giant Equinor has selected compatriot company AGR, part of energy and marine consultancy ABL Group, for the provision of subsurface and field development support related to project developments of its facilities, offshore installations and onshore plants.
Oil and gas production at Sakhalin projects being developed under production sharing agreements is stable, Sakhalin Region Governor Valery Limarenko said at the Sakhalin Oil and Gas forum.
During his visit to the UK, Minister of Petroleum and Mineral Resources Karim Badawi met with bp CEO Murray Auchincloss to discuss the company’s plans to accelerate exploration and production (E&P) activities in its Mediterranean concession areas. The meeting was also attended by William Lin, Executive Vice President of Low Carbon Energy Projects; Engineer Nader Zaki, Regional President of bp for the Middle East and North Africa; and Engineer Moataz Atef, Head of the Central Administration of the Technical Office and official spokesperson for the ministry.
Mosman Oil and Gas Ltd (AIM:MSMN) CEO Andy Carroll talked with Proactive’s Stephen Gunnion about the sale of the company’s Stanley assets in the US. He explained the rationale behind this decision, highlighting the company’s new focus on helium. Carroll stated, “The bottom line is, we can now fully concentrate on the helium portfolio, which is looking very positive, particularly in the USA.”
Nigeria’s federal government has unveiled fiscal incentives and VAT exemptions to revitalise the country’s upstream and downstream oil sectors.