The Public Interest and Accountability Committee (PIAC) has called for an urgent need to improve the legal, regulatory and fiscal framework to enhance the country’s investment climate and thereby attract the needed investments in the industry.
The ruling by a Finnish court came after Russia failed to pay €4.6bn in compensation to the Naftogaz Group following its occupation of Crimea in 2014.
An unprecedented amount of resources are flowing into Louisiana to help address abandoned oil and gas wells that present environmental and safety risks throughout the state. But according to a state audit, the money is nowhere near enough to get ahead of the problem, which continues to grow despite progress made in recent years.
The new oil refinery in Cabinda, Angola will now be commencing production by April, as it completes its first phase. According the project owners, the refinery will be commissioned in January-February, with its first supplies of fuels reaching the local market in March-April 2025.
CNOOC Limited has announced that its wholly owned subsidiary, CNOOC Africa Holding, has entered into the Exploration, Development & Production Contract (EDPC) with Midland Oil Company (Md.O.C) for Block 7 in the Republic of Iraq.
The Lubrizol Corporation has named Oil Store as Channel Partner for our refrigeration, including industrial applications, and heat transfer fluid product brands in the U.K., Europe, Middle East and North Africa, expanding upon an already successful channel partner relationship in the U.K.
Springfield’s $200m Investment Drives Ghana’s Oil Sector Towards New Heights With Afina-1x Appraisal
In a bold step for Ghana’s energy future, Springfield Exploration and Production Limited has initiated a crucial appraisal of the Afina-1x well, aiming to cement its role as a leader in Ghana’s oil sector.
Government could buy petroleum products from Nigeria’s Dangote Oil Refinery once the facility is operating at full capacity, cutting more expensive exports from Europe, the head of the country’s oil regulator said on Monday.
Kosmos Energy (KOS.N), opens new tab said on Tuesday a Paris-based arbitrator has ruled in favour of BP (BP.L), opens new tab, prohibiting Kosmos from selling to third parties liquefied natural gas from the Greater Tortue (GTA) project offshore Senegal and Mauritania.
The CEO of Pecan Energies Ghana Limited, Mrs. Kadijah Amoah, has challenged students of Wesley Grammar Senior High School in Accra to demonstrate grit and resilience in the pursuit of their life goals. She addressed the students as part of the Energy Personalities Outreach Programme, a flagship impact-oriented initiative of the Ghana Energy Awards. Mrs. Amoah was named the ‘Female Energy Personality of the Year’ at the 2023 awards.