The Ministry of Finance is examining the fiscal impact of a possible extension of support measures against inflation.
This is because the state stands to lose revenue if the reduction of consumption tax on fuel for transportation and heating, as well as the subsidy on electricity, continues for several more months.
“AOW: Investing in African Energy” – formerly known as Africa Oil Week – has engaged in a rebranding campaign to pose as allies to Africa’s energy development. Yet this new name fails to reflect Africa or her people and is a slap in the face to the continent’s resource development strategy and vast energy needs. Look at the leadership team of Hyve Group. No Blacks and No
The recent “Mexico Oil and Gas Upstream Market” report by Report Ocean gathers insights and assessments through genuine consultations with key stakeholders, including CEOs, Managers, Department Heads of Suppliers, Manufacturers, and Distributors. This comprehensive study aims to thoroughly examine the global industry, target market, competition, and various influencing factors.
Norway’s Equinor on Feb. 7 pledged to maintain stable oil and gas production up to 2035 after a 14% jump in its Q4 oil output year on year, propelled by projects at home and in the Americas.
Tellurian is exploring the sale of its Haynesville upstream business in East Texas and Louisiana, the liquefied natural gas (LNG) firm said on Tuesday, as it looks to raise capital for its Driftwood LNG project.
There is an urgent need to reconsider and redesign the Emissions Levy 2023 (Act 1112), which took effect on February 1, 2024, if it is to fulfil its intended purpose, Co-chair of the Ghana Extractive Industry Transparency Initiative (GHEITI), Dr. Steve Manteaw, has argued.
Ghana earned $521.86 million from crude oil in the second half of 2023, the Second-Half Ghana Petroleum Funds 2023 has revealed.
The Petroleum Division on Tuesday rejected a news report appearing in a section of media titled “CCI approves 25% hike in the sale price of gas,” terming it incorrect and contrary to facts.
Gold was Ghana’s major export for the year 2023, earning the country $7.6 billion from merchandise exports, according to the Bank of Ghana.
Italy’s oil giant Eni has confirmed its decision to convert the Livorno refinery into a bio-refinery.
Eni’s Livorno refinery, located in the north of Italy, has been operating since 1936. It has a refining capacity of 105 kbbl (thousand barrels)/day and mainly manufactures lubricant bases, fuel oil, gasoline, and special products.