The Ghana Upstream Petroleum Chamber has called on the government to urgently put in strategic incentives to attract more investment in oil exploration in the country.
Declining crude oil production poses a serious threat to the economy if nothing is done to incentivise and expedite exploration, says a report by Ghana Upstream Petroleum Chamber.
Ecopetrol and American super-major Shell have struck gas at the Gorgon-2 appraisal well on the ultra-deepwater COL-5 block in the Colombian Caribbean, the NOC announced on Wednesday.
Ghana Gas is set to construct a 290-kilometre gas pipeline in the country.
The Majority Chief Whip, Frank Annoh-Dompreh, made the revelation in a tweet on Thursday.
Nigerian President Muhammadu Buhari reversed his earlier authorization of Seplat Energy Plc’s $1.28-billion purchase of Exxon Mobil Corp. assets and backed the energy regulator’s decision to reject the deal, according to a spokesman.
researchers have carried an extensive root cause analysis, and have identified the major driver of climate change
While Alberta is the center of Canada’s fossil fuel industry, it is set to also become the country’s largest source of clean energy, outpacing Ontario.
Russia is energy self-sufficient. It does not need to import energy from Africa, it can only act as a fortified gatekeeper
Parliament has passed the Tax Exemptions Bill, 2022, to regulate the application of tax exemptions and other exemptions and to provide for related matters.
As more shippers and insurers turn away from handling Russian oil after its invasion of Ukraine, the remaining tankers still willing to handle such sensitive deals are able to charge higher prices.