The West African country of Ghana is moving ahead with a second major gas-to-energy project despite the many troubling experiences encountered during its first, a situation that mirrors Guyana’s own struggles with the controversial Wales Gas-to-Energy Project.
Impact Oil and Gas announced on Monday it will separate its Namibian exploration and development business from its South African exploration portfolio in a corporate reorganisation backed by principal shareholders Deepkloof and Meren Energy.
A tanker loaded with crude oil from the U.S. strategic petroleum reserve has set off from the Gulf of Mexico to the Philippines in what is the first U.S. oil shipment to Asia since late 2022, Reuters reported, citing shipping data.
Ghana Investment Promotion Centre has revealed that Ghana attracted an estimated US$2.61 billion in foreign direct investment (FDI) inflows in 2025, signalling a strong rebound in investor confidence amid improving macroeconomic conditions.
African energy investors are increasingly looking beyond domestic upstream opportunities toward major oil, gas and infrastructure developments in South America, with Brazil’s pre-salt offshore sector and Argentina’s expanding LNG and pipeline network emerging as key targets for future capital deployment.
An unofficial draft of a U.S.-Iran interim peace deal says maritime traffic through the Strait of Hormuz can return to normal within a month of the agreement being finalized, according to Iranian state television.
The Tema Oil Refinery (TOR) has taken delivery of about one million barrels of Bonga crude oil, a development seen as a significant push in its ongoing efforts to restore full-scale operations and strengthen Ghana’s downstream petroleum stability.
Trident Energy is expanding its offshore position in the Republic of Congo following its 2025 acquisition of stakes in the Nkossa, Nsoko II, Lianzi and Moho-Bilondo fields, as the company applies a mature-asset redevelopment strategy previously used in Equatorial Guinea.
China’s top offshore crude oil and natural gas producer, CNOOC, on Wednesday announced the launch of full production from phase one development of the Kenli 10-2 oilfield in the south Bohai Sea.
Strohm has secured its first contract in Egypt to supply a thermoplastic composite pipe (TCP) flowline for a West Delta Deep Marine (WDDM) gas development project offshore Egypt operated by Burullus Gas Company.