The Public Interest Accountability Committee (PIAC) has revealed that the Carried Participating Interest
(CAPI) dominated the revenue earnings for Ghana in 2023.
The Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Joseph Abuabu Dadzie, has downplayed the significance of a recent report by the Public Interest and Accountability Committee (PIAC) that revealed a decline in Ghana’s crude oil production.
Tullow has formalised a strategic partnership with the Ghana Forestry Commission to implement a high-integrity, jurisdictional-based Reduced Emissions from Deforestation and Degradation (REDD+) programme.
The Ministry of Lands and Natural Resources and the Forestry Commission have signed a historic Emissions Reductions Purchase Agreement (ERPA) with Tullow, marking a significant milestone in Ghana’s efforts to address deforestation and forest degradation.
Guyana raised its crude oil production by an annual average of 98,000 barrels per day from 2020 to 2023, making the South American country the third fastest growing producer outside the Organization of the Petroleum Exporting Countries in the three-year period, the United States Energy Information Administration (EIA) reported Tuesday.
Nigeria produced 159,158,191 barrels of crude oil in the first four months of 2024; data by the Nigerian Upstream Petroleum Regulatory Commission has shown.
Co-chair of the Ghana Extractive Industry Transparency Initiative (GHEITI), Dr Steve Manteaw, has called on the government to bring some predictability to the regulations governing the operations of companies in the oil sector.
osneft’s ROSN.MM Black Sea oil refinery in Tuapse resumed operations on Sunday after a drone attack on May 17, an industry source familiar with the plant’s work told Reuters.
TotalEnergies and partners Petronas and Sonangol have taken FID on the Kaminho oil project in Block 20/11 offshore Angola.
Muanda International Oil Company (MIOC), Perenco’s offshore DRC subsidiary, has made an oil discovery during its drilling campaign off the coast of the Democratic Republic of Congo (DRC), which is said to be the first offshore exploration success in the African country in nearly three decades.