Lands Minister and Acting Environment Minister Emmanuel Armah-Kofi Buah has called on world leaders to rally behind Ghana and Africa in achieving clean and sustainable energy for global progress, declaring the continent ready to become a powerhouse of green energy.
John Abdulai Jinapor, Minister of Energy and Green Transition, has expressed grave concern over the country’s declining oil production.
The International Monetary Fund (IMF) is urging government to intensify efforts to shift Ghana’s energy mix toward cheaper fuel sources such as natural gas to lower power generation costs and ease financial pressures within the sector.
At a time when global appetite for oil investments is shrinking under the weight of the energy transition, Kadijah Amoah, CEO of Pecan Energies Ghana, has issued a bold call for African nations to turn inward and leverage the continent’s own wealth to fund the future of its oil and gas sector.
Nigeria’s national oil company is set to increase oil production to 2 million barrels daily over the next two years, its executive vice president for upstream said. By 2030, NNPC will be pumping 3 million barrels daily, Udy Ntia also said, as quoted by the News Agency of Nigeria.
Libya’s National Oil Corporation (NOC) said on Tuesday its wholly-owned subsidiary Arabian Gulf Oil Company (ACOGO) has made a new oil discovery in the Ghadames basin in northwestern Libya, close to the Libyan-Algerian border.
In a statement posted on its website recently, 80 Mile Plc announced that an independent petroleum reserves and resources evaluation identified “13 billion barrel potential” at Jameson Land Basin in Greenland. “80 Mile plc … notes the recent announcement … by its U.S. joint venture partner, March GL Company and Pelican, regarding the results of an independent assessment and […]
SM Energy Co. and Civitas Resources Inc. have agreed to merge in an all-stock transaction valued at approximately $12.8 billion, creating one of the largest independent oil-focused producers in the United States. Under the terms of the agreement, Civitas shareholders will receive 1.45 shares of SM Energy common stock for each Civitas share. Upon completion, […]
bp plc reported operating cash flow of $7.8 billion and underlying replacement cost profit of $2.2 billion for the third quarter of 2025, reflecting stronger upstream performance and improved refining margins across its global portfolio. Chief Executive Officer Murray Auchincloss said bp delivered “another quarter of good performance across the business,” highlighting continued operational strength, cost […]
Thierry Lepercq, Founder and President of HyDeal Ambition – a platform uniting 30 companies across the entire green hydrogen value chain – will speak at the MSGBC Oil, Gas & Power 2025 conference and exhibition, taking place from December 8–10 in Dakar, where the company will also participate as a Strategic Partner. Building on its […]