The Petroleum Commission, a regulatory body responsible for Ghana’s petroleum industry, says a total of 3,759 Ghanaians are currently employed in the Upstream Petroleum Sector out of 4,147 workforce, of which 388 are expatriates.
Indonesia’s state energy company Pertamina has secured around $3.1bn in financing to fund the upgrade of the Balikpapan refinery on Borneo Island in East Kalimantan, to strengthen national energy resilience.
Petrofac has issued the following pre-close trading update for the six months ending 30 June 2023.
Europe’s benchmark natural gas prices continued to rise early on Tuesday as weather forecasts suggest that most of northwest Europe, the biggest consumers of gas, will see a hotter-than-usual start to the summer, at least until the middle of July.
Africa’s leading oil producers and exporting countries, depend heavily on the natural resource for their foreign exchange earnings.
TechnipFMC deems the contract to be a “significant” one since it is between $75 million and $250 million. Thanks to this deal, the company will supply subsea production systems for Azule Energy’s Block 18 Infills development, offshore Angola.
ABUJA, Nigeria (AP) — A new oil spill at a Shell facility in Nigeria has contaminated farmland and a river, upending livelihoods in the fishing and farming communities in part of the Niger Delta, which has long endured environmental pollution caused by the oil industry.
Equinor, ExxonMobil, Occidental Petroleum and Schlumberger are examining how their technology could be used to process lithium.
Crude oil demand is set to rise to 110 million barrels daily by 2045, which would be a 23% increase from current levels.
The assurance is contained in a statement issued on 24 June under the hand of both the board of directors and the management of TOR