THE Government has expressed its resolve to extend the country’s upstream oil and gas exploration and production (E&P) activities towards ultra-deep-water in its quest to ensure a sustainable and long-term industry.
Tullow Ghana Limited remains committed to harnessing the huge potential of hydrocarbons in Ghana’s offshore fields, the Managing Director (MD) of the company, Jean-Medard Madama, has reiterated.
Declining crude oil production in Ghana spanning a four-year period will be the subject for discussion at a two-day technical consultative workshop in Accra.
Diamondback Energy on Thursday signaled lower prices for its third-quarter oil and gas production, making it the third U.S. shale producer to do so in just a week.
A Norwegian appeals court said on Monday it had ruled in favour of the government in a case brought by environmental activists who sought to halt the development of three oil and gas fields.
Opec on Monday cuts its forecast for global oil demand growth in 2024 reflecting data received so far this year and also lowered its projection for next year, marking the producer group’s third consecutive downward revision.
The oil giant’s new focus on fossil fuels signals another defeat for environmental, social and governance aims and has angered campaigners
The restoration of Libyan crude production and an influx of heavy-sour Canadian grades to the US west coast has pressured light sweet Guyana crudes to their widest differential against Argus North Sea Dated since the assessments launched in February.
The OPEC member’s national development hydrocarbon agency, ALNAFT, will announce a new licensing round, looking to attract foreign investment and operators in its oil and gas sector, Algerian Energy Minister Mohamed Arkab said on Monday, as carried by Reuters.
Nigerian independent producer Belemaoil Producing has resumed operations at its oil block Oil Mining Lease 55 after a three-year shutdown as a result of damage to the facility caused by theft, it said on Monday.