Oil & Gas

ACEP urges incentives for private fuel storage as prices surge in Ghana

Ben Boakye, Executive Director of the Africa Centre for Energy Policy (ACEP), has called on government and industry to incentivise in-country fuel storage and strategic reserves to cushion Ghana’s economy from shocks like recent international conflicts and rising pump prices. Speaking on the Joy Super Morning Show amid significant hikes in local fuel prices, with petrol […]

Pecan Announces New Group CEO

Pecan Energies is happy to announce that its Senior Vice President, Subsurface and Drilling & Wells, Ifor Roberts, is assuming a new role as the company’s Acting Group Chief Executive Officer.

Kosmos Energy Announces Sale of Equatorial Guinea Production Assets to Panoro Energy for up to $219.5 Million

Kosmos Energy (NYSE/LSE: KOS) (“Kosmos” or the “Company”) has entered into an agreement to sell its 40.375% non-operating working interest in the Ceiba Field and Okume Complex production assets offshore Equatorial Guinea to Panoro Energy (“Panoro”) for $180 million, plus future contingent payments of up to $39.5 million.

Tullow Receipt of Tranche B payment for sale of Kenya assets

Tullow Oil plc (Tullow) is pleased to announce it has received $36 million proceeds of the Tranche B payment, under the terms of the Sale and Purchase Agreement (SPA) announced on 21 July 2025 for the sale of its entire working interest in Kenya to Auron Energy E&P Limited, an affiliate of Gulf Energy Limited.