The CEO of Ghana National Petroleum Corporation (GNPC), Kwame Ntow Amoah, has been appointed Chairman of the African Petroleum Producers’ Organisation (APPO), marking a significant milestone for Ghana’s leadership in the continent’s energy sector. The appointment was formalised during a handover ceremony at the 7th APPO National Oil Companies CEOs Meeting in Accra today, where […]
Nigeria’s Midstream and Downstream Gas Infrastructure Fund (MDGIF) and the African Export-Import Bank (Afreximbank) have signed a memorandum of understanding (MoU) for a four-year debt and equity plan of up to $500 million to expand and modernize Nigeria’s natural gas infrastructure.
Global oil trading firm Vitol and US fuel distributor Sunoco have taken delivery of the first petrol cargo imported into the US from Nigeria’s Dangote refinery, Reuters reported on Monday, citing sources familiar with the matter. Vitol is said to have purchased the 320,000-barrel cargo from Geneva-based Mocoh Oil and sold most of it to […]
TotalEnergies SE and its partners have begun construction for the Ratawi field redevelopment project and a seawater supply project in Iraq, the final components of the country’s over $13 billion Gas Growth Integrated Project (GGIP).
Ukraine’s Naftogaz Group said it has so far received 400 million cubic meters (14.13 billion cubic feet) of liquefied natural gas (LNG) from the United States under an agreement with Poland’s ORLEN SA.
GreenIT SpA has signed a new project finance agreement for EUR 370 million ($434.2 million) to support its renewable energy projects. GreenIT, a joint venture between Eni SpA’s Plenitude and CDP Equity, plans to invest the funds in the development of a portfolio of greenfield projects onshore Italy.
The facility will involve a floating production vessel with the capacity to produce some 12 million tons of liquefied natural gas annually. The markets for this LNG will be in the Pacific Basin, per the project’s website, with a focus on Asia, where demand for low-emission fuels is growing.
The world needs to develop new oil and gas resources just to keep output flat amid faster declining rates at existing fields, the International Energy Agency (IEA) said on Tuesday in a major shift in its narrative from 2021 that ‘no new investment’ is needed in a net-zero by 2050 scenario.
AOW:Energy Ghana Day Program
Nigeria’s crude losses from theft and metering issues dropped to their lowest in nearly 16 years at 9,600 barrels per day (bpd), the West African country’s upstream regulator has reported. Representing the one year to July, the figure is the lowest daily average since 2009, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). “So […]