The Executive Director of the Centre for Environmental Management and Sustainable Energy, Benjamin Nsiah, is calling for a review of Ghana’s Petroleum Act to guarantee a more consistent allocation of locally produced crude oil to the Tema Oil Refinery (TOR).
Equinor ASA, Norway’s biggest oil and gas producer, is looking to sell a number of Angolan fields, according to people familiar with the matter.
Oil edged down as an improving supply outlook out of OPEC+ member Kazakhstan overshadowed fears that a winter storm which pounded swaths of the US with snow, ice and freezing temperatures will crimp production.
Canada has announced rules that have been promised for years to reduce methane emissions in the country’s oil & gas sector.
BP has started production from the Atlantis Drill Center 1 expansion in the US offshore, marking its seventh major upstream startup of 2025, the company said on Thursday.
Ghana has rolled out substantial tax incentives and financial guarantees to attract domestic and international investment in its ambitious 60 billion dollar petroleum hub project in the Western Region.
This initiative will utilize domestic coal. Projects are expected to commence in FY27. The synthetic gas will power NTPC’s plants and be sold externally. This move supports India’s goal to reduce LNG imports and enhance energy security.
Global oil and gas demand could grow until 2050, the International Energy Agency said today, departing from its previous expectations of a speedy transition to cleaner fuels and predicting that the world will likely fail to achieve climate goals.
In an opinion piece for The Guardian Fiona Harvey and Matthew Taylor wrote that it was time for gas exploration in Africa to stop.
Image: Africa Oil Corp.
“Africa must embrace renewable energy and forgo exploration of its potentially lucrative gas deposits to stave off climate disaster and bring access to clean energy to the hundreds of millions who lack it, leading experts on the continent have said,” they wrote.
United States liquefied natural gas (LNG) producer Venture Global Inc this week announced multiple long-term contracts to supply three Greek, Japanese and Spanish companies.