Dr Doku explained that the delay was due to routine pipeline maintenance, which included an extensive cleaning exercise mandated by regulatory requirements.
Gas prices have declined amid forecasts of milder weather in mid-December, following a brief cold spell that had driven earlier gains. Utilities have stopped drawing heavily from storage, despite colder-than-usual weather recently boosting consumption. Meanwhile, U.S. gas production clocked in at a robust 101.5 billion cubic feet per day in November, but below last year’s peak of 105.3 bcfd. In contrast, European natural gas futures climbed to €48.7 per megawatt-hour, close to their one-year high, as colder weather is forecast to spread across the continent, increasing heating demand.
Oil rose the most in more than two weeks as the US imposed more sanctions targeting Iranian crude and OPEC+ made progress on a deal to keep output off the market.
Tullow Oil disclosed this in its Trading Update, released on November 29, 2024, to investors.
The court is going ahead with the ruling after hearing arguments from both sides on the issues.
As Israel hastens its attacks on Iranian proxies in Syria, amid the fragile ceasefire with Hezbollah in Lebanon, Syrian rebels in the north are resurging to ride these tailwinds with a significant offensive on government-controlled areas.
Two hundred teachers within the Ahanta West municipality of Western Region have participated in a four-day training on phonics, organised by Yinson Ghana.
Kazakhstan is considering the construction of a new gas pipeline to transport gas from Russia to China through its territory. This potential project will be pursued if Moscow and Beijing reach an agreement on the matter. “The issue of a new gas pipeline from Russia to China is within the competence of these two countries. If they agree, Kazakhstan is […]
“The commission will ensure transparency, cooperation, development, growth and the mutual benefits from the sector. The country is committed to providing the enabling environment for investment in the upstream petroleum sector by enacting the appropriate laws, regulations and guidelines to govern the sector,” he assured.
The President noted that Mr. Krapa, who has served as Minister of State at the Ministry of Energy since July 15, 2024, is credited with demonstrating exceptional diligence, professionalism, and a steadfast commitment to his responsibilities.
The oil sector in Ghana, has been a focal point of controversy and debate for several years, especially with the emergence of Springfield Exploration and Production Limited (SGL) and its ambitious claims regarding its oil discovery.