The S&P 500 closed out 2024 with a total return of 23.3%, building on its 24.2% gain in 2023. Despite a weaker finish to the year, the index notched 57 record closes, fueled by optimism around artificial intelligence (AI) and the Federal Reserve’s interest rate cuts. Every sector in the index posted gains for the year, but seven of the eleven sectors underperformed the broader benchmark, while five delivered returns of at least 20%.
Azerbaijan’s promise to double its annual gas exports to Europe by 2027 may be a step closer to realization with the news that BP has found new gas reservoirs beneath its existing Azeri–Chirag–Gunashli oil field (ACG) in the Caspian Sea.
Energy Minister, Dr. Matthew Opoku Prempeh popularly known as Napo was on on Saturday, July 8, named the overall Africa Role Model in Politics and Governance at the 14th MTN Pulse Africa Role Model Awards held at the Great Hall, KNUST.
The government has started the process of developing a comprehensive policy to regulate and protect jobs for Ghanaians in the upstream petroleum sector.
The Inflation Reduction Act (IRA) provides incentives for accelerating the rollout of clean energy in the United States and for a surge in green jobs.
Equatorial Guinea, a small nation located on the west coast of Central Africa, has been steadily emerging as a significant player in the global energy market.
Energy market reforms in Guyana have been gaining momentum in recent years, as the country seeks to diversify its energy sources, reduce its dependence on imported fossil fuels, and promote sustainable development.
President Akufo-Addo will open the maiden Africa Energy Technology Conference (AETC) in Accra to explore efficient and affordable energy technology towards accelerating the country’s economic growth.
The oil and gas industry is at a crossroads. With the impacts of climate change becoming more severe every year, it’s clear that fossil fuel consumption must decline to prevent global warming from crossing a dangerous threshold.
The upheaval in oil and gas markets started by Russia’s war in Ukraine is helping fuel a clean-energy boom as countries scramble to secure their power supply.