Declining crude oil production poses a serious threat to the economy if nothing is done to incentivise and expedite exploration, says a report by Ghana Upstream Petroleum Chamber.
While Alberta is the center of Canada’s fossil fuel industry, it is set to also become the country’s largest source of clean energy, outpacing Ontario.
West Texas Intermediate was down 0.7% near $88 a barrel, after earlier rising above $90.
Vice President Dr. Alhaji Mahamudu Bawumia is expected to deliver a keynote address at this year’s conference dubbed: ‘Energy Transition in the African Petroleum Downstream Context: Prospects, Challenges and the Way Forward
prices of petroleum products on the local market will see the biggest reduction in the next pricing window on August 15th, 2022.
Eni said that the discovery follows the initial finding in a shallower zone of the same well, aggregating to a total gas in place of 2.5 – 3.5 tcf.
Yinson Holdings has signed an exclusivity agreement with super-major BP for the reservation of an FPSO for production of the Palas
Oilfield services companies are among the biggest winners as demand soars on a favorable mix of exploration and offshore activity.
The tight market may get some relief from recovering Libyan output, which has climbed above one million barrels a day
Parliament has passed the Tax Exemptions Bill, 2022, to regulate the application of tax exemptions and other exemptions and to provide for related matters.