Tullow Oil says it will continue operations in Africa despite plans by other operators to shift from the continent.
The current market situation was attributed to a disruption in supply following moves to ban Russian oil by the European Union
The “Scaling-up renewable energy Programme (SREP),” is to close Ghana’s 12.8 percent electricity reach deficit by increasing access to clean and reliable energy and support socioeconomic development.
Petroleum revenue contribution to the national budget over the last 10 years has been estimated at US$2.6billion,
The upstream petroleum industry in Ghana was energised with the commercial discovery of oil in the Jubilee Field in 2007.
Government to return the Agyapa Royalty Transaction to Parliament for a thorough debate and approval to avoid litigations.
Brent crude futures for July were up US$1.32, or 1.2%, at US$110.43 a barrel at 0700 GMT, after falling by more than US$1 earlier in the session
PIAC therefore recommended the labelling of Annual Budget Funding Amount (ABFA)-funded projects for identification.
The corporate is now hoping to broaden in Africa, with new bulletins anticipated by the tip of the 12 months.
Oil prices edged up on Wednesday on expectations that easing COVID-19 restrictions in China will push up demand and as industry data showed drawdowns in U.S crude inventories. Brent crude was up 23 cents, or 0.2%, at US$112.16 a barrel at 0633 GMT, while U.S. West Texas Intermediate (WTI) crude climbed 71 cents, or 0.6%, to […]