Oil prices extended gains early on Wednesday as a storm continues to disrupt crude loadings in the Black Sea and the market awaits news about the next move from OPEC+ set to hold a meeting on Thursday.
A company owned by oil and gas giant Shell has been slapped with a fine by the energy regulator Ofgem, weeks after the communications regulator also fined part of the customer-facing part of the group.
Toxic pollutants released during gas flaring are endangering millions more people than previously feared, a BBC investigation suggests.
The Best Western Atlantic Hotel in Takoradi was the scene for this
year’s Local content conference organised by the Petroleum
Commission of Ghana.
The West African Gas Pipeline Company – the limited liability company that owns and operates the West African Gas Pipeline (WAGP) – has commissioned the interconnected pipeline in Ghana to the Sentuo Oil Refinery project in Tema.
Bank of Ghana (BoG) has announced that it will gradually phase out the Gold for Oil policy,
implemented in February 2023 to stabilize fuel prices.
The Central Bank believes that the programme has achieved its purpose and is no longer necessary.
The Mobile Telecommunications Network, (MTN) is exploring new opportunities for connectivity offshore, to improve its digital accessibility, and to enrich and brighten lives on that side of the shore.
The revelation came to light during an Executive Connect Session sponsored by the mobile giant for players in the upstream sector.
Eni has signed an agreement with Swiss company Open Energy Platform (Open EP) to regulate gas supply to Switzerland and Italy in case of emergency.
The Italian company will ensure the gas supply from France in the event of interruptions or significant reduction of gas flow from Germany to Switzerland and Italy.
The government is working towards achieving universal access to electricity by the third quarter of next year, the Minister of Energy, Dr Matthew Opoku Prempeh, has said.
The Nigerian Senate has invited 15 companies including Dangote Oil Refinery, NIPCO Gas Limited and NIPCO Plc to explain how they spent over N120billion intervention fund disbursed to them by the Central Bank of Nigeria.