Energy Minister John Abdulai Jinapor has directed the Ghana National Petroleum Corporation (GNPC) and its subsidiary, GNPC Explorco, to step up exploration efforts and lead the national response to Ghana’s declining oil production.
Vice President Professor Naana Jane Opoku-Agyemang held a strategic meeting with Portage Energy, a global clean-energy firm specialising in sustainable waste management, waste-to-energy conversion, and Sustainable Aviation Fuel (SAF) production.
The Government of Ghana is considering a State-led takeover of Springfield Exploration and Production Limited’s (SEP) stake in the West Cape Three Points Block 2 (WCTP2) as part of efforts to safeguard declining petroleum assets and boost national oil production.
Turkey’s state energy company Turkiye Petrolleri AO plans to sell as much as $4 billion in Islamic debt as part of its push to expand oil and gas production, marking the firm’s first such international debt offering.
The role of UK technical and service collaboration in Africa’s energy future was underscored at the Wider African Energy Summit (WAES) in Aberdeen on Tuesday, where operators and industry leaders emphasized the strategic value of North Sea engineering, offshore delivery experience and workforce training for Africa’s next phase of growth.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a large build of 4.4 million barrels in the week ending November 14. Crude oil inventories gained 1.3 million barrels in the week prior.
TotalEnergies SE agreed to buy a 50 percent stake in a portfolio of European power assets for about EUR 5.1 billion ($5.9 billion), expanding in the sector even as some major oil and gas peers retreat.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), as part of its strategic initiative to raise national crude production to 2.5 million barrels per day (bpd) by 2026, has revealed plans to reactivate dormant oil fields in the country.
A big boost for Nigeria’s oil and gas production could be on the way, after Conoil and TotalEnergies signed a major production deal in Paris.
Government says it is undertaking comprehensive regulatory reviews in the downstream petroleum sector, including moves to introduce a new National Petroleum Authority (NPA) Act to align the industry with current market realities.