Tellurian is exploring the sale of its Haynesville upstream business in East Texas and Louisiana, the liquefied natural gas (LNG) firm said on Tuesday, as it looks to raise capital for its Driftwood LNG project.
There is an urgent need to reconsider and redesign the Emissions Levy 2023 (Act 1112), which took effect on February 1, 2024, if it is to fulfil its intended purpose, Co-chair of the Ghana Extractive Industry Transparency Initiative (GHEITI), Dr. Steve Manteaw, has argued.
Ghana earned $521.86 million from crude oil in the second half of 2023, the Second-Half Ghana Petroleum Funds 2023 has revealed.
The Petroleum Division on Tuesday rejected a news report appearing in a section of media titled “CCI approves 25% hike in the sale price of gas,” terming it incorrect and contrary to facts.
Gold was Ghana’s major export for the year 2023, earning the country $7.6 billion from merchandise exports, according to the Bank of Ghana.
Italy’s oil giant Eni has confirmed its decision to convert the Livorno refinery into a bio-refinery.
Eni’s Livorno refinery, located in the north of Italy, has been operating since 1936. It has a refining capacity of 105 kbbl (thousand barrels)/day and mainly manufactures lubricant bases, fuel oil, gasoline, and special products.
Eni SPA has presented to the Widodo government its natural gas expansion plans for Indonesia and at the same time signed an agreement with the energy ministry for energy transition cooperation, the Italian energy major said.
(WO) – The President of the Republic of Indonesia Joko Widodo met Eni Chief Executive Officer Claudio Descalzi in Jakarta on Feb. 2 to discuss the company’s ongoing activities in the country and to outline initiatives in the areas of energy transition and decarbonization.
HOUSTON – In a strategic move, Tellurian (NYSE:TELL) Inc. (NYSE American: TELL), a Houston-based energy company, has announced the engagement of its financial advisor Lazard (NYSE:LAZ) to explore the sale of its upstream business. This decision comes as the company shifts its focus toward the development of Driftwood LNG, its liquefied natural gas project.
Oil and gas activity in the Permian basin remained unchanged in the fourth quarter while most companies in the biggest US oil-producing basin expect little change in their capital spending for 2024 compared to 2023, the latest Dallas Fed Energy Survey showed.