The UK government has released a five-year plan that essentially doubles down on efforts to reduce emissions of carbon dioxide as a top priority in the energy space.
Eni SpA’s renewables arm Plenitude has signed a binding deal to buy power and gas utility Acea Energia SpA, part of Italy’s Acea SpA.
Turkiye’s state-owned BOTAS has signed separate 10-year agreements for the supply of liquefied natural gas (LNG) from SEFE Securing Energy for Europe GmbH and Eni SpA.
The oil and gas exploration company focused on the offshore Atlantic Margins, announces the Company has entered into a binding Framework Agreement, the Orinduik Option and the Block 1 CBK Option with Navitas Petroleum LP (“Navitas”), an international oil and gas exploration and production partnership with a portfolio of established North American and Falkland Islands oil and gas assets (the “Strategic Partnership”).
Market traders within the La Nkwantanang-Madina Municipal Assembly have called for an increased government stake in Ghana’s upstream petroleum sector to enhance the benefits accruing to citizens.
Energy analysts are firmly backing government’s decision to explore a restructuring or possible acquisition of Springfield Exploration and Production’s interest in the West Cape Three Points Block 2 (WCTP-2), describing the indigenous company’s investment record as “one of the boldest bets ever made by a Ghanaian firm in the upstream sector.
Natural gas will be a pivotal component of Africa’s energy future as it is uniquely poised for growth despite the move toward a surplus liquefied natural gas (LNG) supply in the global gas cycle.
The European Union has reached a deal to phase out Russian gas faster than originally planned, a move that aims to finally sever ties between the bloc and its once-primary energy supplier.
Syrian President Ahmed al-Sharaa met delegations from US oil major Chevron and the Syrian Petroleum Company to discuss cooperation in oil and gas exploration fields on Syrian shores, the Syrian state news agency said on Tuesday.
Nigeria has tendered 50 oil and gas blocks, eyeing $10 billion in new investments over the next ten years and 400,000 barrels daily in additional production capacity, local media report.