The Chief Executive Officer Of Ghana National Gas Company, Dr. Ben Asante speaking at the Ghana Oil and Gas Conference at the Marriot Hotel in Accra over the week stated that gas is crucial to the industrialisation agenda of Ghana.
The Chief Executive Officer of the Ghana upstream petroleum chamber, David Ampofo has called on various players in the country’s energy sector to focus attention and more resources on local gas production.
Oil and gas will remain key to development as the country transitions to cleaner energy sources, the Ghana Upstream Petroleum Chamber has said – calling for incentives to expedite exploration and development of domestic hydrocarbon resources.
The U.S. is dealing with a diesel shortage at the moment, a fact that has led some consumers to question why the U.S. is still exporting the fuel.
Natural gas consumption in China could see a one percent decline this year, according to a researcher with Chinese oil giant CNOOC
Exxon has now announced that it has, together with its partners, discovered hydrocarbons in Block 15 off Angola in the Bavuca South prospect.
THE UPPER West Regional Minister, Dr. Hafiz Bin Salih, has said the completion of the Kaleo Solar Power Plant will help transform the region into a hub of economic activities to create jobs, improve livelihoods and alleviate poverty.
The speculation surrounding China’s zero-covid policy has sparked volatility in oil markets, and while crude was moving higher last week, this week may see a turnaround.
Standard Chartered analysts are now forecasting a reduction in global oil demand of over 400,000 bpd year-over-year in the fourth quarter amid increasingly bearish fundamentals.
The OPEC+ group may have to “rethink” its decision to slash their collective oil production target by 2 million barrels per day (bpd) from November as it further stokes inflation and worsens the economic outlook for oil-importing developing nations, Fatih Birol, the Executive Director of the International Energy Agency (IEA), told Bloomberg on Wednesday.