Ghana’s Minister of Energy and Green Transition, Hon. John Abdulai Jinapor, has reaffirmed the government’s commitment to fostering investor confidence and promoting natural gas as a cornerstone of the nation’s energy future.
Exxon had nine functional companies that operated relatively independently from one another when Woods took over in 2017, creating layers of bureaucracy and duplication of support services. The company now has three main divisions — production, refining and low-carbon — all of which share services like engineering, IT and project management.
Southern Australian states are heavily reliant on the gas produced in Queensland. Earlier this year, they prompted the government to try and force producers to set aside a certain amount of the energy commodity for the domestic market. Big Oil immediately responded with warnings that this could discourage further investment in the country’s gas industry, which is necessary to boost supply for the future.
“Most firms will suspend share repurchases altogether if oil prices fall below $50 per barrel, whilst protecting base dividends at all costs. Companies will also build flexibility into their investment programmes to rapidly cut spend in response to low prices,” it added.
A quarterly survey of oil and gas companies released today by the Federal Reserve Bank of Dallas quotes industry executives who blast Trump on everything from tariffs and policy uncertainty to his attacks on renewable energy.
The African Energy Commission (AFREC), launched its first oil and gas market study for Eastern African Region, reaffirming its commitment to driving regional energy integration, sustainable development, and intra-African trade at the official opening of the Africa Oil Week (AOW) 2025 in Accra, Ghana.
Africa’s oil and gas production is projected to reach 11.4 million barrels per day by 2026 on the back of rising offshore investments and intensified exploration, according to the State of African Energy 2026 Outlook set to be launched on 30 September.
Netmore Group AB has acquired Arson Metering, a Spanish innovator in remote meter reading and the smart management of water and gas supply networks, strengthening its position in Europe.
Petrofac said the new commercial terms are supported by the Ad Hoc Group of Bondholders, subject to the agreement of longform documents. The agreement will enable its restructuring to proceed with the consent of those parties, according to a separate statement.
Exxon has estimated the size of a natural gas discovery off the coast of Cyprus at between 8 and 9 trillion cubic feet, local media has reported, citing a meeting between the supermajor and the president of the island nation.