TAG Energy Nigeria Limited is expanding its strategic focus beyond engineering services to oil production, with plans to invest in oil fields in Nigeria and other African countries.
Acting Chief Executive Officer-Petroleum Commission Victoria Emeafa Hardcastle has announced that the Ghana National Petroleum Corporation (GNPC) will drill two exploratory wells in the Voltaian Basin by third-quarter next year.
Mr. Joseph Nelson, the Western Regional Minister, has urged stakeholders in the petroleum industry to ensure that the sector’s benefits are transmitted to the local communities.
“The sector placed on us the duty to ensure that the benefits of petroleum development translate into real, lasting improvements in local livelihoods and community well-being
Lands Minister and Acting Environment Minister Emmanuel Armah-Kofi Buah has called on world leaders to rally behind Ghana and Africa in achieving clean and sustainable energy for global progress, declaring the continent ready to become a powerhouse of green energy.
John Abdulai Jinapor, Minister of Energy and Green Transition, has expressed grave concern over the country’s declining oil production.
The International Monetary Fund (IMF) is urging government to intensify efforts to shift Ghana’s energy mix toward cheaper fuel sources such as natural gas to lower power generation costs and ease financial pressures within the sector.
At a time when global appetite for oil investments is shrinking under the weight of the energy transition, Kadijah Amoah, CEO of Pecan Energies Ghana, has issued a bold call for African nations to turn inward and leverage the continent’s own wealth to fund the future of its oil and gas sector.
Egypt has launched a new international bidding round for oil and gas exploration in the Red Sea. The announcement was made on November 4, 2025, by Minister of Petroleum and Mineral Resources Karim Badawy during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2025). The tender covers the offshore blocks RS-1, RS-2, RS-3, and RS-4.
The country’s upstream oil and gas sector has received a major boost with some of the industry’s global big players expressing interest to invest.
The Ghanaian government has announced measures to halt declining crude oil production and restore investor confidence in the petroleum sector after output fell 32 percent between 2019 and 2024. Production dropped from 71.4 million barrels in 2019 to 48.2 million barrels in 2024, according to Public Interest and Accountability Committee (PIAC) reports. The decline has […]