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Mahama government sets bold agenda to revive Ghana’s oil sector; Energy Minister outlines new policies

Ghana’s Energy and Green Transition Minister, John Abdulai Jinapor, says government is taking decisive steps to reverse the sharp decline in oil production and restore investor confidence in the petroleum sector. Speaking at the 2025 Local Content Conference and Exhibition (LCCE) in Takoradi, the Minister announced a series of reforms aimed at “revitalising Ghana’s Petroleum […]

Ghana Gas Unveils Bold Infrastructure Plans to Boost National Energy Security

Ghana National Gas Company (Ghana Gas) has announced a series of strategic infrastructure projects aimed at strengthening the country’s gas evacuation and processing capacity, as part of efforts to sustain national energy security and drive industrial growth. In a speech read on her behalf at the 2025 Local Content Conference organized by the Petroleum Commission […]

U.S. Natural Gas Futures Skyrocket on Record LNG Export Demand

US natural gas futures have climbed to their highest level since March, driven by anticipated colder weather increasing domestic heating demand and record-breaking LNG exports to European and Asian buyers. The surge in natural gas prices contrasts sharply with a drop in crude oil prices, creating a new market dynamic that favors natural gas producers […]

GNPC redefines local content as foundation for Ghana’s energy independence

The Acting Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Mr Kwame Ntow Amoah, has unveiled an ambitious vision to redefine local content as the cornerstone of Ghana’s energy independence and long-term operatorship. Speaking at the opening of the 2025 Local Content Conference and Exhibition in Takoradi, Mr Amoah called for a paradigm […]

Independent Report Identifies 13B Barrel Potential in Greenland Basin

In a statement posted on its website recently, 80 Mile Plc announced that an independent petroleum reserves and resources evaluation identified “13 billion barrel potential” at Jameson Land Basin in Greenland. “80 Mile plc … notes the recent announcement …  by its U.S. joint venture partner, March GL Company and Pelican, regarding the results of an independent assessment and […]

SM Energy, Civitas Resources merge in $12.8 billion all-stock deal, creating a top-tier U.S. shale producer

SM Energy Co. and Civitas Resources Inc. have agreed to merge in an all-stock transaction valued at approximately $12.8 billion, creating one of the largest independent oil-focused producers in the United States. Under the terms of the agreement, Civitas shareholders will receive 1.45 shares of SM Energy common stock for each Civitas share. Upon completion, […]