Former Power Minister, Dr. Kwabena Donkor, is urging Ghana to establish strong financial safeguards before supplying locally produced crude oil to domestic refineries, warning that the country must avoid repeating past payment challenges that left state institutions exposed. Dr. Donkor says linki…
Argentina’s Transportadora de Gas del Sur (TGS) has said it will invest USD 3 billion in a new NGL project in Vaca Muerta to support shale development and lift exports, Reuters reported on Wednesday.
Equinor is preparing to begin drilling operations for the Rosebank field development west of Shetland, marking a key milestone for one of the UK Continental Shelf’s largest undeveloped oil and gas projects.
London-based oil and gas player Energean has taken the first step in its strategy to expand its operations into West Africa by acquiring stakes in two blocks off the coast of Angola from the U.S.-headquartered energy giant Chevron.
In an effort to stem a global oil rally that is driving up gas prices, the Trump administration is taking part in a record‑breaking, multinational release of oil from its strategic stockpiles.
The government of Nigeria has approved a fiscal incentive package to accelerate progress towards a positive FID on the Bonga Southwest Aparo (BSWA) deepwater project, the Nigerian National Petroleum Corporation (NNPC) announced on Tuesday.
Energean has agreed to acquire Chevron’s interests in two offshore oil blocks in Angola for a base consideration of USD 260 million, the company said on Thursday.
TotalEnergies has restarted production at the Mabruk oil field in Libya, returning the onshore asset to service more than a decade after operations were halted.
Crude oil prices rising above $100 per barrel could soon translate into higher fuel prices across West Africa, according to James Gooder, vice president for crude markets in Europe and Africa at Argus Media.
The Middle East war is creating the biggest oil supply shock in history, the International Energy Agency
warned Thursday, as Iran launched a new wave of attacks against Gulf energy targets that sent prices spiking
above $100 a barrel.