Oil prices edged ahead for a second session on Friday, buoyed by stronger-than-expected U.S. economic growth and hopes of a rapid recovery in Chinese demand as COVID-19 cases and deaths plunged from last month’s peak levels.
A multi-disciplinary group of experts from Ghana and Switzerland are undertaking a study to develop new methods to address gaps in energy system models for developing countries and cities.
Africa’s richest man Aliko Dangote’s Dangote Industries Limited has announced that Nigeria’s President Muhammadu Buhari will officially
unveil its $19-billion petrochemical complex, the Dangote Oil Refinery, before the end of his term in May 2023.
The Chief Executive Officer of the Petroleum Commission, Egbert Faibille Jnr., has stated that the unitization of Springfield and ENI Sankofa fields has been declared.
Traders expect the Federal Reserve to end its rate hikes in two months, which could push oil prices higher due to the generally inverse relationship between rates and oil prices.
Ghana bagged $696.815 million from oil lifting, corporate tax and other income in the second-half of 2022, the Ghana Petroleum Funds report has disclosed.
Tullow Oil has issued the a statement in advance of the Group’s 2022 Full Year Results scheduled for 8 March 2023.
An oil and gas producer based on the Texas side of the Permian Basin looked to capitalize on growth in the New Mexico portion of the region, looking to buy lands in the southeast corner of the state.
PITTSBURGH — Diversified Energy Company, the largest owner of oil and gas wells in the country, might abandon up to 70,000 oil and gas wells throughout Appalachia without plugging them, according to a new report.
With over 125 billion barrels of crude oil reserves and 620 trillion cubic feet of natural gas – estimates that are expected to further increase as multi-year exploration campaigns yield new discoveries – Africa is well-positioned to usher in long-term and sustainable economic growth on the back of hydrocarbon development.