Gold was Ghana’s major export for the year 2023, earning the country $7.6 billion from merchandise exports, according to the Bank of Ghana.
HOUSTON – In a strategic move, Tellurian (NYSE:TELL) Inc. (NYSE American: TELL), a Houston-based energy company, has announced the engagement of its financial advisor Lazard (NYSE:LAZ) to explore the sale of its upstream business. This decision comes as the company shifts its focus toward the development of Driftwood LNG, its liquefied natural gas project.
A Nigerian solar plant and an Azerbaijan wind farm were among the 55 projects that received financing worth $1.7 billion from the OPEC Fund for International Development in 2023.
Aligned with the multilateral development finance institution’s Climate Action Plan, support for renewable energy projects constituted nearly 60 percent of all lending in the energy sector, according to a press release.
As the 2023 U.N. Climate Change Conference, the 28th Conference of Parties (COP28) in Dubai drew to a close, the air was thick with determination among the 200 delegates. Acknowledging that the era of fossil fuels was on its last legs, they collectively pledged to hasten its demise. This was heralded as “the beginning of the end” for coal, oil, and natural gas. The nails and hammers were poised to pound the coffin of a sure- to-be- dead fossil fuel industry.
Gathered in the Crystal Palace Suite at the London Hilton hotel on Park Lane, were a collection of key UK
corporate leaders with roots in Ghana, including High Commissioner to the UK and Ireland, Papa OwusuAnkomah and Tullow Plc Chief Executive, Rahul Dhir.
Other Tullow Executives, including Director of People and Sustainability, Julia Ross, Ghana Managing
Director Wissam Al-Monthiry, his deputy, Cynthia Lumor and External Affairs Manager, David Amoah, were
also present.
il prices fell on Wednesday, pressured by lacklustre economic activity in leading crude importer China, but a first monthly gain since September remained in sight as flaring tensions in the Middle East heightened supply concerns.
Rising geopolitical risk pushed Brent well past $80 last week, but the brief price rally has been dampened by continued economic concerns and a strong supply situation.
Saudi Arabia’s state-owned oil company, Aramco, has decided to suspend its ambitious plan to boost oil production capacity to 13 million barrels per day (bpd) as per the Saudi government’s request.
Oil prices advanced after missiles launched by Iran-backed militants killed U.S. troops in Jordan and struck a fuel tanker in the Red Sea.
Three U.S. service members were killed and many injured in an unmanned aerial drone attack on forces stationed in a northeast Jordan outpost.
The latest round of Middle East OSP cuts was inevitable.
Arab Light remains the cheapest grade for any US buyer, assessed at a $5.15 per barrel premium to the Argus Sour crude index.
Iraq has slashed prices across all continents in the same vein that Saudi Aramco did.