The total number of active drilling rigs in the United States rose by 3 this week after rising by 4 last week, according to new data that Baker Hughes published Friday.
Oil prices extended gains early on Wednesday as a storm continues to disrupt crude loadings in the Black Sea and the market awaits news about the next move from OPEC+ set to hold a meeting on Thursday.
SINGAPORE, Oct 24 (Reuters) – Ghana is looking to boost its oil and gas production by selling more exploration rights, aiming to avoid leaving valuable fossil fuels in the ground and generate revenue to fund its energy transition, a Ghanaian official said on Tuesday.
Sustainability-linked loans, or SLLs, have only been around for a few years. In that short time, they have ballooned into a market worth $1.5 trillion. But now, as scrutiny comes for sustainability claims with no substance, that market faces a reckoning. And so do the banks that lent those money.
The Italian multinational energy company Eni and the Libyan National Oil Corporation (NOC) discussed the exploratory programs planned for 2024.
Energy Minister, Dr. Matthew Opoku Prempeh on Tuesday, 21st November, 2023 opened the exhibition component of the 2023 Upstream Local Content Conference and Exhibition in Takoradi.
Mr. Egbert Faibile, the Executive Officer of the Petroleum Commission, has praised the media for their critical role in advancing gains with the country’s Local Content Law.
Amid the rising momentum toward sustainable energy, the traditional energy sector continues to offer compelling prospects for investors. Additionally, the ongoing OPEC supply cuts, coupled with geopolitical factors like the Israel-Hamas conflict, may intensify the constraints on oil supply.
An insightful panel discussion during the second day of the MSGBC Oil, Gas&Power 2023 conference and exhibition, sponsored by national industrial and mining company, the Société national industrielle et miniére, featured the participation of regional and international energy leaders and explored the role of natural gas in the global energy landscape.
The Federal Government through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is looking to partner with Argentina in natural gas exploration and production.