Ghana’s third Floating Offloading Production Storage (FPSO) will set sail to Ghana next week after it was officially named by the First Lady, Mrs Rebecca Akufo-Addo, at a colourful ceremony in...
Oil prices edged up on Friday on news that U. S. President Donald Trump could be set to impose new sanctions on multiple Iranian entities, firing geopolitical tensions between the two nations....
The Springfield E&P Limited, owners of the West Cape Three Points Block 2 Offshore, is to collect seismic data on the block as part of the exploration and appraisal phase of the project. This is part...
Ghana’s third Floating Production Storage and Offshore (FPSO) vessel has been named after Former President, John Agyekum Kufuor. A statement from the Former President’s office on Wednesday said...
Former President Kufuor has arrived in Singapore to grace the naming of a new FPSO in his honour Former President John Agyekum Kufuor has arrived in Singapore to grace the naming of a new Floating...
Oil prices fell on Thursday after official data showed U. S. crude and gasoline stockpiles rose sharply, although signs that OPEC and other producers are holding the line on output cuts helped...
Former President John Agyekum Kufuor has arrived in Singapore for a ceremony at which the Floating Production and Storage Vessel (FPSO) to operate in the Offshore Cape Three Points (OCTP) oilfields...
The Chief Executive Officer of the Springfield Group, Mr Kevin Okyere, has called for investment-friendly initiatives from the government to help motivate oil exploration and production (E&P)...
Oil edged further above $55 a barrel on Wednesday supported by signs that Russia and OPEC producers are delivering on promised supply reductions, although a report showing a large rise in U. S. crude...
Oil supplies from OPEC are plunging this month as the group implements production cuts aimed at erasing a global surplus, according to tanker-tracker Petro-Logistics SA. The Organization of Petroleum...
Already, industries are crying for immediate intervention from government to avert the challenge that confront the power generation industry. Energy experts have warned that any delay in ensuring...
CGhana National Petroleum Corporation (GNPC) is expectant of the timely approval of its recently modified Plan of Development – PoD expected to be submitted by the Jubilee Partners. This, the...
The planned shutdown of the Atuabo gas processing plant between February 3 and 20, 2017 will not affect power generation and supply in the country, power producers have assured. According to them,...
President Donald Trump announced Tuesday that construction would move forward on the Keystone XL and Dakota Access pipelines, both of which had stalled under the Obama administration. The decision...
US President Donald Trump has infuriated environmentalists by signing executive orders that support two controversial oil pipelines. The new Republican president backed the Keystone XL and Dakota...
This would bring the oil producer group's membership to 14 countries Equatorial Guinea has now applied to join the Organization of the Petroleum Exporting Countries, an OPEC source familiar with the...
Oil production on the Jubilee Field will be shut down for 15 days, starting February 3, 2017, to allow for an interconnection with the Tweneboa, Enyera and Ntomme (TEN) operations. The planned...
Tullow Oil plc (Tullow) has announced that the Erut-1 well in Block 13T, Northern Kenya, has discovered a gross oil interval of 55 metres with 25 metres of net oil pay at a depth of 700 metres. The...
Tullow Ghana Limited, operators of Ghana’s main oil and gas exploration field, plans to begin a 15-day shutdown of operations at its offshore Jubilee Oil Field from February 3, 2017. The shutdown...
Oil Marketing Companies (OMCs) in the country have justified the continuous increases in prices of petroleum products this month. The deregulation of the downstream petroleum sector allows OMCs to...