APAVE International and its local partners, Integrity Logistics and Consult Limited (oil and gas service companies), have inaugurated a Training and Support Centre at Beahu in the Ahanta West Municipality of the Western Region. The almost-US$6million state of the art centre will provide training programmes to support various onshore and...
Tullow Ghana has collaborated with the Ghana Upstream Petroleum Business Academy of the Petroleum Commission of Ghana to deliver a series of training programmes aimed at equipping current and future suppliers in the oil and gas industry, with requisite knowledge in supplier due diligence. This is the second in a...
The country’s failure to adopt and implement a long-term national gas strategy - almost 12 years into commercial crude oil production - has been described as a major factor hampering the gas sector’s development, stakeholders in the oil and gas industry have said. With production estimated to be dwindling in...
Oil retreated late on Thursday as the U.S. dollar rebounded from early losses and strengthened, denting support for the latest crude rally, but tight U.S. supplies limited the commodity’s decline. The U.S. dollar rose against a basket of currencies .DXY after President Donald Trump said he wanted a “strong dollar.”...
…as Sankofa, Afina oil fields unitisation continue to delay Government stands to rake in US$8.4billion revenue from the proposed unitisation or merger of the Sankofa and Afina fields; but the continued delay in the process puts such huge revenues at risk, especially in COVID-19 times such as these, the energy...
The Institute for Energy Security (IES) is predicting a marginal increase in fuel prices at the pumps for the first half of January 2021. According to the institute, the increase is caused by 5.03% increase in price of International Benchmark- Brent crude, 8.44% increase in price of Gasoline, and a...
Energy Minister Dr. Matthew Opoku Prempeh - together with senior officials of the Petroleum Commission, Ghana National Petroleum Corporation (GNPC) and GOIL - is in Houston-Texas, USA, on an oil and gas roadshow. The delegation also includes officials from Base Energy and is seeking to promote five available oil blocks...
The Volta Regional Minister, Dr. Archibald Yao Letsa, has pledged to cooperate with the National Petroleum Authority (NPA) to regulate the petroleum downstream industry in the region. He said his support was to enable the Authority to discharge its statutory mandate effectively to ensure consumers of petroleum products get quality...
The fangs of the new Coronavirus, since its appearance in late 2019, have cut through all sectors of national economies leaving nothing unscathed. For the global energy sector, it has resulted in a historic dive in oil prices, way below projections of many oil-based entities and budgets of national governments....
Last week BloombergNEF (BNEF) published a new report that quantifies the impact of the COVID-19 pandemic on U.S. carbon dioxide emissions. The report estimates that 2020 emissions will be 9.2 percent lower than in 2019, reaching a level last seen in 1983. At that time, BNEF notes, the economy was 60percent smaller...