Ghana’s petroleum hub to receive US$15bn from investors
The Ministry of Energy has shortlisted three bids for Ghana’s petroleum hub project, with one of the investors pledging up to…
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oil
Tullow Oil plans to generate $7bn
Tullow Oil is projecting to generate $7 billion (€5.9 billion) over the next decade regardless of Ghana’s level of oil…
Russia on track to become world’s top gold producer by 2029 – report
Despite some disruptions caused by the covid-19 pandemic, Russia is expected to surpass China as the world’s top gold producer…
Five oil majors reduce value of their assets by $50 billion in Q2
Five oil majors (including Exxon Mobil and British Petroleum) reduced the value of their assets by $50 billion in Q2, 2020.…
Exxon: 20 percent of global oil and gas reserves may be wiped out
After a grim second quarter season for Big Oil, the world’s third-most valuable energy company is warning that 20% of the…
Facilitate more exploration projects to mitigate impact of COVID-19 –…
Jubile partner, Kosmos Energy, has urged government to facilitate exploration projects for oil companies in the wake of the…
Ghana’s oil production up by 15 percent in 2019
A total of 71,439,585 barrels of oil were obtained from the three producing fields – Jubilee, Sankofa Gye Nyame (SGN) and…