Delegate told Reuters’ Russell, adding that it was more likely for regime change to take place in the United States than in Iran, which appears to be a widely shared view among the event’s delegates. However, it would be difficult to argue that a Democrat win at the November midterms would translate into any form...
Category: Oil and Gas
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GOIL Records Strong Showing at PETFUN Games 2026
GOIL delivered a standout performance at the 2026 PETFUN Games held at the Burma Camp Sports Complex, showcasing sporting excellence, teamwork, discipline and the Company’s signature “Good Energy” spirit. The petroleum company secured five gold medals across a number of competitive disciplines, emerging victorious in Men’s Volleyball, Women’s Volleyball, Swimming, Lime and Spoon, and the...
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Government Turns To Bulk Oil Sector As Downstream Reforms Deepen
The government has stepped up engagement with Ghana’s bulk petroleum industry as it seeks to strengthen efficiency, resilience and investment across the downstream energy sector. Minister for Energy and Green Transition, Dr John Abdulai Jinapor, met the Chamber of Bulk Oil Distributors (CBOD) and its members as part of ongoing stakeholder consultations on reforms within...
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GOIL CEO praises Star Oil counterpart despite fierce market rivalry
Mr Bawa said GOIL and Star Oil are competing for the same customers, with both companies deploying different strategies to strengthen their positions in the fuel market. Speaking on Joy News’ PM Express Business Edition on Thursday, he said the relationship between the two companies has remained strictly businesslike. “Our relationship has been businesslike. They...
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Dangote to retain 84.34% control of Refinery after planned N2.15 trillion IPO, Prospectus shows
Despite N2.15 trillion planned share sale in what bids fair to be Africa’s biggest share sale, Aliko Dangote’s beneficial ownership of Dangote Petroleum Refinery & Petrochemicals FZE (DPRP) will stand at 84.34%, not the 65.8% suggested by his largest single shareholding vehicle. Nairametrics analysis of the company’s prospectus for the Initial Public Offering (IPO) dated...
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Downstream Petroleum Industry Set for 2026 COMAC PETFUN Games
Ghana’s downstream petroleum industry is set to swap the boardroom for the playing field as companies across the sector converge at the Burma Camp Sports Complex for the 2026 Chamber of Oil Marketing Companies (COMAC) Petroleum FUN Games (PETFUN). The two-day sporting event is scheduled for September 11 and 12, 2026, with activities beginning at...
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Global oil prices hit $100 per barrel as Middle East conflict roils markets
New York — Global oil prices are back at $100 per barrel, rising to their highest levels since July as fighting in the Middle East raises concerns about prolonged disruptions to oil supply.Brent crude, the global oil benchmark, rose 2.3% early Wednesday to briefly trade at $100 per barrel for the first time since July,...
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Policy consistency needed to boost oil and gas sector – Deloitte Tax Partner
The Energy, Resources & Industrials Leader at Deloitte Ghana, Gideon Ayi-Owoo, has made a strong case for the government to ensure policy certainty within the energy sector.According to him, this will enable Ghana to attract long-term investment, support sustainable economic growth, and fully maximise its oil and gas potential. Addressing the media on the sidelines...
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Total Energies Targets Namibia Oil FID as Venus and Mopane Fields Advance
Namibia’s offshore oil sector increased sharply this year. TotalEnergies became operator of PEL 83, which contains the Mopane discovery, on September 4 following a transaction with Galp signed in December 2025 and approved by Namibia’s mines ministry in July. The post-transaction ownership of PEL 83 is 40% TotalEnergies, 40% Galp, 10% Namcor and 10% Custos,...
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OPEC+ keeps oil output policy unchanged for October
OPEC+ kept its oil output policy unchanged for October at a meeting on Sunday, it said in a statement, as the producer group needs to agree new quotas before deciding its next output steps. The meeting of seven core OPEC+ members — Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and Oman comes as the Iran...