Norway’s monthly oil production jumped to the highest in over a decade last month, following the ramp-up of Equinor’s new Johan Castberg field in the Barents Sea. The country’s output rose 17% from June to 1.96 million barrels a day, the Norwegian Offshore Directorate said in a statement Wednesday. That was the highest in data...
Category: Oil and Gas
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Energy Minister Swears in New Petroleum Commission Board, Tasks Them with Reviving Oil Industry
Ghana’s Minister of Energy and Green Transition, Hon. John Abdulai Jinapor (MP), has inaugurated the newly constituted Board of the Petroleum Commission, charging its members with the urgent responsibility of revitalizing the country’s upstream petroleum sector. The Minister underscored the board’s pivotal role in reversing declining oil reserves, boosting production, and restoring investor confidence, particularly...
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Ukrainian Drones Hit Another Russian Oil Refinery
A Lukoil refinery in the Russian city of Volgograd is on fire after being hit by Ukrainian drones overnight, Andrey Bocharov, governor of the Volgograd region, said on Tuesday. The Volgograd refinery is Lukoil’s second-biggest crude processing facility in Russia and a key fuel supplier to the southern federal district in the country.Russia has said...
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Mannschaft Backs PHDC with GH₵300m to Kickstart Ghana’s Petroleum Hub
Ghana’s dream of becoming a leading petroleum and petrochemical hub in Africa is one step closer to reality. The Petroleum Hub Development Corporation (PHDC) has signed a landmark Memorandum of Understanding (MoU) with Ghanaian firm Mannschaft Engineering and Infrastructure Systems to fast-track the multibillion-dollar project. The deal, signed on August 13, 2025, will see Mannschaft...
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Namport cancels developer bid for Lüderitz oil and gas supply base
The Namibian Ports Authority (Namport) has cancelled the developer bid for the planned oil and gas supply base at Lüderitz Bay, citing confusion among the public and stakeholders over the ongoing Environmental Impact Assessment (EIA).Namport’s Marketing and Stakeholder Engagement Manager, Cliff Shikuambi, said the decision was necessary to address misconceptions surrounding the project. “One critical...
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Namibia’s oil future linked to local content and stability
Namibia’s political stability and strong regulatory framework place it in a favourable position to develop its oil and gas sector, according to Esueme Kikile, General Manager for Human Capacity Development at Nigeria’s Content Development and Monitoring Board (NCDMB). You also lost your previous president. What did you do? You were able to transition seamlessly, hold...
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Ghana Marks 15 Years of Oil Production as Questions Loom Over Revenue Use
Fifteen years after Ghana began producing crude oil in commercial quantities from the Jubilee Field, concerns are mounting over how the billions in oil revenue have been managed. With production projected to run dry within the next decade, PhD researcher Odelia Ntiamoah is tracking how the country has utilized and accounted for its share of...
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PIAC Raises Alarm Over Declining Oil Production in Ghana
Ghana’s upstream petroleum sector has recorded its lowest crude oil production levels in five years, according to the Public Interest and Accountability Committee (PIAC). The watchdog also warned that the industry is struggling to attract much-needed investment. Speaking at a media engagement in Tamale on petroleum revenue management, Mr. Richard Ellimah, Chairman of PIAC’s Technical...
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NOGASA denies receiving trucks from Dangote
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) on Friday denied receiving tankers from the Dangote Refinery, insisting the information was false in its entirety. Asked to confirm the receipt of the trucks on phone, its National Public Relations Officer, Chief Chinedu Ukadike, told The Nation that the association is still opposed to...
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Republicans who backed Trump’s anti-environment bill have accepted over $105m from big oil
The Republican lawmakers who voted for Donald Trump’s anti-environment tax and spending bill have accepted more than $105m in political donations from the fossil fuel industry, a new analysis has found, raising concerns about their relationship with big oil.Signed into law last month, the One Big Beautiful Bill Act includes billions of dollars in giveaways...