Feasibility studies are currently under way for a proposed joint oil refinery between Namibia and Botswana, with Walvis Bay and Ghanzi under consideration as possible sites, Namibia Mining & Energy can reveal. Although cost estimates of around US$4 billion have been mentioned, Deputy Head of the Upstream Unit, Carlo McLeod, says that no official budget...
Category: Oil and Gas
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MISA Unveils First Service Station in Weija, Marks New Era in Ghana’s Oil Marketing Sector
MISA Unveils First Service Station in Weija, Marks New Era in Ghana’s Oil Marketing Sector The Chief Executive Officer of MISA Energy Brent Nartey has officially unveiled the company’s first branded service station at Weija, describing the milestone as a bold step in its journey to becoming a leading African energy brand. Speaking at the...
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Trump withholds Venezuelan oil approval for non-U.S. majors
Bloomberg) — The Trump administration is withholding approval for several Western oil majors seeking to operate in Venezuela, ramping up pressure on Nicolás Maduro’s government even as Chevron Corp. is allowed to work there, according to people familiar with the matter.The pause is focused on non-U.S. firms, leaving companies including Spain’s Repsol SA, Italy’s Eni...
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Aker BP makes ‘significant’ oil discovery in Norwegian North Sea
Aker BP has completed its Omega Alfa exploration campaign in the Norwegian North Sea, resulting in a significant oil discovery that adds substantial new resources to the Yggdrasil area. The recoverable volume is estimated at 96-134 million barrels of oil equivalent (MMboe).Omega Alfa is among the largest commercial discoveries in Norway in a decade. Building...
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GOIL PLC Board Embarks on Onboarding and Familiarization Tour
The Board of Directors of GOIL PLC has begun an onboarding and familiarization programme with visits to key operational sites in Accra. Their first stop was the nearly completed new Head Office complex at Dzorwulu, which features green and sustainable systems such as solar panels, rainwater harvesting, and multiple power and water supply sources. Board...
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Energy Minister Assesses Atuabo Gas Plant Maintenance, Announces New Processing Facility
The Minister of Energy and Green Transition, Hon. John Abdulai Jinapor, has inspected ongoing shutdown maintenance works at the Atuabo Gas Processing Plant in the Western Region, expressing confidence in the progress made so far. The plant, a key pillar of Ghana’s energy infrastructure, is undergoing scheduled maintenance to boost efficiency, reliability, and processing capacity....
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Norway oil output hits 10-year high from new Equinor field
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...
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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...