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Namport cancels developer bid for Lüderitz oil and gas supply base

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 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

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

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

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

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...

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South African court reverses TotalEnergies’ approval for offshore block

South African court reverses TotalEnergies’ approval for offshore block

(Bloomberg) — A South African court overturned a decision granting TotalEnergies SE environmental authorization for an oil exploration block offshore the country’s west coast.The Western Cape High Court ruled that the environmental impact assessment for Total’s Block 5/6/7 was “deeply flawed, failing to address key risks, legal requirements, and public participation,” Green Connection, one of...

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Venture Global wins LNG arbitration dispute against Shell(Bloomberg) –

Venture Global wins LNG arbitration dispute against Shell(Bloomberg) –

Venture Global Inc., one of the largest U.S. exporters of liquefied natural gas, has prevailed over oil giant Shell Plc in an arbitration case over the sale of cargoes from its first export plant, capping a two-year fight.The Virginia-based company welcomed the favorable tribunal ruling in a statement Tuesday and said the decision reaffirmed the...