By Alex Lawler, Maha El Dahan, Olesya Astakhova and Ahmad Ghaddar LONDON, July 5 (Reuters) – OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at its first meeting since oil prices jumped – and then retreated – following Israeli and U.S. attacks on Iran. The group, which pumps about half...
Category: Oil and Gas
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Ghana Declares Commerciality of Offshore Eban-Akoma Oil Discoveries
The Government of Ghana has officially declared significant commerciality for the Eban-Akoma oil and gas discoveries located within the Cape Three Points Block 4 (CTP-B4). This announcement follows the successful completion of the Eban-Akoma Appraisal Program, conducted in line with the Petroleum (Exploration and Production) Act, 2016 (Act 919), and the CTP-B4 Petroleum Agreement. In...