Government has reiterated its commitment to maintaining Ghana’s upstream petroleum sector as a safe and attractive destination for investment, as it deepens reforms across both the upstream and downstream segments to strengthen stability in the energy and power sectors. Acknowledging energy as a critical driver of economic activity, government says it has prioritised policies aimed...
Category: Oil and Gas
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GOIL PLC Spreads Yuletide Cheer to Senior Citizens at Festival of Nine Lessons and Carols
GOIL PLC, in partnership with the Golden Chapter Foundation, brought warmth, joy, and companionship to senior citizens at a Festival of Nine Lessons and Carols held at the Immanuel Methodist Church, East Airport. The service, themed “Spread the Cheer 2025,” created a memorable yuletide experience filled with scripture readings, traditional carols, and moments of reflection....
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Ghana’s Oil Export Earnings Slide by More Than $1bn in 2025
Ghana recorded a sharp fall in oil export earnings in the first ten months of 2025, according to the latest data from the Bank of Ghana, underscoring mounting challenges in the country’s petroleum sector. By the end of October 2025, oil exports had declined to $2.2 billion, down from $3.3 billion over the same period...
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Ghana’s Oil and Gas Resources Remain Key Drivers of Economic Transformation – Dr. Yussif Sulemana
The Technical Advisor and Second Gas Processing Plant Focal Point at the Ministry of Energy and Green Transition, Dr. Yussif Sulemana, has underscored the critical role of Ghana’s oil and gas resources in driving economic growth and national transformation, describing the country as a safe and attractive destination for energy investment. Dr. Sulemana made these...
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Springfield Deal: CSOs Should Allow Government to Conduct Independent Valuation – Dr. Sulemana
The Technical Advisor and Second Gas Processing Plant Focal Point at the Ministry of Energy and Green Transition, Dr. Yussif Sulemana, has urged Civil Society Organisations (CSOs) to allow the government the space to undertake an independent and thorough valuation in its ongoing engagement with Springfield Exploration and Production Limited. His remarks come amid growing...
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Solewant Leads New Era of Oil Pipeline Protection
Nigeria’s oil and gas industry is quietly entering one of its most stable periods in more than a decade, driven by a convergence of improved security, decisive state action, private-sector innovation, and unprecedented technology deployment across the Niger Delta. The just-concluded 9th African Energy Summit, hosted by Solewant Group at its expansive Industrial Park in...
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U.S. seizes Nigerian-owned supertanker for suspected oil theft.
The United States Coast Guard, in a joint operation with the U.S. Navy, has intercepted a Nigerian-owned supertanker, Skipper, following intelligence reports linking the vessel to crude oil theft and piracy. The United States Coast Guard, in a joint operation with the U.S. Navy, has intercepted a Nigerian-owned supertanker, Skipper, following intelligence reports linking the...
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Dangote receives second Ghana crude cargo — Report
The Dangote Petroleum Refinery has taken delivery of its second-ever crude cargo from Ghana, a move that coincides with a sharp reduction in its purchases from Europe as the plant adjusts its slate ahead of major maintenance. Industry tracking data showed that the latest shipment, carrying Ghana’s Sankofa grade, arrived in November, the second time...
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CBOD Urges Corporate Ghana to Broaden ESG Initiatives to Support Vulnerable Groups
The Chamber of Bulk Oil Distributors (CBOD) is urging corporate organisations to expand and diversify their Environmental, Social, and Governance (ESG) initiatives to ensure that vulnerable and marginalised groups benefit more meaningfully from social investment programmes nationwide. This call was made by the Chief Executive of CBOD, Dr. Patrick Ofori, during the commissioning of a...
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Italy’s Eni discovers major gas reserves off Borneo in Indonesia
Italy’s Eni (ENI.MI), opens new tab said on Tuesday it had made a significant gas discovery in an exploration well around 50 kilometres (31 miles) off the eastern coast of Indonesia’s part of Borneo island. Preliminary estimates indicate gas volume of 600 billion cubic feet in the four reservoirs within the well trajectory, with a...