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Monthly Archives: August, 2021

Eni sues Ghana in London over Unitisation directive

Italian oil and gas firm, Eni, has filed a suit at the International Tribunal in London, United Kingdom, to challenge a directive by Ghana’s...

Dangote oil refinery to buy at least 300,000 barrels of Nigeria’s output

Dangote’s oil refinery will buy at least 300,000 barrels per day of Nigeria’s crude production, the state oil firm has said. “We structured our equity participation...

GAEC: Nuclear power project to generate US$1.2 billion local content

Ghana’s nuclear power programme is estimated to generate US$1.2 billion from local industry participation during the implementation of the project. When completed, the nuclear power plant...

GNPC boss: There’s lack of understanding over GNPC and Aker/AGM deal

Dr Kofi Koduah Sarpong, chief executive officer of the Ghana National Petroleum Corporation (GNPC) says there is a lack of understanding in the GNPC’s...

Hurricane Ida: Some 95% of U.S. Gulf of Mexico Oil Output Still Shut

Oil production in the U.S. Gulf of Mexico on Monday remained largely halted in the aftermath of Hurricane Ida, with 1.72 million barrels of...

NIGERIA:DisCos await FG’s clearance to increase electricity tariff on September 1

The Federal Government may effect another tariff increase on September 1, 2021, based on details contained in a new tariff order issued by the...

Hurricane Ida’s fury cuts deep into U.S oil ouput, gasoline supplies

Hurricane Ida pummeled U.S. Gulf Coast energy suppliers, knocking out most of the region's offshore wells and nearly half its motor fuel production and...

VACANCY:Sr. Energy Category Analyst

Date:  Aug 29, 2021Location:   Denver, CO, US (United States) Founded in 1921 and publicly traded since 1925, Newmont (www.newmont.com) is one of the largest gold companies in...

Mark Mobius:Investors should hold 10% of Gold in their portfolio

Investors should keep 10% of their portfolio in Gold since currencies would be depreciated due to the massive stimulus carried out to combat the...

Nigeria’s electricity sector records fastest GDP growth in Q2 2021

The Nigerian electricity sector, classified with gas, steam and air conditioning supply recorded a 78.16% year-on-year real GDP growth in the second quarter of...

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