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Tuesday, March 19, 2024
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CATEGORY

Oil and Gas

Shell sells Nigerian onshore subsidiary at $2.4bn

Shell, a leading international oil Company, has struck a deal to sell its onshore subsidiary, Shell Petroleum Development Company of Nigeria Limited, (SPDC) at...

THE GHC 3 BILLION LIE: Government pays hundreds of millions to company in a shady deal

In a control room in Tema in the Greater Accra Region, officials of Strategic Mobilisation Ghana Limited (SML) tried to convince The Fourth Estate of its wild...

Ghana places 5th in Africa with highest offshore oil rig demand

Ghana is ranked 5th in Africa with the highest offshore oil rig demand, according to the 2024 State of African Energy by the African...

Nigeria brings major Dangote refinery to life with own oil supply

Nigeria's state oil firm NNPC Ltd will supply the new 650,000 barrel-per-day Dangote oil refinery with up to six cargoes of crude oil in...

Oil cartel leader warns of prolonged high prices

The price of oil will continue to stay elevated as demand for energy increases, says the secretary general of Opec+. Opec+ is a group of...

Nigerian ex-oil minister in UK court on bribery charges

A former Nigerian oil minister has appeared in court in London after being charged with receiving bribes in exchange for multi-million- dollar oil and...

Biden administration appeals judge’s order expanding Gulf oil auction

The Biden administration and environmental groups on Friday said they would appeal a Louisiana federal judge's ruling that ordered an expansion of next week's...

Government using GNPC to borrow US$431m illegally, Minority alleges

The President has instructed GNPC without parliamentary approval to borrow $431.5 million from LukOil International Trading and Supply Company (LITASCO SA). This money is...

Oil falls on concerns about China, winter demand

 Oil prices eased on Thursday as worries over demand due to a seasonal slowdown during winter and an uncertain economic outlook for China outweighed...

NPA kickstarts cylinder recirculation model in two regions

Government has officially commenced the roll out of the much-awaited cylinder recirculation model (CRM) programme in the Greater Accra and Ashanti Region. Under the CRM,...

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