Tag: Crude Oil production

Ghana Energy Minister Unveils Emergency Reforms Amid Sector Crisis

Mr. Ntow attributed the declining output to a combination of waning productivity from existing oil fields

“When Akufo-Addo's administration took office in 2017, it quickly set in motion a strategy for aggressive reserve replacement..."

“Ghana's petroleum sector has witnessed a precipitous decline, with crude oil production shrinking by more than 32%..."

This strategic move allows Nigeria to stay within its OPEC+ quota of 1.5 million barrels of crude per day

The Society of Energy Editors (SEE) has projected significant developments in Nigeria’s energy sector during the first quarter of 2025, underpinned by President Bola Tinubu’s proposed N49.7 trillion budget. According ...

Nigeria’s oil sector recorded notable achievements in 2024, laying the groundwork for increased production, efficiency, and economic growth in 2025, according to the Minister of State for Petroleum Resources (Oil), ...