Tag: Petroleum

In a move that deals ⁠a heavy ⁠blow to the oil exporting groups, UAE has announced that it will quit the Organization of the Petroleum Exporting Countries (OPEC) OPEC and ...

Hon. Collins Adomako-Mensah, the Deputy Ranking Member of Parliament’s Energy Committee, has spearheaded a vocal charge by the Minority in Parliament, demanding that the government transition from mere "consideration" to ...

StarOil CEO touts Company’s progress

Ghana's government announces withdrawal of marine gas oil tax exemptions in response to smuggling.

Ghana is positioning itself as a leading energy and logistics hub in Africa, leveraging its strategic geographic location, political stability, and emerging petroleum assets to capitalize on global energy trends. ...

The newly constituted 11-member board, announced on April 2, 2025, includes Engineer Bashir Bayo Ojulari as the new GCEO and Ahmadu Musa Kida as the non-executive chairman.

Nigeria’s oil and gas sector is set to witness a surge in investments in 2025, following significant reforms in the energy industry.   While Foreign Direct Investments (FDI) into Nigeria rose ...

The Organization of Petroleum Exporting Countries (OPEC) has named Nigeria’s Ademola Adeyemi-Bero as the Chairman of its Board of Governors for the year 2025.   This landmark appointment is a ...

Uganda has announced plans to fully finance its ambitious $4 billion oil refinery project in the Hoima District through equity, marking a significant shift in strategy for the nation’s oil ...

Ghana’s oil revenue has experienced a substantial increase, reaching $840 million in the first half of 2024. This figure represents a remarkable 36% rise compared to the $540 million recorded ...