Oil & Gas

Ghana’s LNG re-gasification contracts lack transparency – Ex GNPC MD

Jul 15, 2019

A financial and energy expert has cautioned to government on the lack of transparency in all the agreements backing some Liquefied Natural Gas (LNG) contracts it signed with some companies. Alex Mould, who is also the former Ghana National Petroleum Corporation CEO says the regasification project agreement contracts of Helios/China Harbor Engineering, (GNPC) and Rosneft LNG needs checking…

Read More

Expro to supply equipment for Petronas field off Mauritania

Jul 15, 2019

Oilfield services company Expro said it has been awarded a contract by Pacific Drilling subsidiary Pacific Santa Ana for the provision of an Intervention Riser System (IRS) for PETRONAS’s Chinguetti Field Phase II plug and abandonment (P&A) contract, offshore Mauritania. The contract, valued at $20 million, will see Expro provide its IRS system with associated…

Read More

Sasol opens alkoxylation plant in China

Jul 15, 2019

Sasol Limited, an international integrated chemicals and energy company, today announced the opening of its new alkoxylation plant in Nanjing. This facility – the company’s largest expansion project in China– will more than double its alkoxylation production capacity in the region and will be supported by growing research and development and technical customer support capabilities.…

Read More

USTDA meets with Algeria’s Sonatrach and Sonelgaz

Jul 15, 2019

The U.S. Trade and Development Agency’s Worldwide Energy Sector Team Leader and Regional Director for East Asia, the Middle East, North Africa, Europe & Eurasia Carl B. Kress visited Algeria June 26-28, 2019, to build on the long partnership between USTDA and Algeria. Mr. Kress’ visit is part of U.S. efforts to partner with Algerians…

Read More

Malawi set to get new petroleum law

Jul 15, 2019

Ministry of Natural Resources & Energy’s hydrocarbons section head Cassius Chiwambo has said Malawi had almost completed drafting a new petroleum policy and that this would be presented to the Cabinet before the end of the month ahead of the parliamentary debate. Parliament would shortly debate a new petroleum policy, to be presented to Cabinet this month, aiming to make comprehensive adjustments to the…

Read More

Ghana to commence first phase of new pipeline infrastructure project soon – VP

Jul 14, 2019

Vice President, Dr. Mahamudu Bawumia has announced plans by government to commence the first phase of a new pipeline infrastructure project that will ease the movement of petroleum products across the sub-region. For this to be accomplished, the Vice President said government is working on a petroleum transportation infrastructure master plan that will enhance the…

Read More

Ghana’s petroleum sector has witnessed growth in indigenous companies – Energy Minister

Jul 14, 2019

The Ministry of Energy, in partnership with the Business and Financial Times, has organised a two-day forum for policy makers and stakeholders in the Energy sector to dialogue and develop strategies to promote the industry. The Summit, which opened on Tuesday in Accra, would provide an opportunity for the global energy industry, academics and students,…

Read More

Chinese firm makes diesel fuel from oil waste in Gambia

Jul 14, 2019

A staff of Infinity New Energy Enterprise (INEE), on Monday July 8th 2019, alleged that the Chinese factory situated at Nyambai Forest buys waste oil from Kotu and Brikama power stations and recycle it into diesel. The factory that was operating ‘illegally within the Nyambai forest’ according to NEA officials was asked to suspend operation…

Read More

Eastern Libya, US firm close in on Libya port deal

Jul 14, 2019

Eastern Libyan authorities and US security firm Guidry Group plan to finalize an agreement to develop a major port in the east of the troubled oil producer, both sides said. Talks have been going on for about a year to build a port in Susah, which would mark a rare sign of investment in Libya.…

Read More

Ghana saw 15% growth in consumption of petroleum products in 2018 – NPA

Jul 13, 2019

The petroleum downstream sector saw a 15% surge in consumptions of petroleum products during 2018 under review, the National Petroleum Authority (NPA) has revealed. The growth, according to the NPA, was as a result success chalked at curbing illicit fuel activities, supported by technology-based schemes and policy initiatives. The Chief Executive Officer of NPA, Hassan…

Read More

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...