Oil & Gas

An oil rig owned by Transocean and used for Ghana oil works is heading to Namibia. Brazil's HRT Participações em Petróleo S.A. on January 15, 2013 confirmed that it has received from Transocean the semi-submersible drilling-rig Marianas at…

The floating production, storage and offloading (FPSO) vessel at the Jubilee oilfields will for the first time be tested to its full capacity in the coming weeks, operator at the Ghana field, Tullow Oil said today January 11, 2013. This is…

US-based Hess January 9, 2012 cut down its 2013 budget 18% as the company plans spending $6.8 billion on its operations worldwide for the year. Hess’ capital and exploratory budget for 2012 was $8.3 billion. The company has prepared to…

A tanker carrying fuel belonging to Union Oil arrived in Wa on Tuesday after a week of acute fuel shortage that stalled the operations of commercial transport and other motorists in the Upper West Region. Fuel station operators in the Wa…

A businessman in the petroleum industry, Mr Isaac Brewu, has advised drivers and vehicle owners to patronize high quality petroleum lubricants produced in the country to enhance the performance of their vehicles. He explained that…

There has been shortage of fuel in the Sekondi-Takoradi metropolis of the Western Region for the past four days. According to the Manager of the Edzii Goil Filling Station in Takoradi, Mr. Ato Edzii, the station ran out of petrol on…

Energy Ministers of West Africa have asked operators of the West African Gas Pipeline (WAGP) to ensure that gas starts flowing by February ending next year. The ultimatum was given by the ministers at a crunch meeting in Accra on Friday.…

In a strategic alliance, British Gasol Plc says State Oil Company of Azerbaijan Republic (SOCAR) will export liquified natural gas (LNG) to Ghana and neighbouring Benin as well as Togo to power industries in the three countries. Gasol made…

Natural resources are the wealth of any country and the discovery and exploitation of such resources give hope to the citizens, as they are hailed as the beginning of a country’s economic asset. The wealth created from a natural resource…

Dr Joe Oteng-Adjei, Minister of Energy, says gas as a source of power generation, could cut back the country's cost by almost six fold, apart from other benefits. He said the West African Gas Pipeline Project is thus the most needed…