Category archives for: Oil & Gas

INFOGRAPHIC: Is ExxonMobil contract really the best deal?

February 24, 2018

TOR Needs $300 Million to Refine Products

It is emerging that the Tema Oil Refinery (TOR) will need some 300 million dollars before it could refine products to the current specified sulphur content for diesel of 50 parts per million.

GE Program Calls for Entries from Schools and Colleges

USA, February 21, 2018//-GE Additive is now accepting applications from schools and colleges for the 2018 cycle of its Additive Education Program (AEP).

Ghana Warns Oil Companies  

Accra, February 19, 2018//-Ghana’s Petroleum Commission has warned that it will not approve any petroleum contract that does not fulfill the three months’ mandatory notice ahead of its implementation.

Aker Energy Buys Hess Ghana Business

Oslo, Norway, February 19, 2018//-Norwegian billionaire Kjell Inge Roekke’s Aker Energy plans “significant” oil exploration and production in Ghana after a $100 million deal to buy Hess Corporation’s (HES.N) business there.

Is ExxonMobil Contract Really the Best Deal?

Accra, February 16, 2018//-An excited Boakye Agyarko, Ghana’s Energy Minister had on the day of the signing ceremony described the deal with ExxonMobil as “amongst the best compared to other petroleum agreements signed in the past.”

Revenue Management Issues Dominate Ghana’s New Media

Accra, February 16, 2018//-Penplusbytes maiden Oil & Gas Index presents  key issues of quarterly news on Ghana’s upstream oil and gas sector.It measures the frequency of oil and gas topics frequently discussed in Ghana’s media landscape.

Ghana is broke – Energy Expert says   

  Accra, February 15, 2018//-Ghana is a broke country, but the government has failed to disclose to Ghanaians the true state of the finances, Energy Expert Ishmeal Agyekumhene has said.

Ghana Gas to End Flaring of Vital Gas Product

Accra, February 14, 2018//-The Ghana National Gas Company is to take the downstream sector of the petroleum industry to the next level by monetizing a very essential by-product, Isopentane to kick-start local production of fertilizer and other products.

Ghana: Fuel Price Reduction Difficulty and Violation of Article 192 of the Constitution?

Accra, February 12, 2018//-Consumption of petroleum products is inelastic and results in some volumetric effect because the burden of upward price adjustment depends to a large extent on the volume of consumption. 

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