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South Sudan plans on increasing oil production in three folds for 2019

South Sudan plans to nearly triple daily oil production from the current 350,000 barrels daily to around 1 million barrels daily by end of...
Economics Oil Licensing

New Oilfields to Push Ghana’s Oil Production Up

Ghana’s oil production is set to substantially go up as it makes a new discovery large oil deposits in the Deepwater Tano cape Three...
Oil and gas

Oil Production Resumes in South Sudan’s Northern Parts

South Sudan has resumed oil production in the northern Unity region after disruption by a five-year old conflict which damaged oil wells. Ezekiel Lol...
Image by Paul Taggart

Angola needs sustainable models to stabilize oil production

The executive director of the Angolan Geophysical Association (ASGA) Alberto Jaime of Carvalho defended on Tuesday in Luanda the creation of more sustainable models...
oil

Uganda eyes Chinese credit to fast track oil production

As Uganda fast-tracks the start of its commercial production of oil, the country is looking at China to access credit. Chinese financiers, entrepreneurs, and their...
Jubilee Field

Oil production declines by 40 percent in Ghana’s Jubilee Field

Crude oil production from Ghana's Jubilee Field declined by 40 percent, said the Public Interest and Accountability Committee (PIAC) in a report released here...

South Sudan not to shut down oil production

South Sudan said it would not shut down oil production despite growing pressure from lawmakers calling for a temporal halt due to declining oil...
GDP

GDP slumps in second quarter

Provisional figures from the Ghana Statistical Service released, last week, explained that, this was due mainly to a temporary halt in oil production. "The economy...
Wpid Tullow Oil

British firm to start oil production in Kenya in 2017

Tullow Oil Chief Operating Officer, Paul McDade, said Wednesday that Kenya will be an oil exporting nation mid next year. He said...
AFP © Getty Images/AFP/File / by Jennifer O'Mahony | Energy firms say Senegal and Mauritania's current oil and gas ventures will transform them into net exporters by 2020

Low activities in Ghana’s Oil and Gas region very disturbing

After discovering oil in commercial quantities nine years ago, Ghana currently faces drought in exploration activities in the upstream petroleum sector. This situation is what...
OMV

Austria’s OMV reports huge first quarter profits and revenue drops

The company said its revenues dropped 31 percent to 3.99 billion euros (4.56 billion U.S. dollars), while its earnings before interest and taxes fell...

Ghana’s Jubilee Oil Field Resumes Production In Limited Volumes

Charles Darku, Chief Executive Officer of Tullow Ghana told investors at a forum here on Wednesday that investigations were ongoing and solutions being engineered...
The Tema Oil Refinery has been idle for several years

Oil sector provided Ghana 7,000 jobs in spate of 5-years

Eighty percent of the jobs went to Ghanaians while the other 20 percent went to expatriates, CEO of Ghana's Petroleum Commission, Theo Awhireng, told...
oil

Top four oil producers accept to suspend production

The four countries -- three OPEC members and a non-member Russia -- have agreed to freeze oil production at the level of January 2016...
Jubilee oilfield

Oil Prices Rise Amid Cut In Opec Production

The United Arab Emirates' energy minister said that Opec members were ready to reduce output, the Wall Street Journal reported. Venezuela's oil minister said oil-producing...
Anadarko

Anadarko begins oil production from Heidelberg field

Heidelberg is located in 5,300 ft (1,615 m) of water and has 200-400 MMbbl of recoverable resources. Development consists of a truss spar with a...

Independent Operational Result: Four Years Of Oil Production In Ghana

.... Under The Modern Concession System The fourth year of oil production in Ghana, precisely in the Jubilee Fields which is our test case for...
oil

Despite a decline, Kazakhstan to produce 86 million tons of oil

Kazakhstan plans to produce 86 million tons of oil in 2017, Deputy Energy Minister Uzakbay Karabalin said on Wednesday in the capital of Astana. Karabalin...

Nigeria: Italian oil giant shuts oil production

Italian oil giant ENI. MI?SpA said on Wednesday it had shut off some crude production following sabotage on one of their pipeline in Nigeria. An...
Wpid Phojubileefields

Jubilee Fields 2013 Year In Review

Three Years Of Oil Production In Ghana. By: ?Solomon Kwawukume The third year of oil production in Ghana, precisely in the Jubilee fields, has ended and...
Ghana Fishing

Fish harvest decline linked to oil production

Ghana is losing its fishing resources due to the emergence of the oil and gas industry that has set lots of restrictions on fishing...
Wpid Oil

Africa 2013 Oil Production Up 0.11 Mb/D

Africa?s oil supply is projected to average 2.42 mb/d in 2013, an increase of 0.11 mb/d from the previous year, with an upward revision...