Energy Ghana

OIL & GAS

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Keta Basin oil exploration unattractive

Oil exploration in the Keta Basin has become unattractive under existing inflexible conditions governing the business in Ghana, an industry expert has said.

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Prez Mahama unveils Atuabo Gas Plant; Says it's a game changer

After four years of preparatory and construction work on the onshore gas processing plant, Ghana officially joined the comity of gas processing countries yesterday

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One dead in U.S. Gulf of Mexico platform explosion

An explosion at a Fieldwood Energy operated platform in the U.S. Gulf of Mexico killed one contractor and injured at least one another person Thursday.

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BDCs must respect supply agreement – OMCs

A new report by the Business Monitor International (BMI) has forecasted the value of Ghana’s mining sector to reach US$3.8 billion within the next four years as bauxite and gold production see modest increases.

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BDCs must respect supply agreement – OMCs

 

A new report by the Business Monitor International (BMI) has forecasted the value of Ghana’s mining sector to reach US$3.8 billion within the next four years as bauxite and gold production see modest increases.

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BP Plans Deeper Drilling for Offshore Oil Despite Ruling

 

Even as it faces $50 billion in potential liabilities from the worst U.S. offshore oil spill, BP Plc (BP/) is leading the effort to extract crude from deep below the sea, a place as extreme and inhospitable as the surface of Mars.

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BDC’S chase OMC’S for payment of debts

 

The Chamber of Bulk Oil Distribution Companies is on the heels of Oil Marketing Companies and all other institutions that owe them for payment of all such debts.

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TOR will never be sold – Buah

 

The Energy Ministry has served notice that the Tema Oil Refinery (TOR) will not be sold under any circumstances.

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Ghana Gas ready as final test proved successful

 

The Ghana National Gas Company (Ghana Gas) has expressed satisfaction with work on the Atuabo Gas Plant as a test run on the plant proved successful.

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Transocean: BP ruling ‘effectively eliminates’ financial risk

 

Switzerland-based Transocean said Friday that the Deepwater Horizon ruling against BP “effectively eliminates” its financial risk for the underwater portion of the 2010 well blowout accident.

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U.S. Rig Count Rises by 11 to 1,925, Baker Hughes Says

 

Rigs targeting natural gas in the U.S. rose for the fifth straight week, capping the longest streak of gains since 2010, amid higher futures prices and growing pipeline capacity.

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Downstream industry news: 3 September 2014

 

India Indian Oil Corporation Ltd (IOCL) has announced that 96% of the construction work at the Paradip refinery is complete. The company has also announced that it is expecting to commission the refinery soon due to the speed of progress being made. The 15 million tpy facility is going to have a Nelson Complexity Index of 11.3.

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‘Cash and carry’ cause of petrol shortage – OMCs

 

Oil-marketing companies (OMCs) have blamed the acute short of petroleum in the country’s capital on a “cash-and-carry” system being foisted on them by the Chamber of Bulk Oil Distributors (CBOD).

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