An oil rig near Takoradi Port in Ghana, about 40 miles (65 km) from Jubilee field, which has just begun producing oil. Like many in Ghana, port officials hope to share in an economic boom from new ...

Eban-Akoma discovery is declared commercial, underscoring President John Mahama's goal of reviving the country's moribund E&P sector ...

DALLAS, June 04, 2025--The Government of Ghana, Tullow Oil plc (Tullow), Kosmos Energy (NYSE/LSE: KOS), PetroSA, Ghana National Petroleum Company (GNPC) and Explorco are pleased to announce that ...

Ghana has reached an agreement with international oil companies to extend licences for its flagship offshore oil fields to 2040, unlocking up to $2bn in fresh investments aimed at boosting energy ...

Why Talos Energy Inc. (TALO) Stock is Gaining This Week. Closeup of a hand maneuvering the controls of an oil rig. Our Methodology: To collect data for this article, we have referred to several ...

Ghana’s crude oil production dropped significantly in the first three quarters of 2023, causing widespread concerns about the sustainability of the country’s energy sector. Oil revenues accounted for ...

While crude production continues its downward slide, Ghana saw a significant increase in revenue from oil in 2024. According to PIAC, total petroleum receipts rose by 27.8% - from $1.06bn in 2023 ...

Also, the transaction will add proved reserves of around 69 million barrels of oil equivalent (MMBoe) with a PV-10 of $1.7 billion. TALO projects the transaction to be accretive to key financial ...

Ghana, the world's second biggest cocoa producer, became an oil producer in 2010. Output is currently at around 160,000-170,000 barrels-per-day of crude oil and about 325 million standard cubic ...

Two funds would fill budget gaps, preserve energy wealth Strategy aimed at avoiding 'oil curse' affecting others Oil output from Jubilee field on track to start in Nov. DAKAR, March 23 (Reuters ...