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Ghana’s crude oil production dips 9.54% in 2023

Reporting Oil and Gas

During the first three quarters of 2023, the nation experienced a 9.54 million barrels, according to Finance Minister Ken Ofori-Atta. million barrels, the TEN field produced 5.02 million barrels, and the Sankofa-Gye Nyame field yielded 8.46 million barrels. million barrels produced in the same period in 2022.

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Profits or Planet? BP’s ‘New Beginning’: The Shift from Low Carbon to Core Oil and Gas and Q4 2024 Results

Rextag

However, Looneys tenure ended abruptly in September 2023 over undisclosed personal matters. Comparison with European Peers Rivals such as Shell and TotalEnergies have sustained or expanded their buyback programs, buoyed by stable cash-flow generation even amid fluctuating oil prices. at a TravelCenters of America site.

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The Great Energy Debate: Why the IEA's Peak Oil Forecast Might Be Completely Wrong - 23 Wrong Assumptions

Rextag

If GDP grows at the historical rate, oil demand would be at least 10 million barrels per day (mmbd) higher by 2035 than the IEA forecasts. The world has never achieved sustained energy infrastructure investment at the level the IEA assumes. Sustainable Aviation Fuels (SAFs) remain costly and unscalable.

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What 2024 Taught Us: From Offshore Discoveries to Net Zero Ambitions, What Mattered Most

Rextag

ENERGY SECURITY: THE CORNERSTONE OF GLOBAL STABILITY Fact: Global primary energy demand surged to 301 million barrels of oil equivalent per day (mboe/d) in 2023, and projections indicate it will rise to 374 mboe/d by 2050, marking a 24% increase over three decades. Record U.S. Shale Output: U.S. LNG Export Dominance: U.S.

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The Shifting Winds of Energy Transition

Enverus

Al Salazar identifies several factors contributing to this trend: Oil consumption: Oil demand reached an all-time high in 2024, growing by 1 million barrels per day from 2023. Coal utilization: Particularly driven by demand in Asia, coal consumption set a record in 2023. “The world is getting older.

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