Remove 2023 Remove Field Remove Finance
article thumbnail

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. This decrease is linked to the natural decline in the Tweneboa, Enyenra, and Ntomme (TEN) field, leading to an escalation in the gas-to-oil ratio and water production in the Jubilee and Sankofa fields.

article thumbnail

French bank BNP to stop funding new gas projects.

Energy Central

LE MONDE WITH AFP, MAY 11, 2023 French banking giant BNP Paribas said on Thursday, May 11, that it would stop financing new natural gas field projects following repeated criticisms from activists that it is falling short on climate protection. Although the policy.

Gas 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

KRG Directs Resumption of Oil Exports in Coordination with Baghdad

Iraq Business News: Oil & Gas

The instruction on Wednesday follows Baghdad's approval of a budget amendment to appoint an international technical advisory firm to assess fair production and transportation costs for oil fields in the Kurdistan Region individually.

Oil 52
article thumbnail

Oil Review Middle East - Untitled Article

Oil Review Middle East

The Marjan and Berri increments are expected to be onstream in 2025, with the Zuluf field increment scheduled to follow in 2026 and the second phase of Dammam in 2027. Phase One of its Jafurah unconventional gas field development remains on schedule for 2025, with contracts awarded for Phase Two.

article thumbnail

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

Rextag

3) The IEA Relies on Unrealistic Energy Transition Financing The IEA assumes massive clean energy investments despite historical failures to meet even modest climate finance goals. Only 3% of global truck sales in 2023 were electric, far below whats needed for meaningful change. The IEA forecasts $4.5 Reality Check: U.S.

Oil 40
article thumbnail

Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and What’s Behind the $105 Billion in Oil Deals?

Rextag

Over the past two years, 2023 and 2024, production levels have soared, investment strategies have shifted, and new regulatory frameworks have emerged. 2023 Production: ~6.0 2023 Production: ~6.0 billion in late 2023 further cemented its long-term commitment to the region. We analyze major U.S. 2024 Production: 6.3

Basin 40
article thumbnail

The Value of This LARGE SCALE Gold Deposit Is Getting Ready to Jump

Oil and Gas Investments

In November 2023, Paes-Braga and other principals at SAF Group led a CA$3.75 million financing in Goldshore. So there is a lot of low-hanging fruit at Mossand it now has the technical team and finance team to move it forward FAST. Then they bought a big chunk of a 19 million share block in a private transaction.