New Zealand targets shadow fleet in expanded Russia sanctions
New Zealand announced on Thursday that it would broaden sanctions against Russia’s oil sector and its so-called shadow fleet, during a meeting with ...
The Government of Ghana has signed a $2 billion memorandum of understanding with key energy partners to extend oil production licenses for the Jubilee and TEN fields through 2040, aiming to boost output, increase gas supply, and drive infrastructure development.
The Government of Ghana has signed a $2 billion memorandum of understanding (MoU) to extend production licenses for its key oil fields, Jubilee and TEN, through 2040. The deal was made in partnership with Tullow Oil, Kosmos Energy, PetroSA, the Ghana National Petroleum Corporation (GNPC), and its subsidiary Explorco.
According to a statement from the Ministry of Energy, the agreement includes plans to drill 20 new wells and attract fresh investments aimed at boosting oil and gas production, expanding infrastructure, and creating new job opportunities in the energy sector.
Ghana’s Minister of Energy, John Abdulai Jinapor, described the MoU as a “major milestone” for the country’s energy future, emphasizing that the agreement is not solely about sustaining crude oil production but also about enhancing local capacity, infrastructure, and employment.
The deal also aims to increase the country’s natural gas supply, helping to lower domestic energy costs. As part of the broader framework, new training programs will be launched for personnel at GNPC and the Petroleum Commission to build technical expertise and ensure long-term sustainability.
The Jubilee and TEN oil fields, located offshore in Ghana’s Western Region, are among the country’s most productive assets. The Jubilee field began production in 2010 and was followed by TEN (Tweneboa, Enyenra, Ntomme) in 2016. Tullow Oil serves as the operator of both fields.
The move reflects Ghana’s commitment to maximizing its hydrocarbon resources while gradually transitioning to a more diversified energy portfolio that includes gas and renewables.
A small, silent object from another star is cutting through the Solar System. It’s real, not a film, and one scientist thinks it might be sending a message.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
U.S. stocks were mixed late Wednesday as traders digested comments from Federal Reserve Chair Jerome Powell, who signaled that another interest rate cut in December is far from guaranteed. The Dow Jones Industrial Average and S&P 500 edged slightly lower, while the Nasdaq climbed on continued gains
U.S. chipmaker Nvidia has made history by becoming the first company in the world to reach a market value of 5 trillion dollars, driven by soaring demand for artificial intelligence technologies.
Nokia announced on Tuesday that chipmaker Nvidia will acquire a $1 billion stake in the company.
Türkiye’s main stock index, BIST 100, closed on Friday at 10,941.79 points, recording a 3.14% increase.
Türkiye has emerged as Europe’s largest steel producer and the world’s seventh largest in the first eight months of 2025, producing 36.9 million tonnes last year, according to sector officials.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment