President Nana Akufo-Addo has broken ground on the construction of a 300,000 barrel per day (bpd) crude oil refinery in the southwest of the country. The project, overseen by the state firm Petroleum Hub Development Corp., is envisioned to become a regional petroleum hub and house a petrochemical complex in the future. The first phase […]

Africa Oil Corp. announced the completion of Africa Oil SA Corp.’s (AOSAC) strategic farm down agreement with subsidiaries of TotalEnergies and QatarEnergy for the Orange Basin Block 3B/4B, offshore South Africa. AOSAC has retained a direct 17.00% interest in Block 3B/4B and transferred the operatorship of the block to TotalEnergies. Transaction Highlights: Maximum transaction value […]

The inaugural voyage of the world’s first commercial passenger ferry powered entirely by hydrogen fuel cells, with zero direct emissions, made history in July in San Francisco, California, Chevron announced. The 75-passenger catamaran, aptly named Sea Change, is making short trips between Downtown San Francisco Ferry Terminal and Pier 41, close to the iconic Pier […]