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NUPRC sets bold regulatory agenda at energy summit

*Gbenga Komolafe, Chief Executive, NUPRC Oritsegbubemi Omatseyin Lagos — The future of Nigeria’s upstream oil and gas sector is set for unprecedented growth, as the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, unveiled a roadmap focused on […]

Ample supply to check oil prices despite political uncertainty: Reuters Poll

The survey of 41 economists and analysts forecast Brent crude would average $74.63 per barrel in 2025, up from a forecast of $74.57 in January. U.S. crude , meanwhile, is projected to average $70.66 per […]

News

Texas Alliance, IPAA applaud Congressional action eliminating methane tax rule

The Texas Alliance of Energy Producers and the Independent Petroleum Association of America (IPAA) have both released statements applauding energy leaders in the U.S. House and Senate in eliminating a costly and harmful EPA rule put into […]

MODEC secures offshore carbon capture FEED contract with SAMSUNG E&A

MODEC has entered into a Front-End Engineering and Design (FEED) contract with SAMSUNG E&A for an offshore carbon capture pilot project, selecting Carbon Clean’s modular CycloneCC technology. The study envisages the installation of a carbon […]

Nigeria’s first major shipping alliance targets global energy market

*The Managing Director of NNPC Shipping, Panos Gliatis; President of Stena Bulk, Erik Hånell; CEO of Caverton Offshore Support Group,Bode Makanjuola, and other dignitaries at the event formalizing the partnership in London Mkpoikana Udoma Port […]

TWMA breaks ground on Middle East drilling waste management facility

TWMA’s CEO, Halle Aslaksen, and UAE General Manager, Pierre-Marie Hinden TWMA* has officially broken ground on its latest facility in Habshan, Abu Dhabi. The milestone marks the beginning of construction for the world’s […]

Expro to supply TRS technology for Netherlands’ first offshore CCS project

Energy services provider Expro has secured a contract to supply Tubular Running Services (TRS) as part of a major Carbon Capture and Storage (CCS) project in the Netherlands. The contract includes the recompletion and […]

NUPRC reaffirms commitment to domestic crude supply obligation

*NUPRC’s Chief Executive, Engr. Gbenga Komolafe Oritsegbubemi Omatseyin Lagos — The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has reaffirmed its commitment to implementing the Domestic Crude Supply Obligation, DCSO, a key policy aimed at ensuring domestic […]

NNPC leads the charge towards Africa’s gas infrastructure expansion

*Headquarters of the Nigeria National Petroleum Company Ltd, Central Business District, Garki, Abuja. Oritsegbubemi Omatseyin Lagos — The Group Chief Executive Officer of NNPC, Mele Kyari has said that the world recognizes Africa as the […]

EU Commission proposes to aggregate EU LNG demand with reliable suppliers

As previously reported by Reuters, the Commission aims to save Europeans 45 billion euros ($47.25 billion) in 2025 and 260 billion euros ($273.03 billion) by 2040. The Commission said it will look at investing in […]