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News Ticker
  • [ March 1, 2026 ] Nigeria’s oil revenue dips by 25% to N877bn in one month News
  • [ March 1, 2026 ] Nigeria received N269bn in penalties in one year News
  • [ February 28, 2026 ] Shipping, oil price may soar as Iran–US–Israel clash escalates News
  • [ February 27, 2026 ] Ex-NNPC official jailed in US for $2.1m bribe News
  • [ February 27, 2026 ] MDGIF courts India’s IGL to deepen Nigeria gas infrastructure News

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News

ADNOC Drilling reports record $1.3 billion net profit from 2024

ADNOC Drilling has announced record financial results for the fourth quarter and full year ending December 31, 2024. Full-year revenue $4.03 billion, +32% year-on-year Full-year EBITDA $2.01 billion, +36% year-on-year, 50% margin Full-year […]
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Norway’s Vipo expands U.S. presence with new manufacturing facility for swellable packers

Vipo has opened a new Swellable Packer Manufacturing facility in Monclova, Ohio. This factory was established to better supply the long-standing oil and gas customer with swellable packers for use in installations all over the […]
News

Kosmos Energy produces first LNG from bp-operated GTA project, offshore W/Africa

*bp-operated Greater Tortue Ahmeyim (GTA) LNG project. Newswire — Kosmos Energy has announced that first liquified natural gas (LNG) production has been achieved at the bp-operated Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania & […]
News

Oil price falls ahead of Trump-Putin Ukraine war negotiations

*Global oil flow. Lagos — “Oil prices experienced a significant decline after three consecutive days of gains. West Texas Intermediate (WTI) recorded its biggest drop since January, falling approximately 2.5%, partially affected by the latest […]
News

STRYDE wins S3 contract to deploy 42,000 nodes for CCS project, onshore Denmark

STRYDE, a global leader in nodal seismic acquisition technology, has secured a major contract to supply 42,000 autonomous nodes to Smart Seismic Solutions (S3). STRYDE nodes The nodes will be deployed on a […]
News

UNEP seeks collaboration with NUPRC to combat methane emissions in Nigeria 

*UNEP and NUPRC officials during the visit Oritsegbubemi Omatseyin  The delegation, led by the UNEP Programme Manager Marci Baranski, emphasised the importance of working closely with NUPRC to actualise methane reduction efforts in Nigeria. Baranski […]
News

Equatorial Guinea plans licensing round in 2025 to boost exploration, production

Equatorial Guinea is taking decisive steps to revitalize its upstream sector, with plans to launch a new licensing round in 2025 aimed at increasing exploration and production. With the global energy landscape evolving […]
News

CLG experts unpack Congo’s upcoming gas code & investment opportunities

*Congo oil reserve. Brazzaville, Republic of the Congo — The matter of the gas code will undoubtedly be discussed at the Congo Energy & Investment Forum, taking place from March 24-26, 2025, in Brazzaville. This […]
News

China National Petroleum resumes crude production in South Sudan

(Bloomberg) – Dar Petroleum Operating Co. has resumed producing oil from a number of its wells in South Sudan after almost a year, people with knowledge of the matter said. The company, operated […]
News

Shell sees bright future for Nigeria’s deep-water production with the right conditions

*L-R: Managing Director, Shell Nigeria Exploration and Production Company Limited (SNEPCo), Ron Adams; Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri ; Executive Secretary, Nigeria Content Development and Monitoring Board, Felix Omatsola Ogbe; and […]

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Recent News

  • Nigeria’s oil revenue dips by 25% to N877bn in one month

    Nigeria’s oil revenue dips by 25% to N877bn in one month

    March 1, 2026
  • Nigeria received N269bn in penalties in one year

    Nigeria received N269bn in penalties in one year

    March 1, 2026
  • Shipping, oil price may soar as Iran–US–Israel clash escalates

    Shipping, oil price may soar as Iran–US–Israel clash escalates

    February 28, 2026
  • Ex-NNPC official jailed in US for $2.1m bribe

    Ex-NNPC official jailed in US for $2.1m bribe

    February 27, 2026
  • MDGIF courts India’s IGL to deepen Nigeria gas infrastructure

    MDGIF courts India’s IGL to deepen Nigeria gas infrastructure

    February 27, 2026
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