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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

Repsol to deploy gen AI across operations in collaboration with Accenture

Repsol will extend its co-innovation collaboration with Accenture to continue advancing the goals of its Digital Program and accelerate the use of generative AI (gen AI) across the company, through the introduction and deployment of […]
News

PETROAN warns against policy sabotage over FG’s ban on crude oil diversion

Mkpoikana Udoma Port Harcourt — The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has urged the Federal Government to strictly enforce its newly announced ban on the exportation of crude oil allocated to […]
News

Makai, Tritan Software to launch advanced ocean vector chart services (OVCS)

Makai Ocean Engineering has announced a collaboration with Triton Software Ltd to integrate the Ocean Vector Chart Service (OVCS) and provide seamless access to high resolution nautical charts directly in MakaiPlan, its submarine cable route […]
News

‘US drillers add oil and gas rigs for second week in a row’

*US weekly offshore rig count. Houston, TX — U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, energy services […]
News

Equinor cuts renewables target, forecasts growth for oil and gas

(Bloomberg) – Equinor ASA reined in its renewable-energy ambitions, less than two months after snapping up a $2.3 billion stake in Danish wind giant Orsted A/S. The Norwegian company lowered its 2030 target […]
News

Oil, gas traders to seek tariff waivers from Beijing for US imports

*An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. China Daily via REUTERS Singapore — Oil and gas traders are likely […]
News

Oil edges higher, but bearish sentiment persists

*Oil prices up – Fueled by trade tensions and oversupply concerns Lagos — Crude oil futures edged higher, but the trend remains mostly bearish. The uptick followed a volatile session, as traders reacted to U.S. […]
News

Kurdistan, North Sea expansions were key drivers for 2024 revenue, DNO says

DNO ASA reported 2024 revenues of USD 667 million on the back of robust production in the Kurdistan region of Iraq in a year marked by continuing North Sea expansion. Cash from operations increased nearly […]
News

VIKING opens new Norway facility to design, manufacture lifeboats for offshore sector

VIKING Life-Saving Equipment is strengthening its position in boat manufacturing by investing in a new state-of-the-art manufacturing facility in Arendal, Norway. The new building covers 3,400 sqm and is designed to meet requirements for high-end […]
News

NNPC Ltd/First E&P JV cuts routine gas flaring by 96% in OML83/85 fields

*A reflection of two gas flaring furnaces is seen in the pool of oil-smeared water at a flow station in Ughelli, Delta State, Nigeria. Mkpoikana Udoma Port Harcourt — The NNPC Ltd/First Exploration & Petroleum […]

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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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