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News Ticker
  • [ February 23, 2026 ] Nigeria tightens local content enforcement to boost indigenous EPC firms News
  • [ February 23, 2026 ] Africa’s $29.5trn mineral wealth poised to boost mining sector jobs News
  • [ February 21, 2026 ] India’s infrastructure output rises 4% year-on-year in January News
  • [ February 21, 2026 ] Germany is discussing future gas market, including strategic reserve News
  • [ February 20, 2026 ] Oil heads for first weekly gain this month as US-Iran tensions rise News

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News

Nigeria launches 2025 oil licensing round, offers 50 blocks

*Gbenga Komolafe, NUPRC Abuja — Nigeria’s upstream regulator on Monday announced the start of its 2025 oil licensing round, offering 50 blocks for bidding as Africa’s biggest crude producer seeks to boost output and attract […]
News

Gas flare worsens, as NOSDRA discontinues monitoring

*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. – Oil firms flare N57bn gas in one month Michael Eboh […]
News

Rivers TUC warns of impostors, declares sole authority under Ogan

*Newly elected TUC Chairman in Rivers State, Comrade Samuel Ogan. Mkpoikana Udoma Port Harcourt — The Rivers State Council of the Trade Union Congress, TUC, has raised alarm over what it described as “dangerous impersonation” […]
News

Russia’s Gazprom posts quarterly net income of $1.72 billion after a year-ago loss

The financial results were underpinned by the government decision to ease the tax burden on the company, which effectively lost the European gas pipeline market, once its key source of revenues, following the start of […]
News

Colombia’s Ecopetrol to invest up to $7.2 billion in 2026

Ecopetrol plans to drill between 380 and 430 development wells – 95% in Colombia and 5% in the United States – and eight to 10 exploratory wells, mostly in Colombia, it said in a statement. […]
News

Swelling supply to keep oil prices under strain in 2026

*Crude oil barrels News wire —Oil prices are projected to remain under pressure in 2026, as swelling supplies eclipse modest demand growth, while geopolitical risks could cap deeper losses, a Reuters poll showed on Friday. […]
News

IEA commends NUPRC’s regulatory reforms, seeks deeper collaboration

*The Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe (right), and the IEA Africa Programme Manager, Rita Maderia  Oritsegbubemi Omatseyin Lagos — The International Energy Agency, IEA, has commended the Nigerian Upstream Regulatory Commission, […]
News

NNPC/Heirs Energies JV breaks new ground, adds over 135 MMscf/d to Nigeria’s domestic gas supply

*Heirs Energies operational facility Oritsegbubemi Omatseyin Lagos — The NNPC/Heirs Energies Joint Venture, JV, has achieved a major breakthrough with the innovative, rigless recompletion of a key non-associated gas well in the Oil Mining Lease,  OML, […]
News

TotalEnergies reaffirms commitment to low-emission operations for sustainable growth

*Matthieu Bouyer, MD and CEO, TotalEnergies Nigeria Oritsegbubemi Omatseyin Lagos — TotalEnergies Nigeria has reiterated its pledge to achieve carbon-neutral operations by delivering more energy with fewer emissions. This commitment was highlighted by Matthieu Bouyer, Country […]
News

Nigeria poised to lead Africa’s downstream transformation

*Bayo Ojulari Mkpoikana Udoma Port Harcourt — Nigeria is positioning itself to take the lead in Africa’s downstream transformation through infrastructure expansion, regional partnerships, and sustainable investment in the oil and gas value chain, the […]

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Recent News

  • Nigeria tightens local content enforcement to boost indigenous EPC firms

    Nigeria tightens local content enforcement to boost indigenous EPC firms

    February 23, 2026
  • Africa’s $29.5trn mineral wealth poised to boost mining sector jobs

    Africa’s $29.5trn mineral wealth poised to boost mining sector jobs

    February 23, 2026
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  • Germany is discussing future gas market, including strategic reserve

    Germany is discussing future gas market, including strategic reserve

    February 21, 2026
  • Oil heads for first weekly gain this month as US-Iran tensions rise

    Oil heads for first weekly gain this month as US-Iran tensions rise

    February 20, 2026
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