Blog | MyPetroCareer

Eni attracts funding interest for next floating LNG plant

(WO) — Eni SpA has received substantial interest for its next floating liquefied natural gas project in Mozambique, even as international lenders face growing pressure to reduce exposure to fossil fuels. Luca Vignati, […]

Oil & gas secures $5m as Nigeria’s capital importation hits $2.6bn

*Financial markets. Mkpoikana Udoma Port Harcourt — Nigeria’s capital importation soared to an impressive $2.6 billion in Q2 2024, marking a significant 152.81% increase from $1.03 billion in the same quarter last year. According to […]

Nigeria’s Defence Minister vows to end oil theft in Niger Delta

*Nigeria’s Minister of Defence, Dr. Mohammed Badaru Abubakar Mkpoikana Udoma Port Harcourt — Nigeria’s Minister of Defence, Dr. Mohammed Badaru Abubakar, on Friday vowed to end the menace of illegal oil bunkering, oil theft, and […]

Exxon plans to increase Guyana offshore output by 18,000 bpd

(WO) – ExxonMobil Guyana plans to increase output from its Stabroek block offshore Guyana by 18,000 barrels per day (bpd) once it has completed risk assessments and received approval from local authorities, country manager Alistair […]

Oil heads for weekly climb on potential Mideast supply disruption

London — Oil prices softened on Friday but were set for a second weekly gain as investors weighed the impact of hurricane damage on U.S. demand against any broad supply disruption if Israel attacks Iranian […]

Oil moguls provide crucial funding in Trump campaign’s final stretch

(WO) — Oil executives have emerged as an increasingly important source of funding for Donald Trump, as industry titans open their wallets to bolster the Republican nominee’s campaign for a second term in the White […]

Atiku blasts Tinubu’s ‘haphazard’ fuel subsidy policy amid soaring inflation

Atiku Abubakar, former VP of Nigeria. Mkpoikana Udoma Port Harcourt — Former Vice President Atiku Abubakar has strongly criticized President Bola Tinubu’s fuel subsidy policy, labeling it as “haphazard and disingenuous.” Abubakar in his verified […]

Woodside completes $900 million acquisition of Tellurian, Driftwood LNG project

(WO) — Woodside has finalized the acquisition of Tellurian Inc. and its U.S. Gulf Coast Driftwood LNG development for approximately $900 million in cash, or $1.00 per share, with an implied enterprise value of $1.2 […]

Shearwater to begin new deepwater Angolan survey for TotalEnergies

Vessel Tas Newswire — Shearwater Geoservices Holding AS has been awarded a major offshore project by TotalEnergies to conduct a deepwater ocean-bottom node (OBN) survey in Angola. The survey will cover the Louro and Mostarda […]

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Petrobras refinery hits record output with pre-salt oil driving gains

(WO) – Petrobras, Brazil’s state-owned oil company, achieved record production at its refineries in September 2024. The Total Utilization Factor (FUT) of its refineries reached 96.8%, the highest monthly figure this year, according to the […]