Blog | MyPetroCareer

‘How Nigeria’s economy will benefit from $5bn AEB’

*Abuja metropolis Michael Eboh Dublin, Ireland — The Ministry of Petroleum Resources has disclosed that the African Energy Bank (AEB), to be cited in Abuja, would boost the country’s Gross Domestic Product (GDP), propel economic […]

NNPCL agree to $1.28bn divestment deal between ExxonMobil & Seplat

*Headquarters of the Nigeria National Petroleum Company Ltd, Central Business District, Garki, Abuja. Lagos — The Nigerian National Petroleum Company Limited (NNPCL) has announced the signing of a settlement agreement to facilitate the divestment of […]

ONGC, ABL move “record high” 45 drilling rigs ahead of India’s monsoon season

(WO) – India’s Oil and Natural Gas Corporation Limited (ONGC), supported by ABL as tow master and marine warranty provider, has moved a record high 45 drilling rigs to new locations ahead of the Indian […]

Consumers, traders blame rising cost of food on fuel price hike

*Fuel dispenser nozzle. – As FCCPC promises to address key issues affecting food prices Mkpoikana Udoma Port Harcourt — Consumers, market leaders and traders of food produce in Port Harcourt, the Rivers State Capital have […]

ABL to provide marine warranty services for Safaniya oil field jackets offshore Saudi Arabia

(WO) – ABL has been awarded a contract by China Offshore Oil Engineering Company (COOEC) to provide marine warranty survey (MWS) services for the build-out of the CRPO 122 project at the Safaniya oil field […]

ARA Petroleum to develop Tanzania’s largest onshore natural gas discovery

(WO) – ARA Petroleum announced that the Ministry of Energy in Tanzania has granted a 25-year Development Licence over the Ntorya natural gas discovery area to the Ruvuma joint venture. The Development Licence […]

NNPC uncovers 122 illegal refineries

*Mele Kyari. NNPC GCEO …Fuel station sealed for selling illegally refined product Oritsegbubemi Omatseyin Lagos — In a renewed drive against oil theft, the Nigerian National Petroleum Company Limited, NNPC, has discovered a total of 122 […]

Environmentalists demand unconditional release of arrested anti-East African oil activists

Port Harcourt — The National Association of Professional Environmentalists, NAPE, has demanded the unconditional release of nine activists arrested by the Ugandan Police Force, while on a peaceful protest against the funding of the East […]

News

Shell plans job cuts in offshore wind business as CEO refocuses on oil and gas

(Bloomberg) – Shell Plc is preparing to cut staff from its offshore wind business as Chief Executive Officer Wael Sawan moves the company away from the capital-intensive renewable energy sector. The British oil […]

Pioneer’s Scott Sheffield fires back at FTC allegations following $60 billion ExxonMobil deal

(Bloomberg) – Former Pioneer Natural Resources Co. Chief Executive Officer Scott Sheffield says federal regulators mischaracterized facts and wrongly vilified him in saying he tried to collude with OPEC to prop up crude prices, Fig. […]