Blog | MyPetroCareer

Nigeria to unveil 2024 licensing round details at IAE Forum

*Offshore Nigeria Paris, France — The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, will showcase its 2024 licensing round at a dedicated “Invest in Nigeria” session at the Invest in African Energy forum in Paris next […]

NNPC cautions against panic buying

*Vehicular queues at a fuel station in Port Harcourt, Rivers State. …Says 30-days PMS sufficiency intact Mkpoikana Udoma Port Harcourt — As the current fuel scarcity in parts of the country continues to bite harder, the […]

NUPRC affirms commitment to investor friendly oil bid round

*Gbenga Komolafe with Heineken Lokpobiri at the ongoing Offshore Technology Conference in Houston, Texas. Kunle Kalejaye Houston, Texas — In preparation for the next oil bid round, the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has […]

Sahara Group advocates increased refining & storage capacity

*Executive Director of Sahara Group, Wale Ajibade. – To boost Africa’s downstream growth Oritsegbubemi Omatseyin Lagos — The Executive Director of Sahara Group, Wale Ajibade, has said that inadequate refining capacity, insufficient storage, and impeded […]

Big Oil finds more to love in deepwater exploration fields

*Offshore rigs in the US Gulf of Mexico. Houston — As Big Oil returns this week to the industry’s annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and […]

UK boosts energy security with 31 new oil and gas licenses

Newswire — The North Sea Transition Authority (NSTA) has announced the allocation of 31 new oil and gas licenses, marking a significant step towards reinforcing energy security in the UK, says Offshore Energies UK (OEUK). […]

KTS Oil & Gas Services Ltd boosts efficiency with ISO 9001

*CEO of KTS Oil & Gas Services Limited, Mr. Tom Otuaga. Port Harcourt — Tom Otuaga, the CEO of KTS Oil & Gas Services, an indigenous oil servicing firm, in this interview with our correspondent […]

Asia’s crude oil imports slip in April, trail OPEC forecasts

Launceston, Australia — Asia’s imports of crude oil slipped slightly in April from March, as increased arrivals in China failed to offset lower purchases elsewhere in the world’s top-importing region. April imports were 26.89 million […]

IOCs offered faster Nigerian exit if they pay for cleanup

*Gbenga Komolafe Abuja/Lagos — International oil companies, IOCs, including Exxon Mobil (XOM.N), and Shell (SHEL.L), that aim to exit Nigeria’s onshore oil can get quicker approval to do so if they take responsibility for spills […]

Shell smashes forecasts with $7.7 billion quarterly profit

*Shell LNG Marketing & Trading – Shell announces further $3.5bn in buybacks– Oil trading boosted by Red Sea diversions and Russia disruption– LNG earnings beat expectations– Shares up 1.7% London — Shell (SHEL.L), opens new […]