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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 […]

Exploring the Hidden Treasures: The By-Products of Crude Oil

By-Products of Crude Oil: Exploring the Hidden Treasures Crude oil, often referred to as “black gold,” is a valuable natural resource that powers our modern world. Besides being a major source of fuel, crude oil […]

Tips for Writing an Effective Engineering Resume

How to Write a Resume for Engineering Jobs When applying for engineering jobs, having a well-crafted resume is essential to stand out from the competition. Here are some tips to help you create an effective […]

‘Nigeria could approve Exxon oil asset sale to Seplat within weeks’

*Gbenga Komolafe Abuja/Lagos — ExxonMobil’s Nigerian petroleum assets sale to Nigeria’s Seplat could be approved in less than two weeks, the country’s oil regulator told Reuters on Thursday.The $1.28 billion sale in Africa’s largest oil […]