Blog | MyPetroCareer

TotalEnergies considers moving stock listing to New York

*TotalEnergies headquarters in Paris. (Photographer: Nathan Laine/Bloomberg). London – TotalEnergies SE is increasingly making noise about moving its stock listing to New York, adding to chatter around European giants potentially being attracted by U.S. investors’ […]

Seplat Energy declares US 3 Cents dividend per share for Q1 2024

Oritsegbubemi Omatseyin Lagos — Seplat Energy Plc has announced its unaudited results for the three months ended 31 March 2024, declaring a US 3 Cents dividend per share for the period. For the period under […]

Exxon to shut 2 platforms in Guyana for 2 weeks each to connect pipeline

*The Exxon Mobil Corp building is pictured in Georgetown, Guyana. Georgetown — Exxon Mobil Corp will shut down two offshore oil production projects in Guyana for two weeks each, between July and August, to connect […]

Fuel prices soar as shortages worsen Nigeria’s cost of living crisis

*Fuel scarcity persists in Nigeria. Lagos — Gasoline shortages persisted in Nigeria’s major cities on Tuesday, causing a sharp increase in prices and exacerbating the country’s cost-of-living crisis. Prices in some retail outlets in Lagos […]

NUPRC begins evaluation of Shell’s onshore divestment in Niger Delta

*Shell Petroleum Development Company Abuja — Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has commenced the evaluation of the divestment processes of Shell’s 75-year-old onshore assets to Renaissance company, the new investors. Shell in January announced […]

Oil prices fall 1% on Israel-Hamas ceasefire talks, U.S. inflation concerns

*Oil prices Beijing/New Delhi — Oil prices were down 1% on Monday, erasing gains from Friday as Israel-Hamas peace talks in Cairo eased fears of a wider conflict in the Middle East and U.S. inflation […]

FRSC reveals cause of petrol tanker fire in Rivers

*Scene of the fire explosion. Mkpoikana Udoma Port Harcourt — The Federal Road Safety Corps, FRSC, has identified the cause of the weekend fire disaster which claimed five persons including a pregnant woman, and over […]

‘TotalEnergies looking at primary listing in New York’

*Bull in front of the NYSE. Paris — French oil major TotalEnergies is “seriously” looking at a possible listing in New York, Chief Executive Patrick Pouyanne told analysts on Friday, to move closer to a […]

Mexico’s Pemex Q1 net profit plummets 92%

Pemex also reported revenues of 405.9 billion pesos for the January-to-March period, down 3% from the year before, driven mainly by a drop in crude prices. Its financial debt was $101.5 billion at the end […]

Phillips 66 misses first-quarter profit estimates on weaker margins

News wire — Phillips 66 missed quarterly profit estimates due to a decline in refining margins led by underperformance at its Gulf Coast operations. Refiner margins have scaled back from the peaks achieved after Russia’s invasion […]