Blog | MyPetroCareer

‘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 […]

Nigeria loses 300,000b/d to oil theft, says Speaker Abbas

*Speaker of the House of Representatives, Hon. Tajudeen Abbas. Mkpoikana Udoma Port Harcourt — The Speaker of the House of Representatives, Hon. Tajudeen Abbas, has announced that Nigeria loses an estimated 300,000 barrels of crude […]

Stranded cargo shows credit challenges at Nigeria’s Dangote refinery

*The Dangote Refinery Houston — Chinese state energy major PetroChina has been waiting to unload a cargo of U.S. crude at Nigeria’s giant new refinery for nearly a month due to payment issues, according to […]

Compel oil operators to seal deactivated wellheads, Naval Chief tells NNPC

*An oil well-head at a remediation site in Korokoro, Tai LGA of Rivers State. Mkpoikana Udoma Ogalla has also advocated the use of technology in the monitoring of active and functional oil wellheads, saying the […]

Nigeria must invest in fossil fuel to finance energy transition

*Heineken Lokpobiri Mkpoikana Udoma Port Harcourt — The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, says Nigeria and Africa need more investment in fossil fuel exploration to guarantee energy security and finance energy […]

‘Ensure Shell restores N/Delta environment to pre-oil exploration’

Port Harcourt — The Centre for Environment, Human Rights and Development, CEHRD, has urged the Federal government to prevail on Shell, to restore the Niger Delta environment to the way it was pre-oil exploration activities […]

NNPC, Newcross E&P unlock 12,000bpd production from Awoba field

Oritsegbubemi Omatseyin Lagos — The Nigerian National Petroleum Company Limited, NNPC, and its joint venture partner in the Awoba Unit Field, Newcross Exploration and Production Limited, have restarted production from the field, which last contributed […]

Oil falls back after robust EU data as Mideast tensions linger

Global benchmark Brent crude oil futures were down 52 cents, or 0.6%, at $86.48 a barrel by 1325 GMT. U.S. West Texas Intermediate crude futures fell 50 cents, or 0.6%, to $81.40 after dropping as […]