Blog | MyPetroCareer

Shell remains “the world’s most valuable oil and gas brand”

*Shell LNG Marketing & Trading. Lagos — In its latest report, brand valuation consultancy Brand Finance has ranked the world’s strongest, most valuable and fastest-growing oil and gas brands, with Shell topping the list. Shell […]

NSCDC arrests five suspects for vandalising Heirs/NNPCL JV wellhead

*NSCDC personnel inspecting an artisanal oil refining site. – Uncovers 10 illegal refineries with 500,000litres of crude oil Mkpoikana Udoma Port Harcourt — The Nigerian Security and Civil Defence Corps, NSCDC says it has uncovered […]

World oil demand outpacing expectations, challenging peak crude predictions

*Amin Nasser speaks during the 2024 CERAWeek by S&P Global conference in Houston. Newswire – The world is using more oil than ever and demand is outpacing expectations again this year, raising questions about how […]

Oil rises as heightened geopolitical risks exacerbate supply concerns

*Global oil flow. Tokyo — Oil prices rose in early Asian trading on Monday on concerns over tighter global supply brought about by escalating conflicts in the Middle East and between Russia and Ukraine, while […]

Perenco mourns loss of workers in offshore Gabon Fire

*Offshore Gabon – AEC extends condolences & support Johannesburg, South Africa — Africa-focused independent oil and gas company Perenco has announced the death of five of its workers following fire broking at its Becuna platform […]

News

Sinopec’s 2023 net income falls 9.9% in ‘complicated environment’

*The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren Acquire Licensing Rights. Beijing — China […]

Mexico’s Pemex put off repairs despite vast methane leak

Mexico City — Mexican state energy company Pemex put off urgent repairs and maintenance at an important offshore platform for months, resulting in methane spewing into the atmosphere, according to internal documents and three sources […]

Ukraine says Russian oil refineries are legitimate targets

*Russia oil production Kyiv — A Ukrainian deputy prime minister said on Friday Russian oil refineries were legitimate targets for its forces, after a media report said the United States, a close ally, had asked […]

Oil eases on possible Gaza ceasefire, dollar strength

*Oil tankers are anchored at Basra harbour, 550 kms (340 miles) south of Baghdad. Iraqi Oil Minister Hussein al-Shahristani announced the construction of four new water platforms to ease the export of oil and increase […]

CNOOC’s 2023 profit falls 12.6% after record 2022

CNOOC Limited Beijing — Chinese energy firm CNOOC Ltd (0883.HK), opens new tab, posted a fall of 12.6% in 2023 net income after a record high a year earlier, as hydrocarbon prices fell, although a […]