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News Ticker
  • [ October 1, 2026 ] Ima gas project to add 350MMscfd to Nigeria supply by 2028 News
  • [ October 1, 2026 ] East African oil pipeline beset by delays News
  • [ September 30, 2026 ] Shell Nigeria Gas Reaffirms Commitment to Nigeria’s Gas Future News
  • [ September 30, 2026 ] Navy links oil asset security to higher crude production News
  • [ September 29, 2026 ] Ekpo presses AMNI, TotalEnergies on timely Ima gas project delivery News

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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 […]
News

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 […]
News

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 […]
News

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 […]
News

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 […]
News

Kerosene price rises to N1,340 per litre in February

*Fuel pump dispensing kerosene Sam Ikeotuonye Lagos —  The average retail price for kerosene rose from N1,329 per litre in January this year to N1,340 in February, the National Bureau of Statistics, NBS, has revealed. […]
News

Opportunities in cross-border cooperation for oil & gas in southern Africa

NJ Ayuk Johannesburg, South Africa — Advocacy is one of my greatest priorities as the founder of the African Energy Chamber (AEC). For years, I have been making a case for the growth of Africa’s […]
News

TotalEnergies publishes 2024 Sustainability & Climate Progress Report

Paris, March 20, 2024 – TotalEnergies published its Sustainability & Climate – 2024 Progress Report, in line with a pledged by the Board of Directors since 2020. The report gives an account of the implementation the […]
News

US oil output to exceed 14 million bpd and then plateau, says Conoco chief

Output in the top U.S. shale field, the Permian basin of West Texas and New Mexico, will rise between 300,000 bpd and 400,000 bpd this year, he said in remarks at the CERAWeek energy energy […]
News

‘US oil output to exceed 14 million bpd and then plateau’

*ConocoPhillips CEO Ryan Lance. Houston — U.S. oil production will grow to exceed 14 million barrels per day and then plateau, ConocoPhillips CEO Ryan Lance forecast on Tuesday. Output in the top U.S. shale field, […]

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Recent News

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