Blog

Invictus Energy discusses success and capital raising in African exploration

*Invictus to commence operations in the Cabora-Bassa basin. Cape Town, South Africa — Across Africa’s proven and promising hydrocarbon basins, independent oil and gas companies are playing a central role in driving exploration and resource […]

Oil prices set to end week about 4% higher

*Oil prices Houston — Oil prices edged lower on Friday but were on track to gain nearly 4% for the week, boosted by the International Energy Agency revising its 2024 oil demand forecasts higher and […]

NLNG $10bn train 7 expansion project at 60% completion

*Development of the NLNG Train 7. Oritsegbubemi Omatseyin Lagos — The Managing Director, MD, and Chief Executive Officer of Nigeria Liquified Natural Gas Limited, NLNG, Dr. Philip Mshelbila, has expressed optimism regarding the recent Executive […]

News

OPEC says IEA commentary on oil security encouraging

*The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC’s headquarters in Vienna, Austria April 9, 2020. REUTERS/Leonhard Foeger Dubai — Oil producer group OPEC said on Wednesday it […]

MOSOP seeks Fubara’s intervention over oil well dispute in Rivers

– Blames conflict on NNPC Ltd. Mkpoikana Udoma Port Harcourt — The Movement for the Survival of the Ogoni People, MOSOP, has called on Governor Siminalayi Fubara to intervene in an oil well dispute in […]

Transmission pipelines to lead upcoming midstream project starts in US 2024-2028

Lagos — The trunk/transmission pipelines segment is set to dominate upcoming oil and gas midstream projects in the US by 2028, accounting for about 47% of the midstream projects starting between 2024 and 2028, says […]

NNPC solicits EFCC’s support in fight against crude oil theft

*NNPC GCEO, Mr. Mele Kyari (left), and EFCC’s chairman, Mr. Ola Olukoyede, during their interaction at the NNPC Towers, Abuja Oritsegbubemi Omatseyin Lagos — The Nigerian National Petroleum Company Limited, NNPC, has appealed to the Economic and Financial […]

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