Blog - MyPetroCareer

Oil prices fall as risk premium fades after Gaza deal

Brent crude futures were down $2.16, or 3.31%, at $63.06 a barrel at 10:37 a.m. CDT (1537 GMT), the lowest since early June. U.S. West Texas Intermediate crude was down $2.15, or 3.45%, to $59.40, […]

US drillers cut oil and gas rigs for first time in 6 weeks, Baker Hughes says

The oil and gas rig count, an early indicator of future output, fell by two to 547 in the week to October 10. , , Baker Hughes said this week’s decline puts the total rig […]

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Lekoil marks a new era with the commissioning of Otakikpo oil terminal in Rivers

Oritsegbubemi Omatseyin Lagos — Lekoil Nigeria Limited marked a defining chapter in her journey as a leading independent oil and gas company in Nigeria, as President Bola Ahmed Tinubu, represented by the Minister of State for […]

Azule Energy recognized as E&P Leader of the Year at AEW 2025

Cape Town, South Africa — International energy company Azule Energy was recognized as the Exploration & Production Leader of the Year at this year’s African Energy Awards and Gala Dinner. Hosted during the African Energy […]

NADDC, NITT deepen partnership on clean energy vehicle technologies

Oritsegbubemi Omatseyin Lagos — The Director-General of the Nigerian Institute of Transport Technology, NITT, Zaria, Dr. Alhaji Bayero, paid a courtesy visit to the Director-General of the National Automotive Design and Development Council, NADDC, Chief Joseph […]

Nigeria advances green growth with $100 million Orteva Carbon Project

*Wale Edun, Minister of Finance and Coordinating Minister of the Economy Oritsegbubemi Omatseyin Lagos — The Federal Government has taken a significant step towards realizing its green growth agenda with the $100 million Orteva Carbon Project, […]

NNPCL achieves five-year record in crude oil & gas production

*Engr. Bayo Ojulari with President Bola Tinubu. Mkpoikana Udoma Port Harcourt — The Nigerian National Petroleum Company Limited, NNPCL, has recorded its highest crude oil and gas production levels in nearly five years, marking a […]

NLNG wants Africa to emerge as global LNG powerhouse, not raw material supplier

*Olakunle Osobu, NLNG’s Deputy Managing Director, delivering an address titled “The Role of African LNG in a Dynamic Export Market” at the Africa Energy Week 2025 in South Africa, recently. Mkpoikana Udoma Port Harcourt — […]

NCDMB launches Nigerian Content Lecture Series, lines up Jonathan, Nwapa, Avuru, Verheijen as speakers

*Ex-President Goodluck Jonathan Oritsegbubemi Omatseyin Lagos — In continuation of its human capacity building initiatives and provision of thought leadership in the Nigerian oil and gas industry, the Nigerian Content Development and Monitoring Board, NCDMB, is […]

Nigeria bets big as natural gas powerhouse, investment

Mkpoikana Udoma Port Harcourt — Nigeria took centre stage at the Africa Energy Week in Cape Town, as Mr. Declan Nwokoro, Managing Director of NNPC Gas Marketing Ltd, NGML, declared Nigeria’s natural gas sector as a […]