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News Ticker
  • [ April 2, 2026 ] OPEC+ likely to weigh further oil output hike on Sunday News
  • [ April 2, 2026 ] Subsea7 wins Equatorial Guinea tieback contract for Chevron gas project News
  • [ April 1, 2026 ] Fuel prices surge in Africa as Iran war hits supply News
  • [ April 1, 2026 ] Adeleye Falade assumes office as NLNG CEO, Train-7 nears completion News
  • [ March 31, 2026 ] NNPCL’s workforce grew by 12% to 6,247 in Q4’ 2025 News

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News

Oil slips on weak China GDP data, resumption of Libya output

*Oil prices – China Q2 GDP growth slows, June crude throughput up from May– Two of three Libyan fields resume output during weekend– Russian oil exports from western ports to fall in Aug -sources Singapore — […]
News

Navy dismantles 2km illegal pipeline attached to OML18 wellhead

*Nigerian Navy’s swamp-bogey excavating illegal pipelines from OML18 field – Nabs four suspected oil thieves Mkpoikana Udoma Port Harcourt — The Nigerian Navy Ship, NNS Pathfinder, at the weekend dismantled and excavated an over 2KM illegally […]
News

Indonesia to launch much awaited IPOs for PalmCo, PHE in coming months

Jakarta — Indonesia is planning to launch much-anticipated initial public offerings (IPOs) for its state palm oil planter and upstream oil and gas company in coming months, a deputy cabinet minister said on Friday. IPO […]
News

Russia sets plans for oil export cuts in August

*Stacks of crude oil barrels Moscow — Russian oil exports from western ports are set to fall by some 100,000-200,000 barrels per day next month from July levels, a sign Moscow is making good on […]
News

Environmentalist slams NNPCL for destroying vessel with 800,000 barrels stolen crude

*Arrested vessel, MT Turall, partially destroyed by the military Mkpoikana Udoma Port Harcourt — A renowned environmentalist and Executive Director of Health of Mother Earth Foundation, Dr Nnimmo Bassey, has berated the NNPC Ltd for […]
News

Aker BP’s Q2 operating profit jumps amid record output

Oslo — Norwegian oil group Aker BP on Thursday reported a rise in second-quarter earnings that matched expectations as record output offset weaker prices for oil and gas. Norway’s second-largest listed oil company, partly owned […]
News

Oil markets set to tighten, economic headwinds to hit growth, IEA says

*Crude oil barrels; and a splash of oil appearing in the form of the map of the world London — Oil demand is set to hit a record high this year and the market is […]
News

Angola, DRC to ink agreement for Chevron operated block 14

Johannesburg, South Africa — Angola and the Democratic Republic of Congo (DRC) are set to make history with the signing of an agreement for the development of Block 14 on Thursday 13 July in Kinshasa. […]
News

Navy foils oil theft attempts at OML18 facility in Rivers

* NNS Pathfinder Commander, Commodore Ibrahim Sulaiman, patrols OML18 theft points Mkpoikana Udoma Port Harcourt — The Nigerian Navy Ship, NNS Pathfinder has again recorded another success in the fight against oil theft in the […]
News

Army parades 12 illegal oil bunkering suspects, fake personnel

*Nigerian army parades illegal oil bunkering suspects Mkpoikana Udoma Port Harcourt — The sixth Division of the Nigerian Army in Port Harcourt, has paraded 12 illegal oil bunkering suspects involved in illegal oil bunkering activities, as […]

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Recent News

  • OPEC+ likely to weigh further oil output hike on Sunday

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  • Subsea7 wins Equatorial Guinea tieback contract for Chevron gas project

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  • NNPCL’s workforce grew by 12% to 6,247 in Q4’ 2025

    NNPCL’s workforce grew by 12% to 6,247 in Q4’ 2025

    March 31, 2026
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