Blog - MyPetroCareer

NNPC says it will end monopoly on petrol supplies

*Fuel queues return to Nigerian filling stations. Abuja — Nigeria’s state-owned oil company NNPC will soon end its monopoly on petrol supplies, its chief executive told local television on Thursday, a day after it nearly […]

TotalEnergies signs PSC for the Agua Marinha offshore block

*Map showing Brazil’s Agua Marinha offshore block Paris – TotalEnergies and its co-venturers Petrobras, QatarEnergy and PETRONAS Petróleo Brasil Ltda (PPBL) have signed on 31 May 2023 the Production Sharing Contract (PSC) for the Agua […]

Tinubu’s decision on fuel subsidy insensitive

…Urges ‘immediate withdrawal of policy’ …Says decision ‘could be costly gamble’ *President Tinubu Mkpoikana Udoma Port Harcourt — The Nigerian Labour Congress, NLC, has tackled President Bola Ahmed Tinubu for announcing fuel subsidy removal without consultations […]

NNPC Limited increases fuel price to N555 per liter

Lagos — The Nigerian National Petroleum Company, NNPC, Limited has instructed all petroleum marketers to adjust retail prices for the premium motor spirit to a range between N488 to N555 per liter. *NNPC Limited price […]

Fuel price hits N600/litre in Bayelsa, Rivers, Akwa Ibom

*Petrol dispenser nozzle – NMDPRA, IPMAN react Mkpoikana Udoma Port Harcourt — Fuel price has risen to N600 per litre in filling stations across Rivers, Bayelsa and Akwa Ibom States, following the end of fuel […]

Fuel stations shut, queues in others after Tinubu declares end of subsidy

Tinubu, who spoke at the Eagles Square in Abuja shortly after being sworn-in as president, said there was no provision for subsidy in the national budget from June 2023. “We commend the decision of the […]

OPEC+ meets June 4 in Vienna amid conflicting messages

*Saudi Energy Minister Prince Abdulaziz bin Salman News wire — Members of the Organization of Petroleum Exporting Countries, OPEC, producers and their main allies, together known as OPEC+, will meet in Vienna, Austria, to set […]

Navy officially hands over MT Heroic Idun

*The Commanding Officer, Forward Operating Base, Bonny, Navy Captain Mohammed Adamu, officially handover MT Heroic Idun, to the vessel Captain, Tanuj Mehta, offshore Nigeria at the weekend Mkpoikana Udoma Port Harcourt — The Nigerian Navy […]

Production at Equinor’s Statfjord A remains halted after gas leak

Oslo — Production at the Statfjord A oil and gas platform in the North Sea remains shut following the discovery of a gas leak late on Thursday, Equinor said on Friday. “It is too early […]

Norway wealth fund to vote against ExxonMobil CEO Woods as chair of the board

*Darren W. Woods Oslo — Norway’s $1.4 trillion sovereign wealth fund, the world’s single largest stock market investor, said on Friday it would vote against CEO Darren W. Woods continuing as chair of the board […]