Blog - MyPetroCareer

Nigeria seeks global investment to unlock gas potential

*Ekperikpe Ekpo Mkpoikana Udoma Port Harcourt — Nigeria’s Minister of State for Petroleum Resources, Ekperikpe Ekpo, has called on global investors to partner with the country in unlocking its vast natural gas reserves, stressing that gas […]

Poland urges EU to end Russian oil imports by 2026, citing geopolitical risks

The Druzhba oil pipeline delivers Russian oil to Hungary and Slovakia, which continue to buy energy supplies from Russia after other EU nations cut ties following Russia’s full-scale invasion of Ukraine in 2022. The European […]

Decline in global oil and gas field output accelerating, IEA says

The IEA, which advises industrialised countries, is under fire from U.S. President Donald Trump’s administration for a recent shift to focus on clean energy policy. A 2021 IEA report said there should be no investment […]

Nigeria, Libya revive talks on cross-border gas pipeline

*Nigerian and Libyan officials Mkpoikana Udoma Port Harcourt — Nigeria and Libya are exploring a major cross-border gas pipeline deal as both countries intensify cooperation to harness Africa’s vast natural gas resources for global markets. Minister […]

News

Nigeria eyes regional gas hub status with Afreximbank’s $500m backing

Mkpoikana Udoma Port Harcourt — Nigeria is positioning itself as a regional gas hub following the signing of a $500 million Memorandum of Understanding, MoU, between the Midstream & Downstream Gas Infrastructure Fund, MDGIF, and Afreximbank, […]

China accuses US of ‘bullying’ in push for tariffs over Russian oil purchases

China opposes Washington’s request that the Group of Seven and NATO countries impose secondary tariffs on Chinese imports over its purchase of Russian oil, China’s commerce ministry said on Monday, calling it “a classic example […]

Akwa Ibom bets on CNG mass transit to drive clean energy transition

*Ibom CNG Mass Transit buses. Mkpoikana Udoma Port Harcourt — Akwa Ibom State has moved to align with Nigeria’s clean energy transition goals by approving the purchase of Ibom CNG Mass Transit buses under its […]

Renaissance, Navy forge security partnership to safeguard oil & gas output

*Renaissance Africa Energy executives and Nigerian Navy leadership at the meeting in Abuja Mkpoikana Udoma Port Harcourt — Renaissance Africa Energy Company Limited has entered into a partnership with the Nigerian Navy to strengthen maritime security […]

Japan cuts price cap on Russian oil to $47.60 in additional sanction

Tokyo has agreed with other G7 countries to phase out Russian oil imports in response to Moscow’s 2022 invasion of Ukraine. However, Japan continues to buy Sakhalin Blend crude, a byproduct of liquefied natural gas […]

IEA cuts 2030 low-emissions hydrogen production outlook by nearly a quarter

About 37 million metric tons per year of the low-carbon fuel is expected to be produced by 2030, down from 49 million a year earlier as developers shelved or delayed plans, the IEA said in […]