Blog - MyPetroCareer

Refinery shutdowns threaten fuel prices, PETROAN warns ahead of 2027 elections

Mkpoikana Udoma Port Harcourt — The prolonged shutdown of Nigeria’s state-owned refineries in Port Harcourt, Warri and Kaduna could worsen fuel prices, deepen import dependence and become a major political liability ahead of the next […]

Nigeria courts China energy giants as $10bn gas push accelerates

*Ekperikpe Ekpo Mkpoikana Udoma Port Harcourt — Nigeria has intensified its global investment drive in the gas sector, courting major Chinese energy firms as part of President Bola Ahmed Tinubu’s Decade of Gas agenda, with […]

Oil prices hold near five-week high as investors assess impact of events in Iran and Venezuelan

Brent futures rose 8 cents, or 0.1% to $63.42 a barrel, while U.S. West Texas Intermediate crude fell 13 cents, or 0.2%, to $58.99. On Friday, both crude benchmarks closed at their highest levels since […]

Venture Global cuts 2025 profit forecast on volatile LNG prices, transport snags

Volume and pricing were affected by changes in Henry Hub and international LNG prices, as well as limited vessel availability in the Atlantic basin, Venture Global said in a filing with the Securities and Exchange […]

TotalEnergies enters Lebanon block 8 offshore exploration permit

*Lebanon block 8 offshore exploration permit. Paris – TotalEnergies (35%, operator), together with its partners Eni (35%) and QatarEnergy (30%), have signed an agreement with the Lebanese government to enter Block 8 exploration permit offshore […]

Savannah appoints Kehinde Olamide Ogunwumiju as Non-Executive Director

*Kehinde Olamide Ogunwumiju. Kunle Kalejaye Leeds, England — Further to its announcement on 9 October 2025 of the intended appointments of two Nigerians to its board, Savannah Energy PLC, has confirmed the appointment of Kehinde […]

Lebanon to sign gas exploration deal on Friday, cabinet says

*TotalEnergies’ Transocean Barents drilling rig used to explore oil and gas areas off Lebanon’s coast in 2023. A deal surrounding the exploration of Block 9 is expected to be announced on Friday. London — Lebanon […]

A.A. Rano set to launch Nigeria’s first fully automated fuel stations

*A.A. Rano Nigeria Limited petrol station. Mkpoikana Udoma Port Harcourt — Major downstream operator, A.A. Rano Nigeria Limited, owned by oil magnate Alhaji Auwalu Abdullahi Rano, has announced plans to unveiled the country’s first fully […]

Sonatrach-GNPC R&D partnership signals Africa’s Energy future is innovation-led

*Algeria’s state-owned oil company Sonatrach and the Ghana National Petroleum Corporation (GNPC) have signed a Memorandum of Understanding (MoU) under the auspices of the African Petroleum Producers Organization (APPO), in Brazzaville, the Republic of Congo […]

‘Money from sale of Venezuelan oil to be held in US-controlled bank accounts’

*President Donald Trump and President Nicolas Maduro Washington — The U.S. has begun marketing Venezuelan oil and all proceeds from its sale will initially settle in U.S.-controlled accounts at globally recognized banks, the Department of […]