Blog - MyPetroCareer

Cooking gas price surge wipes out minimum wage gains, households struggle

*LPG and cooking gas refilling plant. Mkpoikana Udoma Port Harcourt — Despite a marginal drop in July, the steep year-on-year surge in cooking gas prices continues to pile pressure on Nigerian households, eroding the effect […]

ANPG rewrites the rules for mature fields with incremental production decree

Luanda, Angola — Angola’s upstream regulator – the National Oil, Gas & Biofuels Agency (ANPG) – is revitalizing production across the country’s mature oilfields through the implementation of the Incremental Production Decree. Delivering a presentation […]

Nigeria targets 10Bscf gas production by 2030

Dr. Phillip Mshelbila with Mr. Wale Edun Mkpoikana Udoma Port Harcourt — Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has reaffirmed the country’s ambition to produce 10 billion standard […]

Rivers community, Oando headed for clash over electricity maintenance

*Oando Plc headquarters, Victoria Island, Lagos, Nigeria. Mkpoikana Udoma Port Harcourt — There is growing tension in Omoku, Ogba/Egbema/Ndoni Local Government Area of Rivers State, as residents accuse oil firm Oando Plc of withdrawing from […]

ConocoPhillips to cut up to 25% of workforce in 2025 restructuring

*ConocoPhillips CEO Ryan Lance. Newswire — Oil and natural gas producer ConocoPhillips plans to cut 20% to 25% of its workforce. The majority of the reductions will occur this year, a company spokesman said. ConocoPhillips […]

Libya eyes revival of gas megaproject to tackle power shortages

*Offshore gas platform Newswire – Libya’s state-run energy company is proposing reviving a multibillion-dollar natural gas project to ease electricity shortages, a move that may also be a boon for a rival administration in the […]

Nigeria signs first oil & gas production sharing contract

*Engr. Bashir Bayo Ojulari with Engr Gbenga Komolafe – As NNPCL, partners secure PPL 2000, 2001 Mkpoikana Udoma Port Harcourt — In a historic move set to reshape Nigeria’s upstream oil and gas sector, the […]

Nigeria’s TotalEnergies deal marks shift to gas development

*NNPCL and TotalEnergies. Lagos — Nigeria’s production-sharing contract with TotalEnergies its first guided by a new law designed to boost the OPEC member’s gas production, will serve as a template for future deals, the oil […]

Idle oil blocks face revocation under PIA, NUPRC warns

*Gbenga Komolafe, NUPRC Mkpoikana Udoma Port Harcourt — The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has warned that oil block holders who fail to meet their development obligations risk outright revocation of their licenses, in […]

Cooking gas prices surge by 44% in year

*LPG and cooking gas refilling plant. Mkpoikana Udoma Port Harcourt — The cost of cooking gas has continued its steep climb, as latest data from the National Bureau of Statistics, NBS, shows prices surged by […]