Blog - MyPetroCareer

Oil inches up following biggest annual loss since 2020

*Global oil flow. London — Oil prices edged up on the first ‌day of trade in 2026, after last year ‌posting their biggest annual loss since 2020, as Ukrainian drones targeted Russian oil facilities and […]

US issues fresh sanctions targeting Venezuela’s oil sector

The sanctions mark the latest action in Trump’s pressure campaign against Maduro, which has included a ramped-up U.S. military presence in the region and more than two dozen strikes on vessels allegedly involved in trafficking […]

Oil tankers still arriving in Venezuela despite US blockade, data shows

*Guinean flagged oil tanker MT Bandra, which is under sanctions seen alongside another vessel at el Palito terminal, near Puerto Cabello, Venezuela – Juan Carlos Hernandez, Reuters. Caracas, Venezuela — At least two oil tankers […]

Why Africa’s gas future depends on infrastructure

Cape Town, South Africa — Global LNG supply is set to surge from 2027, driven by new projects and expanded production in the U.S. and Qatar. Bloomberg’s Global LNG Market Outlook 2030 forecasts global […]

Diesel prices ease year-on-year, but monthly uptick signals cost pressure

Port Harcourt — The average retail price of Automotive Gas Oil, AGO, also known as diesel, fell by 2.57 per cent year-on-year to N1,409.61 per litre in November 2025, offering marginal relief to businesses and […]

NAPO petitions EFCC over NLNG Train 7 alleged tax fraud

*NLNG plant in Bonny, Rivers State Mkpoikana Udoma Port Harcourt — The Nigeria Association of Plant Operators, NAPO, has formally escalated allegations of tax deduction and non-remittance fraud linked to the NLNG Train 7 project, petitioning […]

NNPC Limited restores Escravos–Lagos Pipeline to full operations

*Escravos–Lagos Pipeline System (ELPS) in Warri, Delta State. Lagos — NNPC Limited has announced the successful restoration of the Escravos–Lagos Pipeline System (ELPS) in Warri, Delta State. This was contained in a statement released by […]

NNPC targets an industrial boom in the country’s North

*The construction of the Ajaokuta-Kaduna-Kano, AKK, gas pipeline nears completion. – As the AKK gas pipeline nears completion Lagos — After briefing President Bola Tinubu on Sunday, the chief executive of Nigeria’s State Oil Company […]

‘Dangote refinery petrol supply drops below projection’

– Supplied 23.52m litres per day in November Lagos — The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says Dangote refinery’s petrol supply fell below projection in November. NMDPRA announced the development in its […]

Petroleum ministry goes digital, to boosts transparency, policy continuity

*Heineken Lokpobiri Mkpoikana Udoma Port Harcourt — The Ministry of Petroleum Resources has formally transitioned to a fully digitised records and workflow system, a move expected to enhance transparency, efficiency and long-term policy sustainability in […]