Blog - MyPetroCareer

Libya’s NOC announces new oil discovery in Ghadames Basin

*Libya’s National Oil Corporation. Benghazi — Libya’s state-run Oil National Corp (NOC) announced on Tuesday in a statement a new oil discovery in well H1-NC4 by its subsidiary Arabian Gulf Oil Company (AGOCO) in the […]

100 youths begin NCDMB/Renaissance/PETAN Graduate Internship Programme

*Some of the participants at the NCDMB-Renaissance-PETAN Graduate Internship Programme. Oritsegbubemi Omatseyin Lagos — 100 young graduates of diverse academic disciplines have begun a Graduate Internship Programme jointly sponsored by the Nigerian Content Development and […]

FG backs Brass methanol, gas projects to drive industrial growth, job creation

*Stakeholders at the All-Party Workshop on the Brass Gas Projects. Mkpoikana Udoma Port Harcourt — The Federal Government has reaffirmed its commitment to accelerating the Brass Methanol and Gas Processing Projects in Bayelsa State as […]

NNPCL, NUPRC, Minister reject proposed oil & gas decommissioning Bill

– Warn of investor flight Mkpoikana Udoma Port Harcourt — The Ministry of Petroleum Resources, the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, and the Nigerian National Petroleum Company Limited, NNPCL, have jointly opposed the bill […]

News

Mozambique may dispute TotalEnergies proposals on LNG project

The French oil major told Mozambique’s president last week that the Mozambique LNG consortium estimated its costs had risen by $4.5 billion in the four years the project has been on hold because of an […]

Saudi Aramco and Sonatrach cut LPG OSPs for Nov by 3-4%

Saudi Aramco’s November OSP decreased by $20 per metric ton to $475 per ton for propane and by $15 per ton to $460 per ton for butane. Propane and butane are types of LPG with […]

Pakistan awards first offshore oil exploration blocks for decades

*Offshore oil production Karachi — Pakistan said it has awarded 23 offshore exploration blocks to four consortiums led by local energy companies, some partnered with foreign firms including Turkey’s national oil company TPAO. In Pakistan’s […]

Lokpobiri cautions National Assembly over duplication of oil sector laws

*Nigeria’s National Assembly. Mkpoikana Udoma Port Harcourt — Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has urged the National Assembly to halt moves to establish a new National Commission for the Decommissioning […]

TotalEnergies CEO says Mozambique LNG project cost still $20 billion

“I want to be very clear and strong on this point, the budget was around $15.5 billion previously, $4.5 billion is what we’ve spent in these past years. So the total is not $25 billion […]

Tinubu approves 15% import tariff on petrol, diesel to protect local refiners

*Petroleum products import vessel Mkpoikana Udoma Port Harcourt — President Bola Ahmed Tinubu has approved the introduction of a 15 percent ad-valorem import duty on Premium Motor Spirit, PMS, and Automotive Gas Oil (diesel), as […]