Blog - MyPetroCareer

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 […]

Nigeria signs deepwater oil contract with TotalEnergies

Nigeria, Africa’s largest oil producer, is seeking to revitalize its upstream sector amid global energy transition pressures and declining investment in fossil fuels. The deal covers petroleum prospecting licences 2000 and 2001, awarded during the […]

Nigeria’s gas output climbs to 7.59Bscf/d as flaring drops to three-year low

*Gas pipeline infrastructure. Mkpoikana Udoma Port Harcourt — Nigeria’s gas sector has recorded a major breakthrough as daily production rose to 7.59 billion standard cubic feet in July 2025, while gas flaring fell to its […]

Nigeria grows gas output by 4.72% in one month

*NLNG-Train-7 Michael Eboh Dublin, Ireland — Nigeria’s gas output grew by 4.72 per cent to 194.179 billion standard cubic feet (SCF) in July 2025, compared with 185.432 billion SCF (BSCF) recorded in the previous month, […]

Nigeria oil, gas sector record $0.12m foreign investment inflow

Michael Eboh Dublin, Ireland — Foreign capital inflow into the Nigerian oil and gas industry stood at $120,000 ($0.12 million) in the first quarter of 2025, unchanged from the same amount recorded in the fourth […]

Kazakhstan plans to invest chunk of oil wealth into AI infrastructure

(Bloomberg) – Kazakhstan is preparing to channel some of its national wealth into artificial intelligence infrastructure, joining a global rush where venture capital firms and energy-rich states are betting billions on the sector despite volatility […]

Texas regulator applauds report of 50% reduction in methane intensity

Texas Railroad Commission Chairman Wayne Christian Texas Railroad Commission Chairman Wayne Christian on Friday praised a new report showing that operators in the Permian basin have reduced methane intensity by 50 percent since […]