Blog - MyPetroCareer

Nigeria targets lower cooking gas prices with new 40,000mt LPG vessel

*Rt. Hon. Ekperikpe Ekpo, NNPC and Sahara Energy Group officials at the naming of the LPG, vessel, MT Iyaloja (Lagos), in South Korea. Mkpoikana Udoma, Port Harcourt — In a major push to make cooking gas […]

Crude oil price increase by 9.60% in June 2025

*Global oil flow. Lagos — According to the Organisation of Petroleum Exporting Countries’ (OPEC) monthly report released in July 2025, the OPEC Reference Basket (ORB) value increased significantly by $6.11 (9.60%), rising from $63.62 per […]

ProFrac, Seismos launch Closed Loop Fracturing across all U.S. basins

ProFrac and Seismos have entered a strategic partnership for the launch of Closed Loop Fracturing, now available across all major U.S. basins. The collaboration marks the first large-scale deployment of an extensively operator-validated, […]

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ExxonMobil, Cerebre collaborate to advance Exxon’s Foundational Digital Backbone

ExxonMobil has signed a long-term agreement with Cerebre to accelerate and sustain ExxonMobil’s Foundational Digital Backbone. This strategic collaboration underscores ExxonMobil’s commitment to data and innovation targeted at driving enterprise operational efficiency. About […]

FG, APRI collaborates on methane mitigation & reduction in oil and gas sector

*Minister of Environment, Alhaji Balarabe Abbas Lawal. Oritsegbubemi Omatseyin Lagos — The Federal Ministry of Environment in collaboration with the Africa Policy Research Institute, APRI, has convened a stakeholders’ engagement on mitigating methane emissions, recognizing […]

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Indonesia’s MedcoEnergi hits 2025 emissions reduction goals ahead of target

MedcoEnergi has recorded a reduction of more than 1.5 million tons of Scope 1 and 2 greenhouse gas (GHG) emissions compared to its 2019 baseline. This amount surpasses the company’s 2025 target of 1.08 million […]

Global recoverable oil has risen by 5 billion bbls despite 2024 production growth

Rystad Energy’s latest research shows the global amount of discovered, recoverable oil resources has increased by 5 billion barrels (bbls) over the past year, even though 30 billion bbls were produced globally in 2024. This […]

Ojulari backs NLNG growth, sustainability drive on Bonny Island visit

*L-R: Dr. Emeka Vitalis, Perm. Sec., Ministry of Petroleum Resources; Engr. Bayo Ojulari, NNPCL’s GCEO; and Philip Mshelbila, NLNG’s MD/CEO, during a visit to the NLNG Plant in Bonny Island, Rivers State. Mkpoikana Udoma Port […]

‘Nigeria’s oil & gas industry better positioned than five years ago’

*Chairman of the Board of Director for Renaissance Africa Energy Company Limited, Dr. Layi Fatona, with Chairman & Managing Director, Chevron Nigeria Limited, Mr. Jim Swartz, during the 50th anniversary conference of the Nigerian Association […]

Texas upstream employment down in July while job postings rise, report says

Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) have highlighted new employment figures showing a decrease in upstream […]