Blog - MyPetroCareer

FG to train 100,000 youths annually in forex trading

*Financial markets Oritsegbubemi Omatseyin Lagos — In a bold move to tackle youth unemployment and promote financial inclusion, the Federal Government of Nigeria has signed a strategic Memorandum of Understanding, MoU, with Investonaire Academy to train […]

Viridien launches Sercel Accel, world’s first onshore seismic drop node

Viridien has set a new seismic data acquisition standard with the launch of Sercel Accel, the industry’s first onshore drop node solution. Unveiled at the EAGE Annual Conference and Exhibition in Toulouse, France, […]

ADNOC Gas awards $5 billion in contracts for Rich Gas Development Project

ADNOC Gas has reached final investment decision (FID) and awarded $5 billion in contracts for the first phase of its Rich Gas Development (RGD) Project, marking a key milestone in the company’s largest-ever capital investment. […]

Nigeria commits $50m to Wholesale Impact Investment Fund

Mr. Wale Edun with stakeholders and promoters of the WIIF – To drive job creation Mkpoikana Udoma Port Harcourt — The Nigerian Government has announced a landmark $50 million commitment to the Nigeria Wholesale Impact […]

ADNOC Gas takes FID and awards $5b contracts for RGD project

*A general view of ADNOC headquarters in Abu Dhabi, United Arab Emirates. Dubai — ADNOC Gas Plc and its subsidiaries, a world-class integrated gas processing and sales company, announced on Tuesday it has taken a […]

Bank analysts predict Saudis will wage ‘long but shallow’ oil price war

(Bloomberg) — OPEC+’s oil-output hikes are part of a Saudi strategy that will see the kingdom embark on a long but shallow price war designed to recapture market share, Bank of America Corp.’s head of […]

Baker Hughes sells PSI product line to Crane Company for $1.15 billion

Baker Hughes has reached an agreement to sell its Precision Sensors & Instrumentation (PSI) product line to Crane Company, a diversified manufacturer of engineered industrial products, for a total cash consideration of approximately $1.15 billion. […]

Military busts 27 illegal refineries in Rivers, Bayelsa, others

*Illegal refining dump. Mkpoikana Udoma Port Harcourt — In a sweeping offensive against oil theft and pipeline vandalism, troops of the 6 Division, Nigerian Army, have uncovered 27 illegal refining sites, arrested 43 suspected oil […]

California fuel imports hit 4-year high amid refinery outages

*The Phillips 66 Carson refinery is shown after the company said it will shut its large Los Angeles-area oil refinery late next year, delivering a blow to California’s fuel supply, in Carson, California, U.S., October […]

News

API commends NHTSA action to ensure U.S. consumer vehicle choice

American Petroleum Institute (API) President and CEO Mike Sommers issued the below statement following the National Highway Traffic Safety Administration’s final rule declaring the Biden-era Corporate Average Fuel Economy (CAFE) standards exceeded the […]