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News Ticker
  • [ June 24, 2026 ] FG mobilises EFCC, DSS, police to tackle LPG hoarding, diversion News
  • [ June 24, 2026 ] NUPRC, Defence target 1.8mbpd growth with new oil assets security strategy News
  • [ June 23, 2026 ] Sub-$80 oil tests Nigeria’s deregulation resolve News
  • [ June 23, 2026 ] Nigeria eyes LPG imports to close 165,000MT supply gap News
  • [ June 22, 2026 ] PTDF seeks stronger talent pipeline for oil industry growth News

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News

ExxonMobil actively seeking acquisitions, says CEO

(Bloomberg) – Exxon Mobil Corp. is looking for opportunities to acquire smaller rivals, a year after buying Pioneer Natural Resources Co. for $60 billion, Chief Executive Officer Darren Woods said.  ExxonMobil CEO Darren […]
News

Namibia’s upstream petroleum unit announces regulatory review

– Eyes competitive restructuring Walvis Bay, Namibia — Namibia’s newly formed Upstream Petroleum Unit is currently in the process of conducting a review of the country’s existing regulatory framework with a view to propose policies […]
News

Aradel’s oil & gas production up by 19.7%, 1 5% respectively in 2025 H1

Kunle Kalejaye Leeds, England — Aradel Holding Plc H1 2025 unaudited report shows revenue of ₦368.1 Billion, Up 37.2% and Profit after Tax of ₦146.4 Billion, up 40.2%. The company’s operational highlights shows it’s crude […]
News

Oil majors win $4.2 billion environmental dispute in Kazakh court

(Bloomberg) – Partners in Kazakhstan’s second-largest oil field won a case in a local court over environmental fine that could have exceeded $4 billion, the venture said.  Kazakhstan previously sought to fine the Kashagan oil […]
News

Dangote appoints ex-Shell executive to lead refinery amid expansion drive

*avid Bird, a former Shell executive and ex-CEO of 0Q8 refinery in Oman. Lagos — Nigeria’s Dangote Group has appointed David Bird, a former Shell executive and ex-CEO of 0Q8 refinery in Oman, as chief […]
News

SLB acquires Stimline Digital to streamline well intervention

SLB has acquired Stimline Digital AS, a leading cloud-based software company for the energy sector specializing in well intervention.  Stimline Digital’s IDEX™ platform provides operators with a powerful visualization canvas and collaborative environment […]
News

Exxon, Chevron report record oil production for second quarter

(Bloomberg) – Exxon Mobil Corp. and Chevron Corp. posted better-than-expected results after record oil production cushioned the impact of lower crude prices.  Exxon pumped more oil than it has in any second quarter […]
News

NNPC Ltd. pushes new frontiers with football, finance partnerships

*Musa Gusau, Ahmed Musa Kida with Bayo Ojulari Mkpoikana Udoma Port Harcourt — In a landmark strategic engagement, the Nigerian National Petroleum Company Limited, NNPC Ltd., is set to deepen its drive to unlock new […]
News

Africa’s economy dangerously overexposed to fuel imports — ARDA

Michael Eboh Dublin, Ireland — African Refiners and Distributors Association (ARDA) have warned that Nigeria and the African continent, in general is dangerously overexposed to fuel imports, putting it at risk of shocks with far-reaching […]
News

EnerMech secures cranes contract extension for bp in Trinidad & Tobago

EnerMech has been awarded a two-year contract extension by bp Trinidad & Tobago to continue providing crane operations on the operator’s 12 offshore platforms in the Caribbean country.  bp Trinidad & Tobago Having […]

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Recent News

  • FG mobilises EFCC, DSS, police to tackle LPG hoarding, diversion

    FG mobilises EFCC, DSS, police to tackle LPG hoarding, diversion

    June 24, 2026
  • NUPRC, Defence target 1.8mbpd growth with new oil assets security strategy

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    June 23, 2026
  • PTDF seeks stronger talent pipeline for oil industry growth

    PTDF seeks stronger talent pipeline for oil industry growth

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