Blog - MyPetroCareer

Kazakhstan says it has no plans to cut oil production this month

(Bloomberg) — Kazakhstan, which has created tensions within OPEC+ by consistently breaching its production limit, has no plans to cut oil output in May, the country’s Energy Ministry said. Central Asia’s largest oil […]

US oil and gas rig count falls to lowest since January

*US weekly offshore rig count. Houston — U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes (BKR.O), opens new […]

Thailand bids to join Alaska gas project before tariff talks

(Bloomberg) – Thailand said it’s interested in co-developing a massive gas pipeline project in Alaska backed by President Donald Trump, as the Southeast Asian nation explores ways to cut its $46 billion trade surplus with […]

Oman considering $8 billion sale of natural gas assets, sources say

(Bloomberg) – Oman is looking to sell a stake in natural gas assets valued at about $8 billion, according to people familiar with the plan, as the sultanate seeks to raise cash to shore up […]

ConocoPhillips cuts spending forecast amid lower oil prices

ConocoPhillips CEO Ryan Lance (Bloomberg) — ConocoPhillips became the latest U.S. oil explorer to cut spending after a drop in crude prices below $60 a barrel this year. The Houston-based oil giant cut […]

Jobs held steady in April amid broad economic shifts, says Energy Workforce

The Energy Workforce & Technology Council has released its April 2025 jobs report, indicating a steady employment trend in the energy services sector despite broader market transitions and ongoing global trade uncertainty. Total […]

Crude oil rebound reflects optimism over the U.S.-China dialogue

*Global oil flow. Lagos — The crude oil market experienced a notable price increase, driven by renewed optimism surrounding the upcoming trade negotiations between the United States and China. This surge led to a rebound […]

Stakeholders hail PINL’s achievements in protecting TNP

*Stakeholders at the appraisal meeting organized by PINL in Port Harcourt on Thursday. Mkpoikana Udoma Port Harcourt — Stakeholders in the Niger Delta have commended Pipeline Infrastructure Nigeria Limited, PINL, for its strategic role in […]

Dräger Marine & Offshore wins five-year contract with UK North Sea operator

Dräger Marine & Offshore (DMO), a global leader in the field of safety technology, has secured a long-term deal with a major North Sea oil and gas operator. Due to run for five-years, […]

Crude prices volatile amid trade talks optimism and output concerns

*Crude oil prices climb. Lagos — Crude oil prices were recording some volatility and rebounded to a certain extent, supported by optimism ahead of U.S.-China trade talks. The announcement that U.S. Treasury Secretary Scott Bessent […]