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[ 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

TotalEnergies buys 25% stake in Suriname’s Block 53

(WO) — TotalEnergies has agreed to acquire the 25 % interest held by Moeve (formerly CEPSA) in Block 53 offshore Suriname, expanding its position in a basin the company already operates. The transaction aligns TotalEnergies […]

NCDMB commends Heritage Energy on NOGICD Act implementation, reiterates commitment to HCD

*Felix Omatsola Ogbe, Executive Secretary, NCDMB Oritsegbubemi Omatseyin Lagos — The Executive Secretary of the Nigerian Content Development and Monitoring Board, NCDMB, Engr. Felix Omatsola Ogbe, has commended Heritage Energy Operational Services Limited, HEOSL, for […]

U.S. shale producers unlikely to boost drilling despite Trump’s call

(Bloomberg) — U.S. shale oil producers are unlikely to heed President Donald Trump’s latest call to “Drill, Baby, Drill” as they prioritize hedging over ramping up production in response to U.S. military strikes on Iran. […]

Tariff crisis stalls Nigeria’s gas-to-power expansion

The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo (right), and the Minister of Finance, Mr. Wale Edun, at the meeting with the leadership of NNPC Ltd in Abuja Mkpoikana Udoma Port Harcourt — Plans […]

Equinor, partners greenlight $2 billion investment in North Sea oil and gas project

Equinor and its Fram partners will invest more than $2 billion (NOK 21 billion) in a new subsea development. The plan for development and operation was today submitted to the Minister of Energy, Terje Aasland. […]

Shell denies WSJ report speculating bp takeover talks

Newswire — Shell Plc denied a Wall Street Journal report that it is in active talks about acquiring its London-based oil rival bp Plc. “This is further market speculation. No talks are taking place,” a […]

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Enverus unveils annual ranking of top 100 private U.S. oil and gas producers

Enverus has released its annual list of the most prolific 100 private oil and gas producers in the U.S. based on gross operated production, well count and rig movements across last year. Continental Resources remains […]

Nigeria backs TotalEnergies on dormant assets, oil production boost

Port Harcourt — The Federal Government of Nigeria has reaffirmed its commitment to unlocking inactive and untapped oil and gas assets as part of renewed efforts to ramp up national crude production, with a strong […]

Israel orders reopening of largest gas field after ceasefire

(Bloomberg) — Israel ordered the resumption of production at its biggest natural gas field following a truce in hostilities with Iran, setting the stage for higher exports to Egypt. The Chevron-operated Leviathan field was ordered […]

Trump administration weighed range of options for oil supply disruptions

Jennifer A. Dlouhy, Bloomberg June 24, 2025 (Bloomberg) – Trump administration officials considered a range of options in case of a major oil supply disruption in the Middle […]

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