Blog | MyPetroCareer

Troops smash 19 illegal refineries, recover petroleum products in Niger Delta

*Nigeria Army destroys illegal refining sites in Rivers State. Mkpoikana Udoma Port Harcourt — The Nigerian Army has announced a major breakthrough in its ongoing anti-crude oil theft operations across the Niger Delta, with troops […]

OPEC+ discusses making another large output hike in July

*People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. Bengaluru […]

Canada’s new energy chief pushes oil sands to build carbon-capture systems

(Bloomberg) — Canada’s new energy minister said it’s critical to build carbon-capture systems for the oil sands and identified crude and natural gas exports as a major priority for Prime Minister Mark Carney’s government. […]

PH refinery workers gagged as NNPCL shuts down 60,000b/d plant after six months

*A truck loading PMS at the Port Harcourt Refinery. – PETROAN demands strict adherence to 30-day repair timeline Mkpoikana Udoma Port Harcourt — The Port Harcourt Refining Company, PHRC, has commenced the shutdown of its […]

Vermilion to sell assets in Saskatchewan, Manitoba for $415 million cash

Vermilion Energy has entered into a definitive agreement for the sale of its Saskatchewan and Manitoba assets for cash proceeds of $302 million USD ($415 million CAD). Net proceeds from the transaction will […]

News

API, AFPM applaud Senate vote to overturn California gas car ban

American Petroleum Institute (API) President and CEO Mike Sommers and American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson issued the following statement on today’s bipartisan passage in the United States […]

DeepOcean acquires Shelf Subsea to create a global subsea player

Ocean services provider DeepOcean has acquired Shelf Subsea, an independent provider of subsea services with a strong position in the eastern hemisphere. Founded on a robust industrial fit, the acquisition creates a global subsea services […]

TotalEnergies CEO defends company against East Africa abuse allegations

*Patrick Pouyanne, TotalEnergies CEO Paris/London — TotalEnergies chief executive Patrick Pouyanne defended the company’s work on oil projects in East Africa on Friday, after an independent U.N. human rights expert said the French firm should […]

Russia and Bahrain in advanced talks over LNG supply deal, sources say

*LNG vessel London — Russia is in advanced talks with Bahrain over a three-year liquefied natural gas (LNG) agreement under which Moscow would supply the Gulf kingdom with 1.5 million metric tons of the fuel, […]

Are OPEC’s forecasts driving crude oil into a new downtrend?

*Oil prices Lagos — The crude oil market is currently experiencing increasing volatility, reflecting the intense pressure it faces from multiple fronts—ranging from bearish signals in the U.S. market, to potential geopolitical escalation in the […]