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Seplat Energy commits to leading Nigeria’s indigenous gas revolution

Oritsegbubemi Omatseyin Lagos — Seplat Energy, has reiterated its commitment to leading Nigeria’s indigenous gas revolution, with a strong belief in energy for all, powered by gas, guided by sustainability and driven by Nigerian expertise. […]

Mexico’s Pemex plans to export less crude oil as new refinery starts up, official says

Once the country’s newest refinery is fully operational and able to process 340,000 barrels per day (bpd), it will receive about 100,000 bpd of crude oil, Margarita Perez, the head of PMI, said at an […]

Höegh Evi signs 10-year FSRU charter with Egypt’s EGAS

Höegh Evi has signed a 10-year time charter agreement with Egyptian Natural Gas Holding Company (EGAS) for the deployment of Hoegh Gandria as a floating storage and regasification unit (FSRU) in Egypt. The […]

Troops uncover 15km oil theft pipeline in Rivers state

*Army troops record success in Niger Delta operations. Mkpoikana Udoma Port Harcourt — The Nigerian Army has uncovered a 15-kilometre hose connected to an illegal crude oil loading point in the Orashi Game Reserve/Okolomade area […]

TWMA secures major contract with bp in the UK North Sea

Drilling waste management specialist, TWMA*, has been awarded a contract with bp to provide drilling waste management services in the UK North Sea. This agreement reinforces TWMA’s position as a trusted provider of innovative solutions […]

ADNOC Drilling CFO sees $500 million of acquisitions this year

(Bloomberg) – The drilling unit of the United Arab Emirates’ biggest oil company expects to make three acquisitions in the second half of this year totaling about $500 million, as it expands in […]

OPEC April oil output edges lower despite plans for hike, survey finds

*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. London […]

Oil rises as focus shifts to U.S., China trade talks after UK deal

(Bloomberg) – Oil rose as algorithmic traders fled short positions amid renewed optimism about trade talks between the U.S. and China this weekend. West Texas Intermediate climbed 1.9% to settle near $61 a barrel, the […]

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 […]