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News Ticker
  • [ May 4, 2026 ] Atiku slams Tinubu reforms, says Nigerian workers bear hardship News
  • [ May 3, 2026 ] NMDPRA warns marketers, backs Dangote’s ₦1,820 Jet A1 price News
  • [ May 3, 2026 ] NUPRC moves to boost domestic gas supply with NLNG push News
  • [ May 2, 2026 ] Rivers workers decry pension crisis, demand reforms amid economic hardship News
  • [ May 1, 2026 ] Court halts $150m vessel sale over corporate governance breach News
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PETROAN’s BOT Chairman Obasi Lawson freed after kidnap ordeal

*PETROAN’s BOT Chairman Obasi Lawson. Mkpoikana Udoma Port Harcourt — Chief Obasi Lawson, Chairman of the Board of Trustees of the Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, and CEO of Sobaz Group […]
News

Subsea7 awarded contract for Equinor CCS project, offshore Norway

Subsea 7 S.A. today announced the award of a sizeable1 contract by Equinor as technical service provider (TSP) for the Northern Lights Phase 2 project, offshore Norway. Subsea7’s scope includes engineering, procurement, construction and installation of […]
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Oil prices climb 2% to 5-week high on Russia, Iran supply worries

*Global oil flow. London — Oil prices climbed about 2% to a five-week high on Monday on worries supplies could decline if U.S. President Donald Trump follows through on threats to impose more tariffs on […]
News

Nigeria loses N378bn to gas flaring in two months

*A reflection of two gas flaring furnaces is seen in the pool of oil-smeared water at a flow station in Ughelli, Delta State, Nigeria. Michael Eboh Dublin, Ireland — Nigeria lost $248.4 million, about N377.568 […]
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Latest TIPRO report shows continued growth for Texas upstream employment

Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream […]
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African NOCs advance oil and gas projects through diverse financing strategies

African national oil companies (NOCs) are leveraging innovative financing strategies to advance oil and gas projects, ensuring continued investment despite shifting global energy markets. Through various innovative strategies such as privatization and divestment, bond issuances, […]
News

NLC threatens strike over unpaid salaries, minimum wage delay in Rivers

*Comrade Joe Ajaero, President of the NLC addressing workers at a rally. Mkpoikana Udoma Port Harcourt — The Rivers State chapter of the Nigeria Labour Congress, NLC, has issued a strike threat over the non-payment […]
News

Bayswater E&P closes $600 million sale of DJ Basin assets

Bayswater Exploration and Production (Bayswater), a Denver-based oil and natural gas development company closed the sale of certain Denver Julesburg (DJ) Basin assets to Prairie Operating Co. in a cash and stock transaction valued at […]
News

Judge rules against sale of Gulf of Mexico oil drilling rights

Jennifer A. Dlouhy March 28, 2025 (Bloomberg) – A federal district judge on Thursday ruled against a Biden administration sale of oil and gas drilling rights in the Gulf […]
News

US oil producers face new challenges as top oilfield flags

The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S. to become the world’s top oil producer, stealing market share from the Organization of the […]

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Recent News

  • Atiku slams Tinubu reforms, says Nigerian workers bear hardship

    Atiku slams Tinubu reforms, says Nigerian workers bear hardship

    May 4, 2026
  • NMDPRA warns marketers, backs Dangote’s ₦1,820 Jet A1 price

    NMDPRA warns marketers, backs Dangote’s ₦1,820 Jet A1 price

    May 3, 2026
  • NUPRC moves to boost domestic gas supply with NLNG push

    NUPRC moves to boost domestic gas supply with NLNG push

    May 3, 2026
  • Rivers workers decry pension crisis, demand reforms amid economic hardship

    Rivers workers decry pension crisis, demand reforms amid economic hardship

    May 2, 2026
  • Court halts $150m vessel sale over corporate governance breach

    Court halts $150m vessel sale over corporate governance breach

    May 1, 2026
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