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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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Asian spot LNG prices at nearly 6-month low on muted Chinese demand

The average LNG price for May delivery into north-east Asia was at $13.00 per million British thermal units (mmBtu), the lowest level since Oct. 11, 2024 and down from $13.60/mmBtu last week, industry sources estimated. […]
News

US gas players refocus on Haynesville basin, buoyed by Trump LNG plans

Gas prices are rising as LNG producers in the United States, already the world’s largest LNG exporter, bring new projects online in Texas and Louisiana. U.S. gas demand is expected to hit record highs in […]
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Woodside to divest Trinidad and Tobago assets to Perenco for $206 million

Woodside has entered into an agreement with Perenco to divest its Greater Angostura assets in Trinidad and Tobago for $206 million. The divestment is inclusive of Woodside’s interest in the shallow water Angostura and Ruby […]
News

RRC Commissioners asses more than $1.8 million in oil and gas penalties

The Railroad Commission of Texas assessed $1,888,364 in enforcement docket fines against operators and businesses at the Commissioners’ open meeting on Wednesday.  The Commission has primary oversight and enforcement of the state’s oil […]
News

Nigeria’s gas output to remain flat in Second Quarter

*ANOH Gas plant Sam Ikeotuonye Lagos – Nigeria’s gas production will likely remain flat in the second quarter of this year, the Society of Energy Editors, SEE, has projected in its Second Quarter 2025 Outlook […]
News

Did NNPC Ltd run Port Harcourt refinery non-stop for 180days?

*Port Harcourt Refinery. Mkpoikana Udoma Port Harcourt — Claims by the Petroleum Products Retail Outlets Association of Nigeria, PETROAN, that the Nigerian National Petroleum Company Limited, NNPC Ltd, has operated the Port Harcourt Refinery non-stop […]
News

Texas sets new oil and gas production records in 2024

The RRC’s long history of common sense, science-based regulation of the oil and gas industry has safeguarded Texas communities and the environment while also fostering responsible production benefitting the state economy and America’s […]
News

Deepwater Development conference highlights renewed interest in that sector

World Oil’s Deepwater Development Conference (MCEDD) got underway on March 25 in Madrid, Spain, and has been thriving this week. There is no mistaking the renewed, growing interest in deepwater projects, and the attendance and […]
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US tariffs impact oil demand expectations, adding to market uncertainty

Lagos — The crude oil market recorded some uncertainty after a rebound and could see growing volatility and pullback risks. Concerns over tighter global supply could continue to provide support, driven by US tariff threats […]
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News

TotalEnergies publishes Sustainability & Climate 2025 Progress Report

– Strengthens its emissions reduction targets Paris – TotalEnergies publishes today its Sustainability & Climate – 2025 Progress Report, which presents the progress of its transition strategy. This report completes the sustainability report that will […]

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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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