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[ October 1, 2026 ] Ima gas project to add 350MMscfd to Nigeria supply by 2028 News
[ October 1, 2026 ] East African oil pipeline beset by delays News
[ September 30, 2026 ] Shell Nigeria Gas Reaffirms Commitment to Nigeria’s Gas Future News
[ September 30, 2026 ] Navy links oil asset security to higher crude production News
[ September 29, 2026 ] Ekpo presses AMNI, TotalEnergies on timely Ima gas project delivery News

Valero Energy reports first-quarter loss on lower margins, impairment charges

Shares of the company declined 1.6% to $112.62 in early trade. Excluding asset impairment loss, the second-largest U.S. refiner by capacity posted an adjusted profit of 89 cents per share, beating tempered expectations of 42 […]

Matador plans to cut drilling activity, drop one rig by mid-2025

(Bloomberg) — Texas shale-oil company Matador Resources Co. plans to drop one of its nine drilling rigs by the middle of the year in response to plunging crude prices. The move will slice […]

Eni, UK government reach financial close for Liverpool Bay CCS project

Eni has reached financial close with the UK Government’s Department of Energy Security and Net Zero (DESNZ) for the Liverpool Bay CCS project, where Eni is the operator of the CO2 transport and storage system […]

BW Energy discovers substantial oil offshore Gabon appraisal well

*Dussafu acreage, offshore Gabon Lagos — BW Energy announced that its second sidetrack DBM-1 ST2 well has confirmed the substantial oil discovery with good reservoir and fluid quality of the Bourdon prospect in the Dussafu […]

Morocco issues expression of interest for LNG terminal

*Morocco Rabat- Morocco, seeking to diversify its coal-dependent energy sector, took the first step on Wednesday toward locating a liquefied natural gas terminal near the Mediterranean city of Nador. Morocco’s energy industry filed an expression […]

ExxonMobil, Calpine sign CCS agreement for power generation project

ExxonMobil on Wednesday announced an agreement with Calpine Corporation, the nation’s largest producer of electricity from natural gas, to transport and permanently store up to 2 million metric tons per annum (Mmtpa) of […]

Weatherford, AIQ partner to integrate AI-driven systems for oil and gas operators

Weatherford has signed a strategic Memorandum of Understanding (MOU) with AIQ, the Abu Dhabi-based artificial intelligence (AI) company developing innovative solutions for the energy sector. This partnership is set to bring transformative efficiency to energy […]

BW Energy confirms substantial oil discovered at offshore Gabon appraisal well

BW Energy announced that its second sidetrack DBM-1 ST2 well has confirmed the substantial oil discovery with good reservoir and fluid quality of the Bourdon prospect in the Dussafu License offshore Gabon. Management estimates indicate […]

Nigeria automates expatriate permit process to boost efficiency, curb graft

*Interior Minister Olubunmi Tunji-Ojo. Lagos — Nigeria will fully automate its expatriate residence permit process from May 1, a move aimed at significantly speeding up approvals and reducing opportunities for corruption, the Interior Minister Olubunmi […]

Texas upstream employment slips in March, TIPRO reports; Permian output still strong

(WO) — Texas upstream oil and gas employment declined in March as market volatility continues to impact hiring trends, according to a new report from the Texas Independent Producers and Royalty Owners Association (TIPRO). Citing […]