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[ 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

News

Over 100 trade groups welcome U.S. Congress’ efforts to reverse Calif. vehicle mandates

The American Petroleum Institute today joined over 100 other trade groups representing a wide range of stakeholders in sending a letter to House and Senate leadership welcoming Congress’ efforts to protect consumers and reverse California’s […]

MOL discovers new oil field in Western Hungary

MOL has discovered a new oil field near Somogysámson in Western Hungary. During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters. According to the results, the […]

Minister to inaugurate 10Mmscf/day CNG facility in Akwa Ibom

*Ekperikpe Ekpo. Mkpoikana Udoma Port Harcourt — The Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, is set to officially break the ground for Nsik Oil and Gas Limited’s 10 million standard […]

Chevron buys about 5% of Hess stock

News wire — Chevron purchased about 4.99% of Hess Corp’s common shares this year, the oil giant said in a regulatory filing on Monday. Chevron said the stock purchase reflects its continuing confidence in completing […]

Baker Hughes, NextDecade enter framework agreement for Rio Grande LNG expansion trains

Baker Hughes and NextDecade Corporation have entered into a framework agreement whereby NextDecade plans to utilize Baker Hughes’ gas turbine and refrigerant compressor technology (Equipment Packages) and enter into contractual services agreements to perform maintenance […]

IPAA commends Trump’s swift action to reverse Biden-era methane regulations

Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman spoke out in support of President Donald Trump’s recent signing of the H.J.Res.35, which through the Congressional Review Act process disapproves of […]

NMDPRA partners NERC to cut gas costs, align policies

*NMDPRA Chief Executive, Engr. Farouk Ahmed, with NERC Chairman, Engr. Sanusi Garba. Mkpoikana Udoma Port Harcourt — In a bid to tackle rising electricity tariffs, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA and […]

Crude oil supported by geopolitical tensions

*Global oil flow. – But economic slowdown limits gains Lagos — Crude oil futures rebounded amid rising tensions in the Middle East. US operations against Yemen’s Houthis could leave traders on edge. The geopolitical risks […]

Achieving collective thinking on the future of oil demand

There has been much talk from analysts and industry leaders of an impending plateau or peak for oil demand by 2035, or even as soon as 2030. During a strategic roundtable at this week’s CERAWeek […]

FERC Chairman talks energy demand, LNG’s crucial role

(WO) – In many of the panels during CERAWeek 2025 by S&P Global—whose event boasted a record-breaking over 10,000 attendees this year—LNG cropped up as an ever-present staple of discussion. In many cases, such as […]