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NNPC, partners launch five mini-LNG plants in Ajaokuta

– FG restates commitment to use gas for economic growth and development *Top officials, including the GCEO, NNPC, Mele Kyari, performing the groundbreaking of one of the five mini-LNG plants Oritsegbubemi Omatseyin Lagos — In furtherance […]

Chevron plans to increase Permian production by 10% in 2025, CEO says

(Bloomberg) – Chevron Corp. plans to increase oil production by as much as 10% in the Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth. […]

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Halliburton secures major offshore drilling contract with Petrobras

Halliburton announced a contract award from Petrobras for integrated drilling services across several offshore fields in Brazil, the result of a competitive process. The contract scope includes drilling services for development and exploration wells over […]

Japan weighs Alaska LNG pipeline pledge to win Trump’s favour

*LNG vessel News wire — Japan is considering offering support for a $44 billion gas pipeline in Alaska as it seeks to court U.S. President Donald Trump and forestall potential trade friction, according to three […]

Phillips 66 Q4 profit plunges, shares fall on weak refining margins

With new refining+ capacity coming online and refined product demand faltering in the United States and China, the two largest oil consumers, energy companies worldwide have taken an earnings hit. Weak margins also pushed U.S. […]

Ovintiv closes $2.3 billion acquisition of Montney assets

Ovintiv has closed its previously announced acquisition of certain Montney assets from Paramount Resources Ltd. The acquisition adds approximately 70 thousand barrels of oil equivalent per day (MBOE/d) of production, 900 net 10,000 […]

FET to supply work class ROV to global maritime organization

The Forum Energy Technology (FET) Subsea product line has secured a contract to provide a work class remotely operated vehicle (ROV) system and a Dynacon Launch and Recovery System (LARS) to ACSM, the Spanish-headquartered global […]

NCDMB to partner Nigerian Academy of Science on R&D

Oritsegbubemi Omatseyin Lagos — The Nigerian Content Development and Monitoring Board, NCDMB, has pledged to partner with the Nigerian Academy of Science, NAS, on research and development. The Board made the pledge at the official […]

Aker BP selects Aucotec to drive operational efficiency in Yggdrasil

Aker BP has selected Aucotec as one of its’ partners in the digital infrastructure of the Yggdrasil development in the Norwegian North Sea. At the core of this decision is Engineering Base, a proven cooperation […]

TotalEnergies and CAF extend, deepen partnership for a further four years

*Chairman and CEO of Totalenergies, Patrick Pouyanne, and CAF President, Patrice Motsepe Oritsegbubemi Omatseyin Lagos — A day after the TotalEnergies CAF Africa Cup of Nations Morocco 2025 Final Draw, Patrick Pouyanné, Chairman and CEO of […]