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News Ticker
  • [ June 25, 2025 ] Trump administration weighed range of options for oil supply disruptions News
  • [ June 24, 2025 ] Oil prices drop nearly 6% as Israel-Iran ceasefire reduces Middle East supply risk News
  • [ June 24, 2025 ] Edun meets downstream leaders to deepen energy reforms & drive investment in CNG News
  • [ June 24, 2025 ] OEG, VGE strengthen Qatar partnership with new agreement News
  • [ June 24, 2025 ] Petro-Victory begins drilling campaign in Potiguar basin, Brazil News
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Lokpobiri cautions downstream petroleum operators against sharp practices

*The Minister of State for Petroleum Resources (Oil) Sen. Heineken Lokpobiri, and members of MEMAN. Mkpoikana Udoma Port – Harcourt — The Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri, has cautioned stakeholders […]

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Minister commends NOSDRA’s effort in addressing oil spillage

*Minister of Environment, Alhaji Balarabe Abbas Lawal. Oritsegbubemi Omatseyin Lagos — The Minister of Environment, Alhaji Balarabe Abbas Lawal, has commended the National Oil Spill Detection and Response Agency, NOSDRA, for its relentless commitment and […]

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Navy destroys 19 illegal refineries, recovers 1,277 barrels of oil

Illegal crude oil refining activities in the Niger Delta. Mkpoikana Udoma Port Harcourt — The Nigerian Navy says it has deactivated 19 illegal refineries and recovered 1,277.9 barrels of crude oil, in one week between […]

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OPEC+ to decide on extending oil production cuts into Q2 2024 in March

*The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC’s headquarters in Vienna, Austria April 9, 2020. REUTERS/Leonhard Foeger Vienna – OPEC+ nations plan to decide in early March […]

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NNPC Ltd, others partner on greenhouse gas reduction within OML34

*OML 34 facility. Mkpoikana Udoma Port Harcourt — The Nigerian National Petroleum Company Limited says it is working with the US Department of State’s Bureau of Energy Resources under the Energy and Mineral Governance Program, […]

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NCDMB parleys Chevron, recommits to fast-track approval of oil industry projects

Oritsegbubemi Omatseyin Lagos — The Nigerian Content Development and Monitoring Board, NCDMB,  has restated its commitment to accelerated approvals of requests and documents submitted by operating oil and gas companies for its approval. The goal is to […]

News

Tinubu, Atiku trade words over fuel subsidy, economic hardship

*Fuel dispenser nozzle. Mkpoikana Udoma Port Harcourt — Former Vice President Atiku Abubakar and President Bola Tinubu, have engaged in war of words over the biting economic hardship in the country, orchestrated by fuel subsidy […]

News

Indorama Petrochemicals dismisses allegation of abandoning injured worker

*Indorama Eleme Petrochemicals Limited Mkpoikana Udoma Port Harcourt — Indorama Eleme Petrochemicals Limited has dismissed the allegations of abandoning a contract worker, David Depreye, after suffering a workplace accident in December 2020. This is as […]

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Investors withdraw Exxon climate proposal after court complaint

News wire — Activist shareholder group Follow This said on Friday it has withdrawn a climate resolution against Exxon Mobil after the oil giant sought to block the move through a Texas court. Exxon’s unusual […]

News

BP names Thomson as permanent CFO, wrapping up management revamp

News wire — BP on Friday named Kate Thomson as its permanent chief financial officer with immediate effect, completing a leadership reshuffle following Bernard Looney’s abrupt resignation as CEO in September. Thomson was appointed interim […]

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    Petro-Victory begins drilling campaign in Potiguar basin, Brazil

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