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[ June 24, 2026 ] FG mobilises EFCC, DSS, police to tackle LPG hoarding, diversion News
[ June 24, 2026 ] NUPRC, Defence target 1.8mbpd growth with new oil assets security strategy News
[ June 23, 2026 ] Sub-$80 oil tests Nigeria’s deregulation resolve News
[ June 23, 2026 ] Nigeria eyes LPG imports to close 165,000MT supply gap News
[ June 22, 2026 ] PTDF seeks stronger talent pipeline for oil industry growth News

Nigeria to supply gas to proposed $3.5bn petrochemical plant

Lagos — Nigeria took a major step in its quest to earn revenue from its vast gas reserves, signing a deal with joint venture partners to supply gas to a proposed $3.5 billion Brass fertilizer […]

CNX stock hits decade high as options surge on Marcellus, Utica gas outlook

(Bloomberg) — At least one investor is making a big bet that CNX Resources Corp. will keep climbing even as the natural gas producer’s stock reached a 10-year high this week. Options trading […]

North Sea to see increase in gas production with new electric-powered compressor

(WO) – North Sea Midstream Partners (NSMP) has announced the successful start-up of a new onshore electric-drive compressor at its Teesside Gas Processing Plant (TGPP). Delivered in partnership with INEOS and ONE-Dyas U.K. Limited, this […]

Eni attracts funding interest for next floating LNG plant

(WO) — Eni SpA has received substantial interest for its next floating liquefied natural gas project in Mozambique, even as international lenders face growing pressure to reduce exposure to fossil fuels. Luca Vignati, […]

Oil & gas secures $5m as Nigeria’s capital importation hits $2.6bn

*Financial markets. Mkpoikana Udoma Port Harcourt — Nigeria’s capital importation soared to an impressive $2.6 billion in Q2 2024, marking a significant 152.81% increase from $1.03 billion in the same quarter last year. According to […]

Nigeria’s Defence Minister vows to end oil theft in Niger Delta

*Nigeria’s Minister of Defence, Dr. Mohammed Badaru Abubakar Mkpoikana Udoma Port Harcourt — Nigeria’s Minister of Defence, Dr. Mohammed Badaru Abubakar, on Friday vowed to end the menace of illegal oil bunkering, oil theft, and […]

Exxon plans to increase Guyana offshore output by 18,000 bpd

(WO) – ExxonMobil Guyana plans to increase output from its Stabroek block offshore Guyana by 18,000 barrels per day (bpd) once it has completed risk assessments and received approval from local authorities, country manager Alistair […]

Oil heads for weekly climb on potential Mideast supply disruption

London — Oil prices softened on Friday but were set for a second weekly gain as investors weighed the impact of hurricane damage on U.S. demand against any broad supply disruption if Israel attacks Iranian […]

Oil moguls provide crucial funding in Trump campaign’s final stretch

(WO) — Oil executives have emerged as an increasingly important source of funding for Donald Trump, as industry titans open their wallets to bolster the Republican nominee’s campaign for a second term in the White […]

Atiku blasts Tinubu’s ‘haphazard’ fuel subsidy policy amid soaring inflation

Atiku Abubakar, former VP of Nigeria. Mkpoikana Udoma Port Harcourt — Former Vice President Atiku Abubakar has strongly criticized President Bola Tinubu’s fuel subsidy policy, labeling it as “haphazard and disingenuous.” Abubakar in his verified […]