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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

NNPC Ltd/TotalEnergies’ $550m Ubeta upstream gas project takes off

*Special Adviser to the President on Energy, Olu Verheijen with participants at the US-Nigeria Energy Dialogue in Washington. Mkpoikana Udoma Port Harcourt — The $550 million upstream gas project between the NNPC Ltd. and TotalEnergies […]

SLB accelerates digital transformation with Lumi data and AI platform launch

(WO) — Global energy technology company SLB launched the Lumi data and AI platform, which integrates advanced artificial intelligence (AI) capabilities—including generative AI—with workflows across the energy value chain. The open, secure and […]

Oil prices steady as US output concerns counter tepid Chinese demand

*Global oil flow. – Weak August data fuels China demand worries– Odds of 50 bps US rate cut this week at 69%– More than 12% of crude production in the U.S. Gulf of Mexico remained […]

Chevron to deploy MOL’s Wind Challenger propulsion system on “world first” new-build LNG vessel

(WO) – Chevron Shipping Company LLC (Chevron), a subsidiary of Chevron U.S.A. Inc., and Mitsui O.S.K. Lines, Ltd. (MOL) announced an agreement to install Wind Challenger, a hard sail wind-assisted ship propulsion system developed by […]

Deepwater oil rigs may fetch $600,000 a day as offshore drilling demand expands, Noble CEO predicts

(Bloomberg) – The price to rent a deepwater drilling rig may climb to near record levels if demand from oil companies continues to increase in the coming years, according to the head of the world’s […]

Dangote disagrees with NNPC on price of its petrol

*Fuel dispenser pump Mkpoikana Udoma Port Harcourt — The Dangote Refinery Limited and the Nigerian National Petroleum Company Limited, NNPC, have again clashed over the offtake price of the Premium Motor Spirit, PMS, commonly known […]

PMS sells at N950.22 in Lagos, N999.22 in Sokoto, N980.22 in Rivers

Kunle Kalejaye Leeds, England — The Nigeria National Petroleum Corporation Limited, NNPCL has released estimated prices of Premium Motor Spirit (PMS), also known as Petrol obtained from the Dangote Refinery […]

Saipem secures significant $4 billion EPC contract offshore Qatar for North Field expansion

(WO) – Saipem has been awarded an offshore EPC contract by QatarEnergy LNG for the Combined COMP3A & COMP3B of the North Field Production Sustainability Offshore Compression Program. The program aims at sustaining […]

Transocean secures $232 million drillship contract with bp

(WO) — Transocean Ltd. has secured a $232 million contract with bp for its Deepwater Atlas drillship in the U.S. Gulf of Mexico. The 365-day contract, which includes an option for an additional 365 days, is […]