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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

Glencore’s ex-head of oil appears in UK court on bribery charges

*Glencore’s former head of oil Alex Beard looks on at Westminster Magistrates’ Court, after having been charged with bribery offences, in London, Britain, September 10, 2024. REUTERS/Jaimi Joy. London — Glencore’s former head of oil […]

American energy security, oil and gas production in jeopardy following Gulf of Mexico court ruling, API warns

(WO) – The American Petroleum Institute is raising concerns over the recent decision by the U.S. District Court for the District of Maryland to vacate the National Marine Fisheries Services’ (NMFS) Biological Opinion in the […]

NNPC Ltd/Chevron JV concludes conversion of assets into PIA terms

* R-L: GCEO NNPC Ltd, Mr. Mele Kyari and Director, Deepwater and Production Sharing Contract (PSC) of Chevron Nigeria Limited (CNL), Mrs. Michelle Pflueger, sign documents during a ceremony on conversion of the NNPC/CNL JV […]

Eni, SOCAR to expand oil and gas exploration, greenhouse gas emissions reduction in Azerbaijan

(WO) – Eni and Azerbaijan’s state energy company SOCAR have signed three Memorandums of Understanding (MoU) in the areas of energy security, greenhouse gas emissions reduction and the biofuel production chain. Absheron field […]

Transition to cleaner fuels seen dragging on China’s oil demand growth

China’s annual demand growth has slowed from around 500,000-600,000 barrels per day (bpd) in the five years before the COVID-19 pandemic to 200,000 bpd now, said Daan Struyven, head of oil research at Goldman Sachs. […]

Mexico’s richest man Carlos Slim scoops more Talos shares following surprise CEO departure

(Bloomberg) – Carlos Slim, Latin America’s richest person, boosted his stake in U.S. oil and gas producer Talos Energy Inc. this week in the aftermath of a surprise exit by its founder and chief executive […]

Blacklisting oil and gas has proved a bad bet for ESG, hedge fund veteran Kyle Bass says

(Bloomberg) – One of the most contentious investing strategies on Wall Street might be a lot less beleaguered right now if its defenders had shown a bit more moderation from the get-go, according to Kyle […]

CNOOC begins oil production from Wushi 17-2 field offshore China

(WO) – CNOOC Limited announced that the Wushi 17-2 oil field development project has commenced production offshore China. The project is in Beibu Gulf, with an average water depth of approximately 28 m. […]

Nigeria licenses first floating LNG plant for export and domestic use

*UTM Offshore CEO Julius Rone Abuja — Nigeria’s oil regulator on Friday granted UTM Offshore Limited the first license to operate a floating liquefied natural gas plant, to tap flared gas from an ExxonMobil oil […]

NNPC Ltd says not sole buyer of Dangote gasoline

*A view of the newly-commissioned Dangote Petroleum refinery is pictured in Ibeju-Lekki, Lagos, Nigeria May 22, 2023. REUTERS/Temilade Adelaja/File Photo. Lagos — Nigeria’s state-owned oil firm NNPC Ltd said on Saturday it will not be […]