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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

Half of energy organizations plan to integrate AI into operations, new DNV report shows

(WO) – Nearly half of senior energy professionals plan to integrate Artificial Intelligence (AI)-driven applications into their operations in the coming year, according to a new report from DNV, the independent energy expert and assurance […]

Shell to leverage Akselos structural management software across critical assets

(WO) – Akselos announced a strategic enterprise agreement with SHELL INFORMATION TECHNOLOGY INTERNATIONAL B.V. Thomas Leurent, CEO of Akselos The new agreement between Akselos and Shell will extend successful projects with Shell Pearl […]

Shell to leverage Akselos structural management software across critical assets

Aradel acquires Olo and Olo West marginal fields

*Nigeria’s marginal fields acreage. Oritsegbubemi Omatseyin Lagos — Aradel Holdings Plc, through its subsidiary, Aradel Energy Limited, has signed a sale and purchase agreement to acquire the 100% interest in the Olo and Olo West […]

Oil retreats as demand concerns offset Libya supply risks

*World oil outlook. London — Oil prices fell more than 1% on Wednesday on persistent concern over Chinese demand and elevated risks of a broader slowdown, though the decline was capped by potential supply losses […]

Nigerian economic expansion accelerates on higher oil production

*Ongoing revamp at one of Nigeria’s refineries. Newswire – Nigeria’s economy grew at a faster pace in the second quarter, helped by higher crude production that offset the impact of the naira’s devaluation on non-oil […]

OPITO collaborates with UK offshore oil and gas industry to increase helicopter safety

(WO) – OPITO has launched a new standard to ensure increased competency and safety around helideck activity, benefiting the global offshore workforce reliant on safe transfers to energy installations in an open sea environment. […]

Production shutdown from Libya’s El-Feel oil field to escalate financial crisis, UN warns

(Bloomberg) – Libyan oil production dropped as authorities in the OPEC member’s east enforced a shutdown, escalating a crisis the United Nations warned runs the risk of collapsing the economy. Production at the […]

Oil prices fall 2% on economic worries, technical decline

*Global oil flow. New York — Oil prices fell about 2% on Tuesday on worries that slower economic growth in the U.S. and China could reduce demand for energy, especially after prices surged over 7% […]

News

PetroChina posts record interim profit, but fuel sales decline

Net income was 88.61 billion yuan ($12.44 billion) and total revenue was up 5% at 1.554 trillion yuan during the period, according to a filing with the Hong Kong Stock Exchange. China’s leading refiner Sinopec […]