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[ September 27, 2026 ] Over 100 Nigerian flare sites offer new energy opportunity News
[ September 26, 2026 ] President Tinubu hails $800 million Ima Gas FID as Nigeria unlocks five- decade-old gas resource News
[ September 25, 2026 ] Expert demands refinery restart as Nigeria’s fuel prices rise News
[ September 25, 2026 ] $600m Ima gas project targets NLNG Train-7 supply News
[ September 25, 2026 ] PTDF to open Port Harcourt skills centre 15 years later News

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 […]

Qatar signs 15-year LNG supply deal with Kuwait as domestic gas demand rises

(Bloomberg) – Qatar signed a new 15-year deal with Kuwait to supply liquefied natural gas (LNG), it’s second supply contract that will help ease the strain on power plants that have already been forced to […]

Fresh oil spill from SPDC manifold hits Rivers community

*Shell’s facility leaking crude oil in Rumuoduwere community, Elelenwo, Rivers State. Mkpoikana Udoma Port Harcourt — A fresh oil spill from a manifold operated by the Shell Petroleum Development Company of Nigeria Limited, SPDC, has […]

NNPC commences LNG shipment to Japan, China

*LNG shipment. Kunle Kalejaye Leeds, England — The Nigerian National Petroleum Company Limited (NNPC Ltd) has commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on Delivered Ex-Ship (DES) basis. NNPC Ltd […]