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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

IEA trims 2025 oil demand outlook as China offsets global gains

*Globe immersed in oil depicting global oil demand scenario. London — The International Energy Agency (IEA) kept its 2024 global oil demand growth forecast unchanged on Tuesday but trimmed its 2025 estimate, citing the impact […]

Both oil and gas, renewables needed for successful energy transition, offshore leaders say in windfall tax meeting with UK Treasury minister

(WO) – On Monday, Exchequer Secretary to the Treasury, James Murray MP, co-hosted a Fiscal Forum at Offshore Energies UK’s Aberdeen offices with senior industry leaders. Offshore Energies UK CEO David Whitehouse The […]

Impact Oil & Gas becomes 100% owner of exploration block offshore South Africa near Namibia’s prolific Orange basin

(WO) – Impact Oil & Gas Limited’s wholly-owned subsidiary, Impact Africa Ltd, has entered into an agreement with Silver Wave Energy Pte Ltd to acquire its entire interest (10%) in Area 2 offshore South Africa. […]

PETAN seeks partnership with Aradel to boost oil production

*PETAN, led by the Chairman, Engr. Wole Ogunsanya, paid a courtesy visit to the Chief Executive Officer of Aradel Plc, Mr. Adegbite Falade in Lagos. Oritsegbubemi Omatseyin Lagos — The Petroleum Technology Association of Nigeria, […]

PETAN seeks partnership with Aradel to boost oil production

Atiku sounds warning on Dangote Refinery project

Atiku Abubakar, former VP of Nigeria. Mkpoikana Udoma Port Harcourt — Former Vice President Atiku Abubakar has warned against potential attempts to hinder the progress of the Dangote Refinery Ltd, describing the project as a […]

Granite Ridge Resources acquires onshore oil and gas drilling assets across prolific U.S. basins

(WO) – In a quarterly financial update, Granite Ridge Resources revealed it closed multiple transactions in Q2 2024, adding 16.4 net future drilling locations for $22.4 million (including $5.8 million of expected future drilling carries). […]

Argentina to divest in non-core businesses in Vaca Muerta shale drilling push

(Bloomberg) – Argentina’s state-run oil company, YPF SA, is moving to sell several business units and stakes as a divestment plan aimed at focusing its efforts on heralded shale patch Vaca Muerta gathers steam. […]

‘Nigeria must enforce crude supply for local refiners’

*A view of the Dangote Petroleum refinery is pictured in Ibeju-Lekki, Lagos, Nigeria May 22, 2023. REUTERS/Temilade Adelaja/File Photo. Lagos — The Dangote Oil Refinery has called on Nigeria’s upstream oil regulator to force producers […]

Petrochemical makers battle global glut

*Indorama Eleme Petrochemicals Limited – Asian petrochemical margins slide to losses in 2024– Europe, Asian plant consolidation underway– Asian output cuts limited by refinery ties New Delhi/Seoul — Petrochemical producers in Europe and Asia are […]