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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

First vessel hit by Yemen’s Houthis in two weeks arrives in Djibouti, manager says

Yemen’s Iran-aligned Houthis said on Sunday that they targeted the Liberia-flagged MV Groton in the Gulf of Aden with ballistic missiles, claiming their first attack on shipping lanes since Israel carried out a retaliatory airstrike […]

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Shell beats Q2 estimates, refocuses on oil and gas on strong upstream performance

(Bloomberg) – Shell Plc reported second-quarter earnings that beat estimates and confirmed another $3.5 billion of share buybacks. Alongside the steady pace of shareholder returns, the company made more progress in strengthening its […]

bp adopts Salunda “Red Zone” safety solutions for North Sea oil and gas assets

(WO) – Salunda, the global leader in digitized solutions for safety critical industries, has secured an agreement to provide bp with its Crew Hawk Red Zone monitoring solution for use across the operator’s North Sea […]

Nigeria complies with oil production commitments, eyes increased output

*A drilling rig operating in Soku, the restive Niger Delta. Mkpoikana Udoma Port Harcourt — The Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri, has announced that the country is in full compliance […]

HOMEF slams IOCs over reckless pollution in Niger Delta

*Dr. Nnimmo Bassey Mkpoikana Udoma Port Harcourt — Renowned environmentalist and Director Health Of Mother Earth Foundation, HOMEF, Dr. Nnimmo Bassey, has condemned the Federal Government and International Oil Companies, IOCs for their role in […]

ExxonMobil exceeds Q2 profits as $63 billion Pioneer Natural Resources deal pushes oil and gas production to “record”

(Bloomberg) – Exxon Mobil Corp. exceeded profit expectations after the $63 billion acquisition of Pioneer Natural Resources Co. pushed oil and gas production to a record. ExxonMobil CEO Darren Woods Exxon earned $2.14 […]

Chevron to relocate from California to Houston, Texas, following “adversarial” regulations

(Bloomberg) – Chevron Corp. is relocating headquarters to Houston, Texas, from California after repeatedly warning that the Golden State’s regulatory regime was making it a tough place to do business. The move announced […]

‘Increased oil and gas production driven by FPSO performance boost’

*Petrobras FPSO P-71 Newswire – Petrobras ended Q2 2024 with an average production of 2.7 MMboed, an increase of 2.4% compared to the same period of the previous year, a company report has revealed.The increase […]

Multiple U.S. shale producers boost 2024 oil and gas production forecasts following unexpected Permian success

(Bloomberg) – Some leading U.S. shale producers are planning to pump more oil this year than originally projected, a sign national supply could exceed the modest growth expectations many companies had pledged. EOG […]