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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

U.S. LNG exports dramatically reduce greenhouse gas emissions, study finds

(WO) – Natural Allies for a Clean Energy Future (NACEF) and the Partnership to Address Global Emissions (PAGE) released a comprehensive study on the lifecycle of greenhouse gas emissions (GHG) from U.S. liquefied natural gas […]

Oil rebounds after Hamas leader killed in Iran, but China caps gains

*Hamas leader, Ismail Haniyeh killed in Iran. – U.S. crude stocks fell 4.495 mln bbls last week – API data– OPEC+ likely to stick to output policy at Aug. 1 meeting Bengaluru — Oil prices […]

Increased oil and gas production driven by FPSO performance boost, Petrobras reports

(WO) – 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. The increase was driven by the increase in production […]

ExxonMobil, Shell sell offshore gas fields in mature UK North Sea to Viaro Energy

(Bloomberg) – Viaro Energy Ltd. agreed to buy a number of gas fields in the UK North Sea from Shell Plc and Exxon Mobil Corp., giving the closely held company its first role as an […]

OPEC+ likely to stick to output policy at Aug 1 JMMC meeting

*OPEC+ – Top OPEC+ ministers to meet online on Aug. 1– Brent crude prices have lost about 9% in July– OPEC+ plans to raise output from October Moscow/London — An OPEC+ panel is unlikely this […]

The wrong look for Nigeria

*A drilling rig operating in Soku, the restive Niger Delta. Cape Town, South Africa — There is a crying need for a new level of efficiency, timeliness, and openness in the approval process to give […]

TotalEnergies withdraws from South African offshore blocks after CNRI exit

(WO) — TotalEnergies has announced its withdrawal from offshore Blocks 11B/12B and 5/6/7 off the southern coast of South Africa. This decision follows the exit of partner CNRI from Block 11B/12B, where TotalEnergies EP South […]

Nigerians queue for fuel as NNPC blames operational hitch

*Headquarters of the Nigeria National Petroleum Company Ltd, Central Business District, Garki, Abuja. Lagos — Fuel queues lengthened across major Nigerian cities on Monday after state-oil company Nigerian National Petroleum Corp. faced problems supplying gasoline […]

Vital Energy, NOG expand Delaware Basin footprint with $1.1 billion Point Energy acquisition

(WO) — Vital Energy and Northern Oil and Gas have signed an agreement to acquire Point Energy Partners for $1.1 billion. Vital Energy will purchase 80% of Point’s assets, while NOG will acquire the remaining […]

Oil gains on fears of wider Middle East conflict

*Rocket strike on Israel controlled Golan Heights – After rocket strike in Golan Heights Singapore — Oil prices rose on Monday, paring last week’s loss, on fears of a widening conflict in the Middle East […]