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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

NNPC Ltd, industry players, security agencies unite to curb oil theft

*GCEO of NNPC Ltd., Mr. Mele Kyari and other stakeholders in Port Harcourt on Wednesday. Mkpoikana Udoma Port Harcourt — In a significant move to tackle the menace of crude oil theft and pipeline vandalism […]

133 Alberta wildfires threaten 500,000 bpd of Canadian oil sands production

(Bloomberg) – A flareup of wildfires in Alberta is threatening as much as half a million bpd of oil sands production, with MEG Energy Corp becoming the latest company to evacuate workers. About […]

TechnipFMC secures “large” subsea contract worth up to $1 billion for Katlan project in Mediterranean Sea

(WO) — TechnipFMC has been awarded a large integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Energean for its Katlan offshore development in the Mediterranean Sea. According to an online statement, the contract is […]

Expert hails Nigeria’s $21m metering project

*Personnel of the OPDS inspecting impounded boats suspected of involvement in crude oil theft Mkpoikana Udoma Port Harcourt — An energy expert, Dr. Joseph Obele, has commended the federal government’s approval of a $21 million […]

Tinubu lauds Eni over planned new investment in Nigeria

*President Bola Tinubu, flanked by the Chief Executive Officer of Eni, Mr. Claudio Descalzi, and the Minister of State for Petroleum Resources (Oil) Sen. Heineken Lokpobiri. Mkpoikana Udoma Port Harcourt — President Bola Tinubu has […]

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OPEC+ will stick to oil production hike plan as upcoming meeting, delegates report

Grant Smith, Fiona MacDonald, Salma El Wardany and Ben Bartenstein, Bloomberg July 18, 2024 (Bloomberg) – OPEC+ delegates expect the group’s monitoring session next month to be routine, making […]

BOURBON to reduce vessel emissions with fleet monitoring optimization in Opsealog digitalization partnership

(WO) – Enhanced fleet monitoring and data-driven optimization will be deployed across BOURBON’s global Marine & Logistics fleet of 104 vessels to boost efficiency and reduce greenhouse gas (GHG) emissions, under a new strategic partnership […]

Tinubu seeks partnerships on in-country manufacturing, oil & gas

*President Bola Tinubu hosts the Ambassadors of Portugal, Vietnam and Kuwait, seeks enhanced economic ties. Mkpoikana Udoma Port Harcourt — In a move aimed at boosting Nigeria’s economic growth, President Bola Tinubu on Thursday called […]

Oil prices fall as strong dollar, worries over China weigh on sentiment

*An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. China Daily via REUTERS New York — Oil prices fell on Friday […]

QatarEnergy joins Chevron in “promising” exploration block offshore Suriname

(WO) – QatarEnergy signed an agreement with Chevron to acquire a 20% working interest in a production sharing contract for block 5 offshore Suriname. Block 5 is located offshore Suriname in shallow water […]