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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

Zephyr Energy begins well production tests from Paradox basin project in Utah with encouraging results

(WO) – Zephyr Energy plc announced the commencement of the well production test on the State 36-2R LNW-CC well at the company’s flagship project in the Paradox basin, Utah. The well is currrently […]

Devon Energy becomes 10th largest Williston producer with $5 billion Grayson Mill deal, Enverus reports

(WO) – Striking its first big acquisition of the current consolidation cycle, Devon Energy is acquiring EnCap Investments’ Grayson Mill Energy for $5 billion in cash and stock. The deal continues a trend of buyers […]

NNPC seeks new oil-backed loan to boost finances

The Nigerian National Petroleum Corporation (NNPC), in which the government is the main stakeholder, aims to raise at least $2 billion, two sources familiar with the situation said. Its debts to gasoline suppliers have doubled […]

ReconAfrica & NAMCOR spud groundbreaking exploration well in Namibia

*The Damara Fold Belt on Petroleum Exploration License (PEL) 73 onshore Namibia Johannesburg, South Africa — Canadian oil and gas company Reconnaissance Energy Africa (ReconAfrica) and the National Petroleum Corporation of Namibia (NAMCOR) have spud […]

ReconAfrica begins drilling highly-anticipated Naingopo oil and gas exploration well onshore Namibia

(WO) – Reconnaissance Energy Africa Ltd. and its joint venture partner NAMCOR (the state oil company of Namibia), announced the spudding of the Naingopo exploration well on Petroleum Exploration Licence 73 (“PEL 73”), onshore northeast […]

Eni makes oil and gas discovery offshore Mexico in emerging Sureste basin hub

(WO) – Eni has made a new discovery on the Yopaat-1 EXP exploration well in Block 9, approximately 63 km off the coast in the mid-deep water of the Cuenca Salina in the Sureste basin […]

Shell, BP, TotalEnergies, join ADNOC’s $5.5bn Ruwais LNG project

*Ruwais LNG project Newswire – Four international companies have agreed to invest in Abu Dhabi National Oil Co.’s (ADNOC) next liquefied natural gas (LNG) export project, according to people with knowledge of the matter. Shell […]

Oil slips as Gaza talks ease supply worries; Hurricane Beryl in focus

Gaza ceasefire – Big Texas oil, gas ports shut on Sunday amid hurricane worries– Iranian voters pick moderate Masoud Pezeshkian as president– French election to leave parliament divided Singapore — Oil prices slid on Monday […]

Mexico’s richest man Carlos Slim to invest $1.2 billion in Lakach deepwater field in Gulf of Mexico

(Bloomberg) – A company controlled by Mexico’s richest person, Carlos Slim, is investing $1.2 billion to develop a vast field in the Gulf of Mexico that is expected to produce gas around 2026, a potential […]

TotalEnergies to deploy Shelf Drilling Winner jack-up rig for work offshore Denmark

(WO) – Shelf Drilling announced that a subsidiary of Shelf Drilling (North Sea) (“SDNS”) has secured a new 17-month contract for the Shelf Drilling Winner jack-up rig with TotalEnergies EP Denmark. Shelf Drilling […]