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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

COP29 host Azerbaijan sees natural gas demand rising despite “phase-out” plans

(Bloomberg) – Months after UN-led climate talks, the demand for natural gas from the host of this year’s COP29 is growing in Europe and elsewhere. Shah Deniz platform (Source: bp) Azerbaijan, which has […]

‘Ugandan anti-oil pipeline activist detained’

*East African Crude Oil Pipeline Kampala — A Ugandan activist campaigning to stop the development of a $5 billion crude oil pipeline in east Africa by France’s TotalEnergies and others has been detained by Uganda’s […]

OPEC+ ministers reject bearish reaction to “gradual” oil production increase plans

*OPEC+ barrel stock Newswire – OPEC+ ministers rejected oil’s bearish reaction to its decision to gradually boost crude production from October and predicted the market will eventually see that the group’s policy is correct. The […]

Benin-Niger spat deepens with arrests at crude pipeline terminal

*Niger-Benin crude oil pipeline terminal. Cotonou/Niamey — A prosecutor in Benin said authorities had detained on Wednesday five Niger nationals for allegedly entering Benin’s Seme-Kpodji pipeline terminal under false pretences, deepening a dispute over exports […]

TechnipFMC, Sulzer Flow Equipment collaborate on subsea CO2 pump solutions for Petrobras FPSO

(WO) – Sulzer Flow Equipment has been selected by TechnipFMC to collaborate in developing new subsea CO2 pump solutions for new technologies. Following the staged development and validation of a prototype, the pump […]

Nigeria could spend N5.4trn on fuel subsidies in 2024

*Fuel dispenser nozzle. Abuja — Nigeria will likely spend 5.4 trillion naira ($3.7 billion) in 2024 – 50% more than in 2023 – to keep petrol prices fixed, while borrowing an extra 6.6 trillion naira […]

Emerson to deploy completion monitoring systems for Equinor’s Rosebank oil and gas field offshore UK

(WO) – Norwegian energy producer Equinor has chosen Emerson to provide advanced well completion monitoring systems for its Rosebank oil and gas field development offshore the UK. Photo Caption: The Petrojarl Knarr Floating […]

Oil up on Fed rate cut expectations, but OPEC+ supply decision caps gains

*The logo of the Organisation of the Petroleum Exporting Countries (OPEC) sits outside its headquarters ahead of the OPEC and NON-OPEC meeting, Austria. REUTERS/Leonhard Foeger. Singapore — Oil prices rose for a second consecutive session […]

Seatrium secures deepwater contract for bp’s Kaskida project in U.S. Gulf of Mexico

(WO) – Seatrium Limited has been awarded a Letter of Intent (LOI) by bp Exploration & Production Inc. (bp) to carry out early engineering works for engineering, procurement, construction and commissioning work for bp’s Kaskida […]

Eco Atlantic Oil & Gas farms into Block 1 in prolific Orange basin

*Offshore Namibia Newswire — Eco (Atlantic) Oil & Gas Ltd. announced a Farm-In into Block 1 offshore South Africa in Namibia’s Orange basin. Through its 100% owned subsidiary Azinam South Africa Limited, the company will […]