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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

Sahara Group advocates increased refining & storage capacity

*Executive Director of Sahara Group, Wale Ajibade. – To boost Africa’s downstream growth Oritsegbubemi Omatseyin Lagos — The Executive Director of Sahara Group, Wale Ajibade, has said that inadequate refining capacity, insufficient storage, and impeded […]

Big Oil finds more to love in deepwater exploration fields

*Offshore rigs in the US Gulf of Mexico. Houston — As Big Oil returns this week to the industry’s annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and […]

UK boosts energy security with 31 new oil and gas licenses

Newswire — The North Sea Transition Authority (NSTA) has announced the allocation of 31 new oil and gas licenses, marking a significant step towards reinforcing energy security in the UK, says Offshore Energies UK (OEUK). […]

KTS Oil & Gas Services Ltd boosts efficiency with ISO 9001

*CEO of KTS Oil & Gas Services Limited, Mr. Tom Otuaga. Port Harcourt — Tom Otuaga, the CEO of KTS Oil & Gas Services, an indigenous oil servicing firm, in this interview with our correspondent […]

Asia’s crude oil imports slip in April, trail OPEC forecasts

Launceston, Australia — Asia’s imports of crude oil slipped slightly in April from March, as increased arrivals in China failed to offset lower purchases elsewhere in the world’s top-importing region. April imports were 26.89 million […]

IOCs offered faster Nigerian exit if they pay for cleanup

*Gbenga Komolafe Abuja/Lagos — International oil companies, IOCs, including Exxon Mobil (XOM.N), and Shell (SHEL.L), that aim to exit Nigeria’s onshore oil can get quicker approval to do so if they take responsibility for spills […]

Shell smashes forecasts with $7.7 billion quarterly profit

*Shell LNG Marketing & Trading – Shell announces further $3.5bn in buybacks– Oil trading boosted by Red Sea diversions and Russia disruption– LNG earnings beat expectations– Shares up 1.7% London — Shell (SHEL.L), opens new […]

‘Nigeria could approve Exxon oil asset sale to Seplat within weeks’

*Gbenga Komolafe Abuja/Lagos — ExxonMobil’s Nigerian petroleum assets sale to Nigeria’s Seplat could be approved in less than two weeks, the country’s oil regulator told Reuters on Thursday.The $1.28 billion sale in Africa’s largest oil […]

TotalEnergies considers moving stock listing to New York

*TotalEnergies headquarters in Paris. (Photographer: Nathan Laine/Bloomberg). London – TotalEnergies SE is increasingly making noise about moving its stock listing to New York, adding to chatter around European giants potentially being attracted by U.S. investors’ […]

Seplat Energy declares US 3 Cents dividend per share for Q1 2024

Oritsegbubemi Omatseyin Lagos — Seplat Energy Plc has announced its unaudited results for the three months ended 31 March 2024, declaring a US 3 Cents dividend per share for the period. For the period under […]