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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

Ukraine says Russian oil refineries are legitimate targets

*Russia oil production Kyiv — A Ukrainian deputy prime minister said on Friday Russian oil refineries were legitimate targets for its forces, after a media report said the United States, a close ally, had asked […]

Oil eases on possible Gaza ceasefire, dollar strength

*Oil tankers are anchored at Basra harbour, 550 kms (340 miles) south of Baghdad. Iraqi Oil Minister Hussein al-Shahristani announced the construction of four new water platforms to ease the export of oil and increase […]

CNOOC’s 2023 profit falls 12.6% after record 2022

CNOOC Limited Beijing — Chinese energy firm CNOOC Ltd (0883.HK), opens new tab, posted a fall of 12.6% in 2023 net income after a record high a year earlier, as hydrocarbon prices fell, although a […]

Kerosene price rises to N1,340 per litre in February

*Fuel pump dispensing kerosene Sam Ikeotuonye Lagos — The average retail price for kerosene rose from N1,329 per litre in January this year to N1,340 in February, the National Bureau of Statistics, NBS, has revealed. […]

Opportunities in cross-border cooperation for oil & gas in southern Africa

NJ Ayuk Johannesburg, South Africa — Advocacy is one of my greatest priorities as the founder of the African Energy Chamber (AEC). For years, I have been making a case for the growth of Africa’s […]

TotalEnergies publishes 2024 Sustainability & Climate Progress Report

Paris, March 20, 2024 – TotalEnergies published its Sustainability & Climate – 2024 Progress Report, in line with a pledged by the Board of Directors since 2020. The report gives an account of the implementation the […]

US oil output to exceed 14 million bpd and then plateau, says Conoco chief

Output in the top U.S. shale field, the Permian basin of West Texas and New Mexico, will rise between 300,000 bpd and 400,000 bpd this year, he said in remarks at the CERAWeek energy energy […]

‘US oil output to exceed 14 million bpd and then plateau’

*ConocoPhillips CEO Ryan Lance. Houston — U.S. oil production will grow to exceed 14 million barrels per day and then plateau, ConocoPhillips CEO Ryan Lance forecast on Tuesday. Output in the top U.S. shale field, […]

Global oil demand to increase by 6% through 2028, up to 105.7m b/d

*Global oil demand to growth Lagos — Energy security and supply concerns are the major priorities to leaders, policymakers and executives from across the energy industry and Sarens is there to help maintain stable production […]

Oil prices build on last week’s strength as supply risks rise

*Global oil flow. New Delhi — Oil prices ticked up in Asian trade on Monday, extending gains from last week of nearly 4% on the view that supply was tightening, with the risks heightened by […]