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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

US oilfield job losses could swell as natural gas prices plunge

*U.S. drilling site Houston — Oilfield service companies and drillers have put the brakes on hiring and further job cuts could loom as natural gas producers respond to sliding prices by slashing spending on new […]

NUPENG seeks EFCC collaboration against illegal oil bunkering

*NUPENG President, Comrade Williams Akporeha and EFCC Chairman, Ola Olukoyede. Mkpoikana Udoma – Port Harcourt — The National Union of Petroleum and Natural Gas Workers, NUPENG, has sought the collaboration of the Economic and Financial […]

Canadian oil sands production to hit 3.7mb/d by 2030

*DRU1 – The extraction and processing of oil sands is key to the Canadian economy, as it will contribute more than $200 billion annually to the country’s GDP. Lagos — Oil sands production in Canada […]

NIES to convene Africa’s national oil firms for energy agenda

Oritsegbubemi Omatseyin Lagos — The highly anticipated 7th Nigeria International Energy Summit, NIES 2024, will convene a forum for Africa’s National Oil Companies, NOCs, in Abuja, beginning from February 26. The event, bringing together chief executive […]

Oil rises for second day on improving signs of US refinery demand

*A general view of a new crude distillation unit under construction at Exxon Mobil’s refinery in Beaumont, Texas, U.S., November 23, 2022. REUTERS/Erwin Seba. Singapore — Oil prices rose for a second day on Thursday […]

Transport fares double as fuel price hits N1,000/litre in Rivers

*Fuel dispenser nozzle. Mkpoikana Udoma Port Harcourt — Despite suspension of the planned strike by the National Association of Road Transport Owners, NARTO, the pump price of Premium Motor Spirit has continued to surge in […]

Komolafe wins Sun Public Service Award

*Gbenga Komolafe Oritsegbubemi Omatseyin Lagos –– The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, Engr. Gbenga Komolafe, has won the Sun Public Service Award. At a colorful ceremony held at the Expo Convention Centre, Eko Hotel and Suites, […]

Navy confiscates 750,000 litres of AGO in Port Harcourt

*Illegal refining dump. Mkpoikana Udoma Port Harcourt — The Nigerian Navy on Tuesday uncovered an illegal oil bunkering site and confiscated over 750,000 litres of illegally refined Automotive Gasoline Oil also known as diesel, in […]

Russian oil producer Rosneft’s annual profit surges to $14 billion

The West has imposed sweeping sanctions against Russia’s energy exports, seeking to starve the Kremlin of crucial oil and gas revenues after Moscow despatched its army to Ukraine in February 2022. A U.S. threat to […]

Seplat Energy achieves ISO 26000 endorsement on social responsibility

*Roger Brown, Seplat Chief Executive Officer Oritsegbubemi Omatseyin Lagos — Seplat Energy Plc has achieved the ISO 26000 endorsement, which is a major milestone that reinforces the Company’s commitment to social responsibility. The company’s ISO 26000 […]