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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

Oil & gas industry contract volume shows 16% decline in Q4 2023

*Oil & gas industry contract volume Q4 2023 Lagos — Amidst shifting market dynamics, the oil and gas industry faced a significant quarter-on-quarter (QoQ) decline of 16% in disclosed contract volume from 1,401 in Q3 […]

Gabon to buy Carlyle’s oil business, preempting $1.3bn sale

*Carlyle Group backed Assala Energy. London — Gabon’s national oil company has agreed to acquire Carlyle’s (CG.O), opens new tab Assala Energy after it used its right to preempt the sale of the business for […]

Pipeline operator TC Energy beats profit estimates on high gas demand

*TC Energy News wire — North American pipeline operator TC Energy beat fourth-quarter profit estimates on Friday, boosted by high demand for transporting natural gas. The United States was the world’s top liquefied natural gas (LNG) […]

UK’s Serious Fraud Office charges two former Petrofac executives with bribery

*Petrofac office London — Britain’s Serious Fraud Office said on Friday that it had charged two former executives of oilfield services provider Petrofac, Marwan Chedid and George Salibi, with bribery. The SFO alleges that they […]

Niger Delta CDCs seek EFCC’s intervention against oil theft

*Illegal crude oil refining activity. Mkpoikana Udoma Port Harcourt — The Community Development Committees of Niger Delta’s oil and gas producing communities, have called for a more direct intervention of the Economic and Financial Crimes […]

Nigeria limits oil firms’ FX transfers from crude oil

*A view of Central Bank of Nigeria headquarters next to National. Ecumenical Centre in Abuja, Nigeria November 23, 2021. REUTERS/Afolabi Sotunde. Abuja — Nigeria’s central bank has set a limit on foreign currency transfers from […]

UK petrochemicals sector contributes over £7.3bn in revenues

*Sarens Petrochemical. – Employs more than 15,800 people Lagos — According to the research ‘Chemical Product Manufacturing in the UK 2024-2029’ by consultancy Ibisworld, the UK petrochemicals sector will maintain its growth through 2024, contributing […]

Shell to deepen investments in deepwater, gas, renewables

*L-R: CEO, Aftrac Limited and Founding Member and VP Upstream, Women in Energy Network (WIEN), Patricia Simon-Hart; Managing Director, Shell Nigeria Exploration and Production Company Limited (SNEPCo,) Elohor Aiboni; Managing Director & Chief Executive, TotalEnergies […]

NUPRC engages TotalEnergies on deep offshore development

*The NUPRE CEO, Engr. Gbenga Komolafe (left), and TotalEnergies Nigeria MD, Mr Mathieu Bouyer Oritsegbubemi Omatseyin Lagos — Efforts at advancing Nigeria’s deep offshore exploration and production took centre stage at an engagement between the […]

NSCDC impounds tanker with 45,000 litres of AGO

*NSCDC Mkpoikana Udoma Port Harcourt — The Nigerian Security and Civil Defense Corps, NSCDC, says it has impounded a truck laden with 45,000 litres of suspected illegally refined Automotive Gas Oil, AGO, popularly known as diesel, […]