News | MyPetroCareer

News Ticker

[ 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

Industrial Court bars NLC, TUC from embarking on strike

…Fixes June 19 for hearing in suit filed by govt *Nigeria Labour Congress Abuja — The National Industrial Court, NIC, has barred the Nigerian Labour Congress, NLC, and the Trade Union Congress, TUC, from embarking […]

Oil rises on Saudi plan to deepen output cuts from July

*General view of Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah/File Photo – Brent and WTI both jump by more than $1– Saudi move is in […]

‘NNPC winding down crude oil swap contracts’

*A general view of the newly rebranded NNPC Mega Gas Station in Abuja, Nigeria August 30, 2022. REUTERS/Afolabi Sotunde Abuja — Nigeria’s state oil firm NNPC Ltd is winding down crude swap contracts with traders […]

NLC to commence strike on Wednesday over fuel subsidy removal

*Nigeria Labour Congress. Abuja — The Nigeria Labour Congress, NLC, has said it plans to go on strike from Wednesday to protest against a tripling of fuel prices in what would be the first big […]

‘US oil rig count falls by most since September 2021’

*US weekly offshore rig count. Houston — U.S. energy firms this week cut the number of oil rigs operating by the most since September 2021, reducing the overall count for a fifth week in a […]

Suncor to cut 1,500 jobs by end of year

News wire — Canada’s second-biggest oil producer Suncor Energy Inc will cut 1,500 jobs by the end of this year, aiming to reduce costs and improve its financial performance, the Globe and Mail reported, citing […]

NLC to embark on strike from Wednesday over fuel subsidy removal

*Nigeria Labour Congress strike Lagos — The Nigerian Labour Congress, NLC, on Friday, after an emergency meeting of its executive council in Abuja, demanded that the hike in the price of petrol should be reversed. […]

OPEC+ unlikely to deepen oil supply cuts at June 4 meeting

*OPEC flag. London/Dubai — OPEC and its allies are unlikely to deepen supply cuts at their ministerial meeting on Sunday despite a fall in oil prices toward $70 per barrel, four sources from the alliance […]

NNPC says it will end monopoly on petrol supplies

*Fuel queues return to Nigerian filling stations. Abuja — Nigeria’s state-owned oil company NNPC will soon end its monopoly on petrol supplies, its chief executive told local television on Thursday, a day after it nearly […]

TotalEnergies signs PSC for the Agua Marinha offshore block

*Map showing Brazil’s Agua Marinha offshore block Paris – TotalEnergies and its co-venturers Petrobras, QatarEnergy and PETRONAS Petróleo Brasil Ltda (PPBL) have signed on 31 May 2023 the Production Sharing Contract (PSC) for the Agua […]