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News Ticker
  • [ April 27, 2026 ] Hormuz crisis rattles global gas market, delays LNG supply boom News
  • [ April 26, 2026 ] NNPC Ltd denies refinery scrap sales, warns investors against scammers News
  • [ April 25, 2026 ] Interior Minister boosts investor confidence, says Nigeria open to more investment in oil & gas News
  • [ April 25, 2026 ] Soot crisis deepens as gas flaring worsens health risks News
  • [ April 24, 2026 ] NNPC, Algeria’s Sonatrach sign MoU to boost research, innovation in oil & gas News
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TotalEnergies tells Mozambique LNG project costs have risen by $4.5 billion

*Mozambique LNG project Cape Town — TotalEnergies has told Mozambique that the costs of its liquefied natural gas (LNG) project in the country have risen by $4.5 billion in the four years it was on […]
News

Nigerian govt summons NLNG, Daewoo, Saipem, NAPO over alleged PAYE tax fraud

*NLNG. — Labour Ministry orders status quo as workers allege non-remittance, abuse Mkpoikana Udoma Port Harcourt — The Federal Government has summoned the management of Nigeria LNG Limited, Daewoo Engineering and Construction Nigeria, Saipem Nigeria […]
News

Customs foils smuggling of PMS, other items in Adamawa

According to him, the seized 20,600 litres of Premium Motor Spirit, also known as petrol, were packed in 824 jerrycans of 25-litre capacity each. The other recovered goods included 91 cartons of expired Tramadol capsules, […]
News

Eni ups buyback on strong Q3 results; shares rise

Adjusted net profit of 1.25 billion euros ($1.5 billion) between July and September beat a consensus estimate of 1.02 billion euros, just short of the 1.27 billion-euro profit a year earlier. ASSESSING IMPACT OF NEW […]
News

U.S. natural gas sector deals surge in 2025 on AI, LNG demand from Asia

A steep pullback in benchmark gas prices last year from 2022’s multi-decade highs after sanctions on Russia slowed talks, but a subsequent rebound, along with long-term LNG and domestic demand, has kept global buyers active. […]
News

Indigenous workforce leads charge at ExxonMobil’s offshore operations

*Heineken Lokpobiri Mkpoikana Udoma Port Harcourt — In a major step toward achieving Nigeria’s local content aspirations, the majority of the workforce at ExxonMobil’s Erha Floating Production, Storage and Offloading, FPSO, facility are indigenous personnel, […]
News

Chevron emerges Nigeria’s top supplier of domestic gas since 2015

*LPG storage. Mkpoikana Udoma Port Harcourt — Chevron Nigeria Limited has reaffirmed its role as Nigeria’s leading supplier of domestic gas, a position it has held consistently since 2015. According to Olusoga Oduselu, General Manager, […]
News

Ekpo emerges President of Gas Exporters Forum, Mshelbila Seceretary General

– President Tinubu congratulates them on their election *Ekperikpe Ekpo, Minister of State for Petroleum Resources (Oil), Lagos — Nigeria’s Minister of State for Petroleum Resources (Oil), Mr Ekperikpe Ekpo, has emerged as President of […]
News

Oil extends gains after settlement on new sanctions on Russian oil companies

*Global oil flow. New York — Oil prices extended gains after settlement on Wednesday after the U.S. imposed Ukraine-related sanctions on Russia, targeting oil companies. Brent crude futures were up $3.03 or 4.94% at $64.35 […]
News

EU to list two Chinese oil refineries, one trader in new Russia sanctions

*European Union Brussels — The European Union’s 19th package of sanctions against Russia will list four companies involved in China’s oil industry that circumvent Western restrictions, EU diplomatic sources said on Wednesday. They said the […]

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Recent News

  • Hormuz crisis rattles global gas market, delays LNG supply boom

    Hormuz crisis rattles global gas market, delays LNG supply boom

    April 27, 2026
  • NNPC Ltd denies refinery scrap sales, warns investors against scammers

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    April 26, 2026
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    Interior Minister boosts investor confidence, says Nigeria open to more investment in oil & gas

    April 25, 2026
  • Soot crisis deepens as gas flaring worsens health risks

    Soot crisis deepens as gas flaring worsens health risks

    April 25, 2026
  • NNPC, Algeria’s Sonatrach sign MoU to boost research, innovation in oil & gas

    NNPC, Algeria’s Sonatrach sign MoU to boost research, innovation in oil & gas

    April 24, 2026
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