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[ April 29, 2026 ] NLNG hits 86% capacity, as FG eyes Train-8, expansion News
[ April 29, 2026 ] UAE exits OPEC, shakes global oil market as Iran conflict deepens energy shock News
[ April 28, 2026 ] Nations meet to discuss fossil fuel exit as Iran war drives up prices News
[ April 28, 2026 ] NADDC, Pi-CNG/EV synergise to accelerate CNG and electric mobility adoption News
[ April 27, 2026 ] NUPENG elects Oladiti as new President News

Dangote refinery imports 4,000 gas-powered trucks for local fuel distribution

*Dangote refinery imports 4,000 gas-powered trucks. Lagos — Nigeria’s Dangote Refinery is importing 4,000 natural-gas powered trucks as part of plans to distribute refined products directly into the local market, the company said. In June, […]

U.S. shale drillers add one rig to break 14-week decline streak

(Bloomberg) – Shale oil producers added a single drill rig this week after 14 consecutive weeks of declines, staving off at least for now a pandemic-level downturn in U.S. activity. Rigs drilling for […]

PETROAN accuses Ojulari of neglecting Port Harcourt Refinery, threatens action

Mkpoikana Udoma Port Harcourt — The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has accused the Group Chief Executive Officer of the Nigerian National Petroleum Company, NNPC Limited, Engineer Bashir Bayo Ojulari, of […]

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Ammat aims to boost Congo’s oil and gas output by 70%

Ammat Global Resources has announced an ambitious growth strategy for exploration and production in the Republic of Congo, aiming to increase the company’s oil and gas output by 70% over the next five years. […]

EFCC demands apology over alleged “abduction” of NNPCL GCEO, Ojulari

*Ola Olukoyede, Executive Chairman, EFCC Mkpoikana Udoma Port Harcourt — The Economic and Financial Crimes Commission, EFCC, has issued a 48-hour ultimatum to online news platform, People’s Gazette, to retract a story alleging that its Executive […]

ExxonMobil starts production at Yellowtail, offshore Guyana

ExxonMobil Guyana started production today at Yellowtail, the fourth oil development in Guyana’s offshore Stabroek block. Yellowtail’s ONE GUYANA floating production storage and offloading (FPSO) vessel joins the Destiny, Unity, and Prosperity FPSOs, bringing total […]

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Petrobras estimates fall short amid low oil prices, rising costs

(Bloomberg) — Brazil’s state-controlled oil producer Petrobras reported weaker-than-expected results and cut its dividend after lower oil prices offset stronger production figures. Petroleo Brasileiro SA, as it is formally known, increased investments 30.6% […]

Brazil’s Petrobras sees low chances of extra dividends this year

*Petrobras Sao Paulo/Rio De Janeiro — Brazilian state-run oil giant Petrobras sees little chance of paying extraordinary dividends this year, Chief Financial Officer Fernando Melgarejo said on Friday, citing lower revenues after a drop in […]

Cheniere’s Q2 profits double, inks first long-term LNG deal to supply Japan

*Cheniere Energy facility News wire — Cheniere Energy’s second-quarter profit nearly doubled year-on-year, driven by positive changes in the valuation of certain assets, steady demand and robust margins, the U.S. liquefied natural gas (LNG) company reported […]

Milbank advises YPF on $500 million acquisition of TotalEnergies oil and gas blocks

Milbank LLP is advising YPF S.A. in connection with its definitive agreement with Total Austral S.A., an affiliate of TotalEnergies, to acquire a 45% interest in Rincón La Ceniza and La Escalonada, two […]