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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

NNPC backtracks on Port Harcourt Refinery full rehabilitation

*Admits error in $1.5bn rehabilitation work *Says project remains incomplete *Confirms SweetcrudeReports’ December 2024 story *Operating refinery prior to full rehabilitation ill-informed – Ojulari *NNPC’s Port Harcourt refinery Mkpoikana Udoma Port Harcourt — Seven months after SweetCrude […]

Israel, Egypt reach $35 billion deal for natural gas supply

(Bloomberg) — Egypt will boost its contracted purchases of natural gas from Israel’s Leviathan field under a new agreement starting next year, deepening the country’s dependence on imports of the fuel for the long haul. […]

Nigeria to create 2 million jobs through National Social Housing Programme

Lagos — The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, has revealed the aim of the Federal government to create employment for Nigerians, that will boost local economies, through the Renewed Hope […]

Golar LNG secures 20-year FLNG charter with Argentina’s Southern Energy

(WO) — Golar LNG announced that Southern Energy S.A. (SESA) has reached a Final Investment Decision (FID) for the 20-year charter of Golar’s 3.5 mtpa MK II floating LNG (FLNG) unit. The decision follows definitive […]

Yinson buys out $409 million FPSO Atlanta loan from Brava Energia

(WO) — Yinson Production has completed the buy-out of the project loan tied to FPSO Atlanta from Brava Energia S.A., paying a total of approximately $257.4 million in cash, including $255.5 million in principal and […]

NUPRC mobilises industry stakeholders for shallow and deep water cluster development

Lagos — The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, is seeking to advance the development of Nigeria’s deep and shallow offshore fields towards making value of stranded and marginally economic such assets through cluster development […]

Nigerian to create 2 million jobs through National Social Housing Programme

*Arc. Ahmed Musa Dangiwa. Oritsegbubemi Omatseyin Lagos — The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, has revealed the aim of the Federal government to create employment for Nigerians, that will boost […]

Civitas divests $435 million in DJ Basin assets, names interim CEO in leadership shift

(WO) — Civitas Resources announced two major updates on Aug. 6: the reinstatement of a capital return program and a leadership transition that places Board Chair Wouter van Kempen in the role of interim CEO. […]

AMEXHI applauds Mexico’s initiative to strengthen Pemex, national production

The Mexican Association of Hydrocarbons Companies (AMEXHI) has released a statement celebrating the effort of the Federal Government and its energy and finance institutions to develop the Strategic Plan for the Strengthening of Petróleos Mexicanos […]

Lokpobiri calls for sustained dialogue as oil sector faces reforms

*Heineken Lokpobiri Mkpoikana Udoma Port Harcourt — Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has emphasised the urgent need for continuous dialogue and synergy among stakeholders in the country’s upstream oil […]