News - MyPetroCareer

News Ticker

[ April 29, 2026 ] Tinubu sacks NMDPRA boss, nominates Rabiu Umar as replacement News
[ 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

RMAFC queries Sterling Oil over CSR, gas flaring in Anambr

*Gas flaring jumps Mkpoikana Udoma Port Harcourt — The Revenue Mobilization Allocation and Fiscal Commission, RMAFC, through its Investment Monitoring Committee, has summoned the Sterling Oil Exploration & Energy Production Company, SEEPCO, over alleged lapses […]

bp sells U.S. onshore wind business, continuing pivot back to oil and gas

(Bloomberg) — bp Plc has agreed to sell its U.S. onshore wind business to LS Power, as the company continues efforts to pivot back toward its core oil and gas business and reverse years of […]

Chevron completes $53 billion Hess takeover following lengthy Exxon arbitration

Chevron has completed its $53 billion acquisition of Hess Corporation, having prevailed in an arbitration against ExxonMobil regarding Hess’ offshore Guyana assets, which had delayed the takeover for over a year. offshore operations […]

Crude oil supply disruptions & seasonal demand keep prices steady

*Oil prices Lagos — Crude oil futures continued to find support in the supply disruptions in the Middle East. Recent drone strikes on oilfields in Iraq’s Kurdistan region have affected production, removing an estimated 140,000 […]

Ekpo lauds $3.5bn NNPCL/GACN gas investment in Akwa Ibom

*Ekperikpe Ekpo Mkpoikana Udoma Port Harcourt — The Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has applauded the landmark $3.5 billion gas investment by the Nigerian National Petroleum Company Limited, NNPCL, […]

Chevron nears Permian production plateau, freeing up billions in cash flow

(Bloomberg) – Chevron Corp. is on the cusp of reaching a production plateau in the largest U.S. oil field, allowing it to reap billions of dollars of additional cash flow in the next few years. […]

EnerMech secures two-year cranes extension in North Sea

EnerMech has been awarded a two-year crane operations & maintenance (O&M) contract extension to continue supporting a North Sea operator. The current agreement, which began in August 2022, will now run until at least August […]

ExxonMobil Nigeria appoints new Chairman & Managing Director

*ExxonMobil Nigeria headquarters, vICTORIA iSLAND, lA. Oritsegbubemi Omatseyin Lagos — ExxonMobil has appointed Mr. Jagir Baxi as Chairman, Managing Director, and Lead Country Manager, of its affiliates in Nigeria. This includes Esso Exploration and Production Nigeria […]

Global gas flaring hits highest level since 2007

*A reflection of two gas flaring furnaces is seen in the pool of oil-smeared water at a flow station in Ughelli, Delta State, Nigeria. – Undermining energy security, access, and emissions goals– ‘Wasted gas amounts […]

EnQuest awarded production sharing agreement for offshore Brunei gas fields

EnQuest PLC has been awarded a Production Sharing Agreement (PSA) for Block C in Brunei by the Petroleum Authority of Brunei Darussalam (PABD). EnQuest will initially be the sole operator of the PSA […]