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News Ticker
  • [ June 19, 2026 ] NMDPRA, NEITI deepen data transparency drive to strengthen reforms News
  • [ June 19, 2026 ] Nigeria beats OPEC quota as Trans Niger Pipeline stability lifts output News
  • [ June 18, 2026 ] NADDC commissions automotive training centre in Zamfara, graduates 100 youths News
  • [ June 17, 2026 ] Cooking gas prices could drop below ₦1,100/kg if reforms succeed News
  • [ June 16, 2026 ] Nigeria’s gas output climbs to 7.93bcf/d as domestic demand strengthens — NUPRC News
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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 […]
News

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 […]
News

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 […]
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 […]
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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.  […]
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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 […]
News

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 […]
News

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 […]
News

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 […]
News

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 […]

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Recent News

  • NMDPRA, NEITI deepen data transparency drive to strengthen reforms

    NMDPRA, NEITI deepen data transparency drive to strengthen reforms

    June 19, 2026
  • Nigeria beats OPEC quota as Trans Niger Pipeline stability lifts output

    Nigeria beats OPEC quota as Trans Niger Pipeline stability lifts output

    June 19, 2026
  • NADDC commissions automotive training centre in Zamfara, graduates 100 youths

    NADDC commissions automotive training centre in Zamfara, graduates 100 youths

    June 18, 2026
  • Cooking gas prices could drop below ₦1,100/kg if reforms succeed

    Cooking gas prices could drop below ₦1,100/kg if reforms succeed

    June 17, 2026
  • Nigeria’s gas output climbs to 7.93bcf/d as domestic demand strengthens — NUPRC

    Nigeria’s gas output climbs to 7.93bcf/d as domestic demand strengthens — NUPRC

    June 16, 2026
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