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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 19, 2026 ] PETROAN urges refiners and importers to reflect downward price adjustments 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
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Russia plans to compensate for oil overproduction in August-September

Novak was also quoted as saying that the government was still discussing a possible complete gasoline export ban and that the decision depended on market prices in the next few days. Russia has to compensate […]
News

Perenco acquires Trinidad producing assets from Woodside Energy

Perenco has completed its acquisition of the Greater Angostura producing oil and gas assets and associated production facilities from Woodside Energy in Trinidad & Tobago, the company announced Friday. The finalization of the deal, combined […]
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Gazprom, CNPC discuss future Russian gas supplies to China

Russia, the holder of world’s largest gas reserves, has diverted oil supplies from Europe to India and China since the start of the conflict in Ukraine in February 2022. At the same time, Russia’s diversification […]
News

Proposed oil spill response will measure rate of evaporation

ASTM International is developing a standard (WK92298) that will provide a procedure to measure the rate of evaporation of oil over time and with temperature, the company announced. The test method aims to measure the […]
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Activists demand constitutional review to tackle oil pollution

*Afieyegha Seiyefa, a fisherwoman shows her hands stained by oil, following an oil spill at Santa Barbara in Nembe, in Bayelsa, Nigeria, November 25, 2021. Picture taken November 25, 2021. REUTERS/Temilade Adelaja – Strengthen climate […]
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Mach enters Permian, San Juan basins with $1.3 billion in acquisitions

Mach Natural Resources today announced its expansion into the Permian and San Juan basins with two acquisitions valued at a total of $1.3 billion. The assets purchased from Sabinal Energy and IKAV Energy will nearly […]
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Golar LNG reaches COD at Greater Tortue Ahmeyim project

*Gimi FLNG vessel – Joins AEW 2025 as Gold Partner Cape Town, South Africa — Golar LNG has officially announced that its FLNG Gimi vessel has reached its Commercial Operations Date (COD) under the 20‑year lease-and-operate agreement […]
News

OPEC trims oil demand for next four years, says no peak in sight

*People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. – […]
News

Hess exits deepwater exploration block in Suriname

The American international oil and gas company Hess (Suriname II) Exploration Limited (Hess) will relinquish Block 59 in offshore Suriname on 8 July 2025. The block will return to Staatsolie and become part of the […]
News

Kuwait’s KPC eyes market opportunity driven by OPEC+ supply hike

(Bloomberg) — Kuwait’s state energy company said OPEC+’s latest super-sized supply hike and recent interactions with customers suggest persistent demand growth beyond the summer driving season.    “We’re seeing some potential tightness in […]

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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
  • PETROAN urges refiners and importers to reflect downward price adjustments

    PETROAN urges refiners and importers to reflect downward price adjustments

    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
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