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[ May 2, 2026 ] Rivers workers decry pension crisis, demand reforms amid economic hardship News
[ May 1, 2026 ] Court halts $150m vessel sale over corporate governance breach News
[ May 1, 2026 ] Organised labour demands living wage amid economic strain News
[ April 30, 2026 ] Uphold highest standards of corporate governance, accountability, Akume charges NUPRC board News
[ April 30, 2026 ] NNPC achieves breakthrough on OB3 River Niger gas pipeline News

ADNOC Gas takes FID and awards $5b contracts for RGD project

*A general view of ADNOC headquarters in Abu Dhabi, United Arab Emirates. Dubai — ADNOC Gas Plc and its subsidiaries, a world-class integrated gas processing and sales company, announced on Tuesday it has taken a […]

Bank analysts predict Saudis will wage ‘long but shallow’ oil price war

(Bloomberg) — OPEC+’s oil-output hikes are part of a Saudi strategy that will see the kingdom embark on a long but shallow price war designed to recapture market share, Bank of America Corp.’s head of […]

Baker Hughes sells PSI product line to Crane Company for $1.15 billion

Baker Hughes has reached an agreement to sell its Precision Sensors & Instrumentation (PSI) product line to Crane Company, a diversified manufacturer of engineered industrial products, for a total cash consideration of approximately $1.15 billion. […]

Military busts 27 illegal refineries in Rivers, Bayelsa, others

*Illegal refining dump. Mkpoikana Udoma Port Harcourt — In a sweeping offensive against oil theft and pipeline vandalism, troops of the 6 Division, Nigerian Army, have uncovered 27 illegal refining sites, arrested 43 suspected oil […]

California fuel imports hit 4-year high amid refinery outages

*The Phillips 66 Carson refinery is shown after the company said it will shut its large Los Angeles-area oil refinery late next year, delivering a blow to California’s fuel supply, in Carson, California, U.S., October […]

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API commends NHTSA action to ensure U.S. consumer vehicle choice

American Petroleum Institute (API) President and CEO Mike Sommers issued the below statement following the National Highway Traffic Safety Administration’s final rule declaring the Biden-era Corporate Average Fuel Economy (CAFE) standards exceeded the […]

Kongsberg and offshore leaders launch Remote DP Operations pilot

Kongsberg Maritime has announced a partnership with Solstad, Østensjø, DeepOcean, and Remota that will launch a pilot project to explore the potential for remote Dynamic Positioning (DP) operations in the offshore sector. Image: […]

US oil/gas rig count falls for 6th week to 2021 lows

*US weekly offshore rig count. London — U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time since September […]

NNPCL cuts workforce by 197 employees in one year

*Headquarters of the Nigeria National Petroleum Company Ltd, Central Business District, Garki, Abuja. – Has 5,495 staff across subsidiaries Michael Eboh Dublin, Ireland — The Nigerian National Petroleum Corporation Limited (NNPCL) has reduced its workforce […]

Aker BP, Höegh Evi granted DNV approval for liquefied CO2 carrier

Höegh Evi and Aker BP have been awarded an Approval in Principle (AiP) from DNV for a next-generation liquefied CO₂ (LCO₂) carrier. The vessel, developed in Norway by Höegh Evi, Aker BP and Moss Maritime, […]