News - MyPetroCareer

News Ticker

[ 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

FG flags off N165bn disbursement to 10 gas firms under MDGIF

*Ekperikpe Ekpo Mkpoikana Udoma Port Harcourt — In a move to accelerate Nigeria’s industrialization and transition to cleaner energy, the Federal Government has released over N165 billion in equity funding to 10 gas companies, under […]

TotalEnergies, Shell exchange stakes in two offshore Brazil fields

TotalEnergies has signed an agreement with Shell to exchange its 20% non-operated interest in the Gato do Mato project for an additional 3% interest in Lapa, a producing offshore oil field. Upon closing, […]

Oando PAT up 267% to N220bn in FY2024 audited results

*Oando Plc’s Wing Towers building and corporate headquarters, Victoria Island, Lagos. Lagos, Nigeria — Oando PLC, Africa’s leading integrated energy company listed on both the Nigerian Exchange Group (NGX) and Johannesburg Stock Exchange (JSE), posted […]

Viper Energy acquires Sitio Royalties for $4.1 billion in latest Permian deal

(Bloomberg) – Viper Energy Inc., the mineral and royalty unit of Diamondback Energy Inc., agreed to buy Sitio Royalties Corp. for about $4.1 billion, including debt, in the latest deal focused on the Permian basin. […]

Nigeria pursues $25bn undersea gas pipeline to Europe

– Woos global investors Mkpoikana Udoma Port Harcourt — Nigeria is forging ahead with an ambitious $25 billion undersea gas pipeline to Morocco and Europe, as part of its strategic push to harness gas reserves […]

NNPC Ltd, NAF forge alliance to combat oil theft

*R-l: Bayo Ojulari with Air Marshal Hasan Bala Abubakar Mkpoikana Udoma Port Harcourt — In a move to safeguard Nigeria’s critical oil and gas infrastructure, the Nigerian National Petroleum Company Limited, NNPC Ltd. and the […]

STRYDE, Getech launch new onshore targeting and exploration service

Getech Group plc, a leading locator of subsurface energy and mineral resources, and STRYDE, the onshore nodal seismic imaging experts, have jointly announced the launch of a new high impact targeting and exploration service designed […]

Nigerian President signs order to boost oil investments, revenue

(Bloomberg) — Nigeria’s President Bola Tinubu signed an executive order aimed at drawing investment in the oil sector by lowering project costs, while protecting government revenue as the West African nation looks to grow output. […]

Aker Solutions reaches milestone for autonomous drones in North Sea

Aker Solutions has successfully installed an autonomous drone system on Aker BP’s Edvard Grieg platform in the North Sea, enabling frequent, remote inspections from shore. the Edvard Grieg platform, offshore North Sea The […]

Nigeria loses N710bn to gas flaring in four months

*A reflection of two gas flaring furnaces is seen in the pool of oil-smeared water at a flow station in Ughelli, Delta State. Michael Eboh Dublin, Ireland — Nigeria lost $443.8 million, about N710.08 billion […]