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[ May 3, 2026 ] NMDPRA warns marketers, backs Dangote’s ₦1,820 Jet A1 price News
[ 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

PH refinery workers gagged as NNPCL shuts down 60,000b/d plant after six months

*A truck loading PMS at the Port Harcourt Refinery. – PETROAN demands strict adherence to 30-day repair timeline Mkpoikana Udoma Port Harcourt — The Port Harcourt Refining Company, PHRC, has commenced the shutdown of its […]

Vermilion to sell assets in Saskatchewan, Manitoba for $415 million cash

Vermilion Energy has entered into a definitive agreement for the sale of its Saskatchewan and Manitoba assets for cash proceeds of $302 million USD ($415 million CAD). Net proceeds from the transaction will […]

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API, AFPM applaud Senate vote to overturn California gas car ban

American Petroleum Institute (API) President and CEO Mike Sommers and American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson issued the following statement on today’s bipartisan passage in the United States […]

DeepOcean acquires Shelf Subsea to create a global subsea player

Ocean services provider DeepOcean has acquired Shelf Subsea, an independent provider of subsea services with a strong position in the eastern hemisphere. Founded on a robust industrial fit, the acquisition creates a global subsea services […]

TotalEnergies CEO defends company against East Africa abuse allegations

*Patrick Pouyanne, TotalEnergies CEO Paris/London — TotalEnergies chief executive Patrick Pouyanne defended the company’s work on oil projects in East Africa on Friday, after an independent U.N. human rights expert said the French firm should […]

Russia and Bahrain in advanced talks over LNG supply deal, sources say

*LNG vessel London — Russia is in advanced talks with Bahrain over a three-year liquefied natural gas (LNG) agreement under which Moscow would supply the Gulf kingdom with 1.5 million metric tons of the fuel, […]

Are OPEC’s forecasts driving crude oil into a new downtrend?

*Oil prices Lagos — The crude oil market is currently experiencing increasing volatility, reflecting the intense pressure it faces from multiple fronts—ranging from bearish signals in the U.S. market, to potential geopolitical escalation in the […]

Pemex considers job cuts, restructuring in strategy to save $540 million

(Bloomberg) – Mexico’s state oil company Petroleos Mexicanos is discussing plans to slash over 3,000 jobs in a proposed corporate restructuring that is expected to save the company millions as the indebted driller and refiner […]

Trump criticizes UK North Sea tax for discouraging drilling

(Bloomberg) – U.S. President Donald Trump criticized the UK’s approach to taxing North Sea oil and gas, saying it discouraged drilling and raised energy prices. Britain should stop using “costly and unsightly windmills” and “incentivize […]

Shell Nigeria Gas engages stakeholders on deepening gas distribution

*L-R: Manager, Strategy and Sustainability, NNPC Gas Marketing Limited (NGML) Daniel Aso; Team Lead on Gas, Office of The Special Adviser to The President on Energy, Lateef Biobaku; Managing Director, Shell Nigeria Exploration and Production […]