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News Ticker
  • [ 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
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Oil prices steady due to uncertainty in U.S.-Iran negotiations

*Oil prices – Russia-Ukraine peace talks London — Oil prices steadied on Tuesday due to uncertainty in U.S.-Iran negotiations and Russia-Ukraine peace talks, while new government data delivered a cautious outlook for top crude-importer China’s economy. […]
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ADNOC and Tubacex sign agreement to localize oilfield technology in the UAE

ADNOC has signed a strategic partnership agreement with Tubacex, a global leader in advanced tubular solutions, to localize critical oilfield technology, enhancing the resilience of the UAE’s industrial base. The announcement was made at the […]
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One X acquires United Energy, expanding completions technology across U.S.

One X, a leading provider of completions hardware and performance-based solutions, has acquired United Energy Partners. This move accelerates One X’s strategy to become the go-to field partner for high-efficiency, low-maintenance, service-less valve systems across […]
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Fresh oil spill from Renaissance facility hits Ahoada West in Rivers

– YEAC-Nigeria demands urgent action Mkpoikana Udoma Port Harcourt — A fresh crude oil spill has rocked Oshika community in Ahoada West Local Government Area of Rivers State, sparking environmental concerns and calls for accountability. […]
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Exxon, ADNOC agree to boost capacity of offshore oil field

(Bloomberg) – The United Arab Emirates and Exxon Mobil Corp. agreed to expand the nation’s oil production capacity.  Abu Dhabi National Oil Co. will work with Exxon to boost capacity at the offshore […]
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Oil futures capped over U.S. fiscal worries, China’s slowdown

Lagos — Crude oil futures remained capped below USD 62 per barrel as market sentiment was weighed down by Moody’s downgrade of the U.S. sovereign credit rating. The latter raised concerns about the country’s growing […]
News

Texas RRC issues enhanced guidelines for Permian disposal wells

Utilizing scientific and engineering analysis, the Railroad Commission of Texas has issued new guidelines that further strengthen permitting of disposal wells in the Permian basin. In order to further enhance the integrity of […]
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Nigeria to close skill gap in energy sector, launches oil & gas academy

*Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, with Bauchi State Governor, Senator Bala Mohammed. Mkpoikana Udoma Port Harcourt — In a strategic move to address the critical skills gap in Nigeria’s oil […]
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Global oil demand growth to slow for rest of 2025, says IEA

(Bloomberg) – Global oil demand growth will slow during the remainder of 2025 after a robust first quarter due to “economic headwinds,” the International Energy Agency said. After increasing 990,000 bpd year-on-year between […]
News

EOG Resources awarded exploration concession for onshore UAE shale basin

EOG Resources, Inc. (EOG) today announced that the company was awarded a new oil exploration concession for Unconventional Onshore Block 3 (UCO3) by Abu Dhabi’s Supreme Council for Financial and Economic Affairs (SCFEA).    […]

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Recent News

  • NMDPRA warns marketers, backs Dangote’s ₦1,820 Jet A1 price

    NMDPRA warns marketers, backs Dangote’s ₦1,820 Jet A1 price

    May 3, 2026
  • Rivers workers decry pension crisis, demand reforms amid economic hardship

    Rivers workers decry pension crisis, demand reforms amid economic hardship

    May 2, 2026
  • Court halts $150m vessel sale over corporate governance breach

    Court halts $150m vessel sale over corporate governance breach

    May 1, 2026
  • Organised labour demands living wage amid economic strain

    Organised labour demands living wage amid economic strain

    May 1, 2026
  • Uphold highest standards of corporate governance, accountability, Akume charges NUPRC board

    Uphold highest standards of corporate governance, accountability, Akume charges NUPRC board

    April 30, 2026
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