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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

UAE to up value of US energy investments to $440 billion by 2035

The wealthy oil power’s strategy – which aligns with global growth ambitions for its companies – was announced during a presentation by Abu Dhabi oil giant ADNOC’s CEO Sultan Al Jaber to Trump during the […]

Asian spot LNG prices rise slightly on US-China tariff truce

The average LNG price for July delivery into north-east Asia was at $11.75 per million British thermal units (mmBtu), up from $11.50/mmBtu last week, industry sources estimated. “Activity has picked up somewhat and prices have […]

US LNG exporters push forward new projects despite trade war uncertainty

The U.S., already the world’s largest exporter of the superchilled gas with 91.3 million tonnes of annual capacity, should triple that before 2030 thanks to projects awaiting final investment decisions. Those come on top of […]

Halliburton, Rhino Resources deliver two wells in Orange Basin, offshore Namibia

Halliburton and Rhino Resources have delivered two exploration wells within Petroleum Exploration License (PEL) 85 offshore Namibia, the companies announced this week. These exploration wells are the first to be completed entirely from […]

Oxy and ADNOC’s investment firm to explore carbon capture solutions in Texas

Occidental and its subsidiary 1PointFive today announced an agreement with XRG, ADNOC’s investment company, to evaluate a potential joint venture to develop a Direct Air Capture (DAC) facility in South Texas. As part […]

Renaissance surpasses oil output target by 40% in first month

Mkpoikana Udoma Port Harcourt — In a striking debut, Renaissance Africa Energy Company Limited has exceeded crude oil production targets by 40 percent in its first month of operating the former Shell Petroleum Development Company, […]

Aramco signs up to $90bn in US deals as Trump’s Gulf tour spurs flurry of tie-ups

Dubai — Saudi Aramco unveiled 34 preliminary deals with major U.S. companies on Wednesday, potentially worth up to $90 billion in one of its broadest pushes to deepen commercial ties with the United States. The agreements […]

Sinopec sets vertical depth record for shale gas well in China

China Petroleum & Chemical Corporation (Sinopec) has announced a major shale gas exploration breakthrough of its Project Deep Earth – Sichuan and Chongqing Natural Gas Base. The vertical depth of the well reaches over 5,300 m […]

Perenco discovers more gas in Onyx well, offshore Trinidad

Perenco has announced a successful drilling operation for its Onyx well, encountering significant columns of natural gas in two separate geological compartments. The Onyx field is an undeveloped gas discovery located within the TSP license, offshore […]

Fuel cells for faster fuelling and falling emissions

*Hydrogen Fuel Cell Electric Vehicle. Lagos — Fuel-cell electric vehicles (FCEVs) offer a new opportunity for the transport sector to significantly reduce emissions, with only water vapor being produced as a result of their operation. […]