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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

Exxon, Chevron likely to maintain Permian growth as independents scale back

(Bloomberg) — Exxon Mobil Corp. and Chevron Corp. are likely to shoulder more of the Permian basin’s oil growth as independent producers cut back due to falling crude prices. Chevron operations in the […]

US will revise Biden-era offshore oil and gas bonding rule

In a statement, the agency said it would develop a new regulation, but did not give specifics. The move is aligned with President Donald Trump’s push to reduce federal regulations and boost domestic energy production. […]

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New offshore provisions will streamline permitting, bolster energy security, says NOIA

National Ocean Industries Association (NOIA) President Erik Milito issued a statement on Friday in support of the House Natural Resources Committee reconciliation package: “Chairman Westerman’s bill is a game-changer for offshore energy, delivering […]

Equinor sells stake in Brazil’s Peregrino field to Prio for $3.5 billion

Equinor has entered into agreements with Brazilian company PRIO to sell its 60% operated interest in the Peregrino field in Brazil for a total value of $3.5 billion USD. PRIO, Brazil’s largest independent […]

Oil prices rebound amid bearish headwinds

*Global oil flow. Lagos — Oil prices rebounded to a certain extent after their recent fall. While the market could remain under pressure, prices gained in reaction to Trump’s comments on Iranian crude. Sanction threats […]

Rivers NLC decries FG’s harsh economic policies

*NLC Chairman in Rivers State, Comrade Alex Agwanwor – Demands urgent action on pensions, wages, transport reform Mkpoikana Udoma Port Harcourt — The Nigeria Labour Congress, NLC, Rivers State Chapter, has raised alarm over what […]

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TotalEnergies and OQEP break ground at Oman’s Marsa LNG

*A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. REUTERS/Sarah Meyssonnier/File Photo Paris – Under the patronage of […]

Cairn, EMGS to execute 3D CSEM survey for deepwater exploration, offshore India

Cairn Oil & Gas, India’s largest private oil and gas E&P company, is partnering with Norway-based Electromagnetic Geoservices (EMGS), to acquire a 3D Controlled Source Electro-magnetic (CSEM) survey for its exploration campaign in the deepwater […]

TUC boycotts Workers’ Day celebration in Rivers

*Cross section of TUC members during a press briefing on Workers Day in Port Harcourt. Mkpoikana Udoma Port Harcourt — The Trade Union Congress of Nigeria, TUC, Rivers State chapter, on Thursday boycotted the 2025 […]

Argentina’s YPF to apply Globant AI technology across supply chain operations

YPF, the largest non-U.S. shale oil operator, and Globant, a digitally native company focused on reinventing businesses through digital technology, have signed a Memorandum of Understanding (MoU) that marks a significant milestone in the transformation […]