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[ May 3, 2026 ] NMDPRA warns marketers, backs Dangote’s ₦1,820 Jet A1 price News
[ May 3, 2026 ] NUPRC moves to boost domestic gas supply with NLNG push 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

Gas flaring from offshore operations costs Nigeria N118bn in 2 months – NOSDRA

*Gas flaring at an offshore oil facility Lagos — The National Oil Spill Detection and Remediation Agency, NOSDRA, says gas flaring from offshore oil and gas operations led Nigeria to a loss of $78.2 million […]

PETROAN urges crude supply to local refineries to sustain their operations

PETROAN Lagos — The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has has called for adequate crude oil supply the local refineries. The Association made the call as it applauded the recent licensing […]

CHC, Court Helicopters partner to enhance offshore safety, transportation in Namibia

CHC Helicopter (CHC) has signed a Memorandum of Understanding (MoU) with Namibian aviation operator Court Helicopters. The agreement outlines both parties’ intent to explore a strategic collaboration to search and rescue (SAR) and crew change […]

Ecopetrol working to ensure continuation of offshore gas projects in Carribean

Ecopetrol S.A. has initiated a joint plan to determine the best alternative to ensure the continuity of the projects in the Southern Caribbean following Shell’s decision to withdraw from its offshore assets in said region. […]

Sahara Group, Amigo LNG collaborate to boost global energy access & security

*(L-R): Shaldine Wang (CFO LNG Alliance), Flavien Port, LNG Trader, Sahara Energy Int’l Geneva, Muthu Chezhian, CEO LNG Alliance), Kola Motajo, Director Sahara Group and Yomi Bension, Director, Sahara Group at the execution ceremony of […]

‘Smugglers still reaping big despite fuel subsidy removal’

*Seized cargo of petrol Mkpoikana Udoma Port Harcourt — The Nigeria Customs Service, NCS, has raised the alarm that the removal of fuel subsidies has failed to curb the rampant smuggling of petrol across Nigeria’s […]

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Upstream M&A reached $17 billion in Q1 2025, Enverus says

Enverus Intelligence Research (EIR), a subsidiary of Enverus, is releasing its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year. The M&A summary follows Enverus’ release of Investor Analytics, a […]

Vitol steps up Venezuela oil buying before U.S. license lapses

(Bloomberg) — Vitol Group has stepped up oil purchases in Venezuela in the final weeks of a U.S. license that allows the world’s largest independent oil trader to do business in the sanctioned nation. […]

US plans Alaska LNG summit, will urge Japan, South Korea to support project

Trump has touted the $44 billion Alaska liquefied natural gas project, which would deliver gas from the state’s North Slope fields via an 800-mile (1,300-km) pipeline for domestic use and also ship it to customers […]

Elliott wants BP to change structure, oust strategy chief, source says

Elliott holds a stake of a little more than 5% in BP, placing the investor between other top shareholders BlackRock and Vanguard, according to LSEG data. BP’s strategy, sustainability and ventures arm is led by […]