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News Ticker
  • [ October 1, 2026 ] Ima gas project to add 350MMscfd to Nigeria supply by 2028 News
  • [ October 1, 2026 ] East African oil pipeline beset by delays News
  • [ September 30, 2026 ] Shell Nigeria Gas Reaffirms Commitment to Nigeria’s Gas Future News
  • [ September 30, 2026 ] Navy links oil asset security to higher crude production News
  • [ September 29, 2026 ] Ekpo presses AMNI, TotalEnergies on timely Ima gas project delivery News
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Oil steadies amid EU trade talks, OPEC+ meeting

(Bloomberg) – Oil was steady as the market weighed the prospect for easing trade tensions between the European Union and the U.S. ahead of an OPEC+ meeting on supply policy. Brent traded below $65/bbl, after a […]
News

Crude oil prices see volatility risks as supply and geopolitical concerns affect sentiment

*Oil prices Lagos — Crude oil futures could face additional volatility as markets face output increases and geopolitical risks. Geopolitical concerns could affect the market and support prices. Heightened tensions in the Middle East and Eastern […]
News

BPP mulls tripartite framework for CNG rollout across MDAs

*Presidential Compressed Natural Gas Initiative. – CNG adoption will ease cost burden on Nigerians Mkpoikana Udoma Port Harcourt — The Bureau of Public Procurement, BPP, is considering the establishment of a tripartite coordination framework involving […]
News

Oil shifts as traders consider OPEC+ outlook, easing trade tensions

(Bloomberg) – Oil fluctuated as the market weighed easing trade tensions against the outlook for rising OPEC+ supply. Brent traded below $65 a barrel, erasing earlier gains. U.S. President Donald Trump extended the deadline for […]
News

First oil achieved from Mero-4 field in Santos basin, offshore Brazil

Oil production has started from the fourth development phase of the Mero field off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos basin. The field is operated […]
News

Troops smash 19 illegal refineries, recover petroleum products in Niger Delta

*Nigeria Army destroys illegal refining sites in Rivers State. Mkpoikana Udoma Port Harcourt — The Nigerian Army has announced a major breakthrough in its ongoing anti-crude oil theft operations across the Niger Delta, with troops […]
News

OPEC+ discusses making another large output hike in July

*People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. Bengaluru […]
News

Canada’s new energy chief pushes oil sands to build carbon-capture systems

(Bloomberg) — Canada’s new energy minister said it’s critical to build carbon-capture systems for the oil sands and identified crude and natural gas exports as a major priority for Prime Minister Mark Carney’s government. […]
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 […]
News

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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Recent News

  • Ima gas project to add 350MMscfd to Nigeria supply by 2028

    Ima gas project to add 350MMscfd to Nigeria supply by 2028

    October 1, 2026
  • East African oil pipeline beset by delays

    East African oil pipeline beset by delays

    October 1, 2026
  • Shell Nigeria Gas Reaffirms Commitment to Nigeria’s Gas Future

    Shell Nigeria Gas Reaffirms Commitment to Nigeria’s Gas Future

    September 30, 2026
  • Navy links oil asset security to higher crude production

    Navy links oil asset security to higher crude production

    September 30, 2026
  • Ekpo presses AMNI, TotalEnergies on timely Ima gas project delivery

    Ekpo presses AMNI, TotalEnergies on timely Ima gas project delivery

    September 29, 2026
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