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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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ADNOC Drilling CFO sees $500 million of acquisitions this year

(Bloomberg) – The drilling unit of the United Arab Emirates’ biggest oil company expects to make three acquisitions in the second half of this year totaling about $500 million, as it expands in […]
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OPEC April oil output edges lower despite plans for hike, survey finds

*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. London […]
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Oil rises as focus shifts to U.S., China trade talks after UK deal

(Bloomberg) – Oil rose as algorithmic traders fled short positions amid renewed optimism about trade talks between the U.S. and China this weekend. West Texas Intermediate climbed 1.9% to settle near $61 a barrel, the […]
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Kazakhstan says it has no plans to cut oil production this month

(Bloomberg) — Kazakhstan, which has created tensions within OPEC+ by consistently breaching its production limit, has no plans to cut oil output in May, the country’s Energy Ministry said. Central Asia’s largest oil […]
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US oil and gas rig count falls to lowest since January

*US weekly offshore rig count. Houston — U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes (BKR.O), opens new […]
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Thailand bids to join Alaska gas project before tariff talks

(Bloomberg) – Thailand said it’s interested in co-developing a massive gas pipeline project in Alaska backed by President Donald Trump, as the Southeast Asian nation explores ways to cut its $46 billion trade surplus with […]
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Oman considering $8 billion sale of natural gas assets, sources say

(Bloomberg) – Oman is looking to sell a stake in natural gas assets valued at about $8 billion, according to people familiar with the plan, as the sultanate seeks to raise cash to shore up […]
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ConocoPhillips cuts spending forecast amid lower oil prices

ConocoPhillips CEO Ryan Lance (Bloomberg) — ConocoPhillips became the latest U.S. oil explorer to cut spending after a drop in crude prices below $60 a barrel this year. The Houston-based oil giant cut […]
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Jobs held steady in April amid broad economic shifts, says Energy Workforce

The Energy Workforce & Technology Council has released its April 2025 jobs report, indicating a steady employment trend in the energy services sector despite broader market transitions and ongoing global trade uncertainty. Total […]
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Crude oil rebound reflects optimism over the U.S.-China dialogue

*Global oil flow. Lagos — The crude oil market experienced a notable price increase, driven by renewed optimism surrounding the upcoming trade negotiations between the United States and China. This surge led to a rebound […]

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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
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    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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