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  • [ June 1, 2025 ] Zephyr Energy finds strong potential during well tests in Paradox basin, Utah News
  • [ June 1, 2025 ] bp appoints former U.S. shale boss to board as part of strategy shift News
  • [ May 31, 2025 ] Drilling waste specialist TWMA reports good quarter, due to utilization of RotoMill technology News
  • [ May 31, 2025 ] NUPRC welcomes ENSERV, emphasises strategic collaboration  News
  • [ May 31, 2025 ] Natural gas bulls should bemoan Indonesia’s coal export blues News
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NUPRC welcomes ENSERV, emphasises strategic collaboration 

*NUPRC Commission Chief Executive Gbenga Komolafe Oritsegbubemi Omatseyin  Lagos — In a pivotal meeting held in Abuja, the Nigerian Upstream Petroleum Regulatory Commission, NUPRC,and NNPC Energy Services, ENSERV, have agreed to enhance their collaboration in […]

News

Tinubu issues Executive Order to slash oil production costs

*Olu Verheijen Mkpoikana Udoma Port Harcourt — In a major policy move aimed at revitalizing Nigeria’s upstream oil and gas sector, President Bola Ahmed Tinubu has signed the Upstream Petroleum Operations Cost Efficiency Incentives Order, […]

News

NLNG launches Train-7 Human Capacity Development BTSP in Rivers

*NLNG Train-7 project’s Human Capital Development, HCD, Basic Training Supplementary Programme. Mkpoikana Udoma Port Harcourt — The Nigeria LNG Limited has affirmed its commitment to youth empowerment and local content development with the official launch […]

News

Shell to buy TotalEnergies’ stake in Nigeria deepwater field for $510 million

TotalEnergies has signed an agreement with Shell to sell its 12.5% interest in the Bonga oil field, offshore Nigeria, for $510 million. The OML118 Production Sharing Contract (PSC) is located deep offshore at ~74 mi […]

News

TotalEnergies sells 12% Bonga oilfield stake to Shell for $510m

*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 News wire — French oil major […]

News

Nigeria pushes intra-African gas trade agenda at AET conference

*Ekperikpe Ekpo Mkpoikana Udoma Port Harcourt — Nigeria has reaffirmed its commitment to driving intra-African gas trade as a cornerstone for regional energy security and sustainable development, with the Minister of State for Petroleum Resources […]

News

Nigeria targets 12Bcf gas output, eyes top 10 global ranking by 2030

*Ekperikpe Ekpo Mkpoikana Udoma Port Harcourt — The Federal Government has issued a directive to major gas producers in Nigeria to ramp up daily gas output by at least 1billion standard cubic feet, bscf, annually […]

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

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 […]

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