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  • [ May 16, 2025 ] Oxy and ADNOC’s investment firm to explore carbon capture solutions in Texas News
  • [ May 16, 2025 ] Renaissance surpasses oil output target by 40% in first month News
  • [ May 16, 2025 ] Sinopec sets vertical depth record for shale gas well in China News
  • [ May 15, 2025 ] Perenco discovers more gas in Onyx well, offshore Trinidad News
  • [ May 15, 2025 ] Fuel cells for faster fuelling and falling emissions  News
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Renaissance surpasses oil output target by 40% in first month

Mkpoikana Udoma Port Harcourt — In a striking debut, Renaissance Africa Energy Company Limited has exceeded crude oil production targets by 40 percent in its first month of operating the former Shell Petroleum Development Company, […]

News

Fuel cells for faster fuelling and falling emissions 

*Hydrogen Fuel Cell Electric Vehicle. Lagos — Fuel-cell electric vehicles (FCEVs) offer a new opportunity for the transport sector to significantly reduce emissions, with only water vapor being produced as a result of their operation. […]

News

Africa urged to end billion-dollar gas flaring

*A reflection of two gas flaring furnaces is seen in the pool of oil-smeared water at a flow station in Ughelli, Delta State. Paris, France — In a continent striving for energy access and industrial […]

News

Tullow Oil finalizes terms to sell Gabon assets in $300 million deal

*Tullow Oil personnel on an oil platform. Lagos — Tullow Oil has formally signed an agreement with Gabon Oil Company to sell 100% of its working interests in Gabon for total cash consideration of $300 […]

News

Seplat Energy commits to leading Nigeria’s indigenous gas revolution

Oritsegbubemi Omatseyin Lagos — Seplat Energy, has reiterated its commitment to leading Nigeria’s indigenous gas revolution, with a strong belief in energy for all, powered by gas, guided by sustainability and driven by Nigerian expertise. […]

News

Troops uncover 15km oil theft pipeline in Rivers state

*Army troops record success in Niger Delta operations. Mkpoikana Udoma Port Harcourt — The Nigerian Army has uncovered a 15-kilometre hose connected to an illegal crude oil loading point in the Orashi Game Reserve/Okolomade area […]

News

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 […]

News

Stakeholders hail PINL’s achievements in protecting TNP

*Stakeholders at the appraisal meeting organized by PINL in Port Harcourt on Thursday. Mkpoikana Udoma Port Harcourt — Stakeholders in the Niger Delta have commended Pipeline Infrastructure Nigeria Limited, PINL, for its strategic role in […]

News

Crude prices volatile amid trade talks optimism and output concerns

*Crude oil prices climb. Lagos — Crude oil prices were recording some volatility and rebounded to a certain extent, supported by optimism ahead of U.S.-China trade talks. The announcement that U.S. Treasury Secretary Scott Bessent […]

News

Nigeria’s oil production declines by 4.37% in March 2025

*Offshore Nigeria Lagos — The Organization of Petroleum Exporting Countries (OPEC) April Monthly Oil Market Report reveals that Nigeria’s average daily crude oil production (based on direct communication) declined by 4.37% (64,000 bpd), from 1.465 […]

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