Oil & Gas Industry

IPMAN Issues Seven-Day Ultimatum Over N100bn Unpaid Claims

IPMAN Issues Seven-Day Ultimatum Over N100bn Unpaid Claims

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has given the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) a… Read More

5 months ago

Why Is PMS Consumption Rising in Nigeria Despite Subsidy Removal and Rising Inflation Rates?

Data from NMDPRA shows that the 2024 daily average consumption of PMS continued to rise, from January to December, despite… Read More

6 months ago

Angola’s Fiscal Reforms Spark Offshore Oil and Gas Exploration Revival

Angola’s oil and gas sector is experiencing a resurgence, driven by fiscal reforms introduced since President João Lourenço assumed office… Read More

6 months ago

TotalEnergies Is Recruiting HSE Superintendent

TotalEnergies is a leading global energy company committed to sustainable development and responsible innovation. With operations across over 130 countries,… Read More

6 months ago

Egypt Secures $3 Billion LNG Deals with Shell and TotalEnergies – Shifts to Importer

Egypt has secured long-term liquefied natural gas (LNG) agreements valued at approximately $3 billion with Shell and TotalEnergies. These deals,… Read More

6 months ago

OPEC+ Stands Firm Against Trump’s Pressure for Lower Oil Prices

Donald Trump's White House return fuels global oil price debate, calling on OPEC+ for higher production to slash oil prices… Read More

6 months ago

TotalEnergies $20 billion African LNG project has hit roadblock after failure to secure backing from Biden administration

TotalEnergies ambitious $20 billion Mozambique Liquefied Natural Gas (LNG) project has hit a significant roadblock after failing to secure crucial… Read More

6 months ago

Shell Increases Dividend by 4% Despite Earnings Decline in Q4 2024, Reports $23.7 billion Full Year Earning

Shell, reported a significant drop in adjusted earnings for the last quarter of 2024, with profits amounting to $3.7 billion.… Read More

6 months ago

Saudi Aramco Secures First U.S. Crude Shipment, Shaping Brent Oil Benchmark

Saudi Aramco, the world's largest oil firm, has purchased its first cargo of WTI Midland, a U.S. crude oil grade… Read More

6 months ago

Dangote Refinery Refutes Allegations of Role in Rising Petrol Pump Prices

In a recent development, the Dangote Refinery has officially denied allegations of influencing the hike in petrol pump prices across… Read More

7 months ago