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Latest:
  • U.S. judge voids 80 million acres of offshore oil and gas leases
  • ‘We Have Enough Petrol To Meet Needs Of Nigerians,’– NNPC Reacts To Fuel Queues
  • Brent hits $90 for first time since 2014 on supply jitters
  • Hilcorp employees in line for $75,000 bonuses after meeting multi-year goals
  • Iran bases its 2022 budget on $60 oil
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Oil news
April 2, 2019 admin

Shell Pays Nigerian Govt, Agencies $6.397BN …Pledges Greater Corporate Transparency

Over $6.397 billion was paid to the Nigerian government and its agencies in 2018 by Shell exploration and production companies

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Environment and Safety
April 1, 2019 admin

Safety Tips for Oil and Gas Industry Workers

Workers in the oil and gas extraction industry continue to be one of the highest at risk of injuries and

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Oil news
February 6, 2019 admin

The Curious Case of Norway’s 60 MMbbl of Missing Oil

Norway has built a reputation as one of the calmest and most predictable corners of the global oil industry, but

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News
February 6, 2019 admin

ExxonMobil Earned $20.8 billion in 2018, $6 billion in Fourth Quarter

ExxonMobil Corporation has announced estimated 2018 earnings of $20.8 billion, or $4.88 per share assuming dilution, compared with $19.7 billion

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Oil news
February 5, 2019 admin

U.S. Sanctions Put Pressure on Rosneft’s Venezuelan Investment

As U.S. sanctions against Venezuela’s state oil company ripple through the market, there’s one company with more at stake than

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News
February 5, 2019 admin

NNPC Increases Gas Supply to Power

…Records Monthly Trading Surplus of ₦2.06Billion A total of 735 Million Standard Cubic Feet of gas per day (mmscfd) was

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NewsOil Crisis
January 25, 2019 admin

Focus on climate change: Oil producers told to curb natural gas flaring from fields

India burns about 850 million standard cubic metres of natural gas annually, about 2.6% of the total gas it produces.

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Oil news
January 22, 2019 admin

Turkey ship strait delays stalling dozens of oil tankers

LONDON (Bloomberg) — Oil tankers exporting Kazakh and Russian crude from ports in the Black Sea are contending with spiraling

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News
January 22, 2019 admin

OPEC daily basket price stood at $61.49 a barrel Monday, 21 January 2019

Vienna, Austria, 22 January 2019–The price of OPEC basket of fourteen crudes stood at $61.49 a barrel on Monday, compared with $60.90

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News
January 10, 2019 admin

NNPC to Crash Price of Cooking Gas

The Nigerian National Petroleum Corporation (NNPC) is set to implement effective commercial framework that would halt the export of propane

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Latest News

  • U.S. judge voids 80 million acres of offshore oil and gas leases January 28, 2022
  • ‘We Have Enough Petrol To Meet Needs Of Nigerians,’– NNPC Reacts To Fuel Queues January 27, 2022
  • Brent hits $90 for first time since 2014 on supply jitters January 26, 2022
  • Hilcorp employees in line for $75,000 bonuses after meeting multi-year goals December 12, 2021
  • Iran bases its 2022 budget on $60 oil December 12, 2021
  • Pemex plans to cut oil exports to meet domestic fuel demand December 10, 2021
  • Shell investors endorse UK headquarters move December 10, 2021
  • Biden halts federal aid for overseas fossil fuel projects – with plenty of exceptions December 10, 2021
  • Seeq signs industrial digitalization agreement with Saudi Aramco December 9, 2021
  • Canada’s oil output may start declining in 2032, regulator says December 9, 2021

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