NOGOF 2025: Bayelsa Calls for PIA Review to Boost Project Oversight
Bayelsa State Governor, Senator Douye Diri, has called for a review of the Petroleum Industry…
PETROAN Urges Prompt Rehab of NNPCL Refineries to Lower Transportation Costs
PETROAN has called for the timely completion of rehabilitation works on the Port Harcourt, Warri,…
Goldman Sachs Forecasts Oil Demand Rise Amid Low Prices
Goldman Sachs raised its global oil demand forecast to 600,000 bpd for 2025 and 400,000…
Non-Operated Assets Threaten NNPCL’s 3m bpd Target – Report
NNPCL may need to optimize non-operated assets as a Wood Mackenzie report warns production could…
Nigeria Tops Shell’s Government Payments
In 2023, Shell PLC paid a total of $28.1 billion to governments in 24 countries…
Shell Reports a 122% Increase in Oil Spill Incidents in Nigeria in 2024
Shell Plc reported a significant rise in oil spills in Nigeria in 2024, with its…
Renaissance Africa Exceeds Oil Target by 40%
Renaissance Africa Energy Company Limited announced it exceeded its oil production target by 40% in…
The Resurgence of Peak Oil
“Peak oil” has long stirred debate and confusion. Often misunderstood, it refers not to running…
Meren Energy Inc. Issues Statement on Oil Production Developments in Nigeria
Africa Oil, soon to be renamed Meren Energy Inc., has provided an update on its…
NNPCL, Sahara Group Boost Energy, Sustainability Ties
Sahara Group and NNPCL have agreed to strengthen their collaboration to enhance energy access and…