Nigeria’s 2024 Oil Licensing Round to Follow Petroleum Industry Act, Says NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) stated that the 2024 oil and gas licensing…
Green Flare Holding Aims to Generate Power from Flared Gas
Green Flare Holdings, a climate-tech startup, has developed technology to convert flare gas—waste gas from…
U.S. Crude Oil Stockpiles Fall by 4.3 Million Barrels Week Over Week
U.S. commercial crude oil inventories (excluding the SPR) fell by 4.3 million barrels to 436.1…
Venezuela Turns to Smaller Oil Companies Amid Chevron’s Reduced Operations
Venezuela's state-run oil company, PDVSA, has signed at least nine new contracts with foreign service…
Nigeria Seeks Oil and Gas Technical Support from Kazakhstan
Nigeria is eager to gain oil and gas expertise from Kazakhstan, Central Asia’s top producer,…
Domestic Oil Producers to Boost Nigeria’s 1 Million Barrel Production Increase
Indigenous Nigerian oil companies now produce over 50% of the country’s crude, up from 40%,…
Oando’s Financial and Production Gains Strengthened by Agip Acquisition
Oando Plc’s acquisition of Nigerian Agip Oil Company has boosted its financial and production performance.…
WED 2025: Chevron Nigeria Sets Standards in Waste Management Practices
This report highlights key initiatives by Chevron Nigeria Limited to address climate change and environmental…
Two Key OPEC+ Moves Announced Over the Last Week
Analysts at Standard Chartered Bank highlighted two major OPEC+ decisions made in the past week.…
Oil Prices Decline as Saudi Arabia Pushes for Larger Output Increases
Oil prices declined as signals emerged that Saudi Arabia is pushing for another major production…
