Petroleum marketers foresee lower transport costs after fuel price cut.
PETROAN expects lower transport fares after NNPCL and Dangote refinery reduced petrol's ex-depot price. The…
China urges refiners to reduce fuel production and focus on chemicals.
China is pushing refiners to cut fuel production and boost petrochemical output as EV adoption…
Shell says domestic gas growth and monetization need dedicated infrastructure.
Shell urges infrastructure development to boost domestic gas growth and monetization. SNG MD Ralph Gbobo,…
IPAA issues statement before President Trump’s Congress address.
IPAA President & CEO Jeff Eshelman issued a statement ahead of President Trump’s Congress address.…
New Stratus Energy exits Venezuela fields.
New Stratus Energy (NSE) has dissolved its joint venture (JV) for four onshore oilfields in…
Shell restructures its executive committee in preparation for a new strategy.
Shell is reshuffling its executive committee as Zoe Yujnovich steps down as Integrated Gas and…
Rosneft’s Ufa refinery in Bashkortostan catches fire.
A fire broke out at Rosneft's Ufa refinery in Bashkortostan early Monday, reportedly after "technological…
VAALCO acquires 70% stake in West Africa offshore block
VAALCO Energy has officially entered into a farm-in agreement for the CI-705 block, an offshore…
NNPCL Exploration Aims for 550,000 BPD by 2027
NNPC Exploration and Production Limited (NEPL) aims to boost oil output to 550,000 BPD by…
US to Supply One-Third of Global LNG by 2035: Shell
Shell projects the U.S. could supply one-third of global LNG demand by 2035, doubling Japan…
