20 April 2026

Nigeria’s upstream oil, gas sector attracts $24bn investment – Ojulari

- Nigeria

The Group Chief Executive Officer of NNPC Ltd, Mr. Bashir Bayo Ojulari, has hinted that announced at OLEF 2026 that Nigeria’s upstream oil and gas sector has attracted over $24 billion in capital investment ...

20 April 2026

Massive fire at Russia's Tuapse Oil Refinery after Ukrainian drone strike

- Global

ALBAWABA - Russia said that Ukrainian drones struck the Tuapse Oil Refinery in southern Krasnodar Krai during an overnight attack on April 20, causing a massive fire ...

20 April 2026

Oil prices jump, markets shake amid US-Iran ceasefire uncertainty

- Global

New Delhi: Global energy prices surged on Monday as the Islamic Revolutionary Guard Corps announced the imminent closure of the Strait of Hormuz ...

19 April 2026

Navy intensifies anti-oil theft war, recovers over ₦2.5bn products in Rivers operations

- Nigeria

The Nigerian Navy has stepped up its offensive against crude oil theft, recording major operational breakthroughs under Operation DELTA SENTINEL ...

20 April 2026

Global Oil Prices Surge Over 5% as Iran Recloses Strait of Hormuz, Sparking Fresh Energy Crisis Fears

- Global

World petrol prices jumped sharply Monday amid renewed tensions in the Strait of Hormuz ...

17 April 2026

Energy NL names new board, chair to guide Newfoundland offshore energy industry

- Global

(WO) - Energy NL has appointed a new board of directors following its Annual General Meeting in St. John’s, Newfoundland and Labrador, with new leadership set to guide the province’s offshore energy supply and service sector ...

15 April 2026

Nigeria loses $226bn revenue following oil suspension in Ogoniland: PINL

- Nigeria

Nigeria has lost an estimated $226.734 billion in revenue from the suspension of crude oil production across 96 wells in Ogoniland over the past 32 years ...

07 April 2026

Crude Oil: Middle East Crisis Pushes Buyers To Focus On Nigeria, Other African Producers

- Nigeria

Global energy analysts have predicted that Nigeria, along with other oil-producing African countries, will become a major beneficiary of the ongoing Middle East conflict ...

07 April 2026

Indigenous firms now anchor Nigeria’s oil industry stability – PETAN

- Nigeria

Nigeria’s oil and gas sector is undergoing a quiet but profound shift, with indigenous service companies emerging as the true stabilising force behind industry operations, the Petroleum Technology Association of Nigeria (PETAN) has declared ...

06 April 2026

U.S. shale producers move to boost output as oil surges past $100

- Global

(Bloomberg) — U.S. shale drillers are expected to follow President Donald Trump’s call for higher oil production — but not just because he said so ...

05 April 2026

Trump administration to reunite offshore drilling agencies split after Deepwater Horizon spill

- Global

(Bloomberg) — The U.S. Interior Department said it’s merging two oversight agencies to create a Marine Minerals Administration and move toward a “more modern, coordinated approach” to managing offshore resources, including critical minerals ...

04 April 2026

PENGASSAN suspends strike at Seplat following NNPCL intervention

- Nigeria

The Petroleum and Natural Gas Senior Staff Association of Nigeria has suspended its industrial action against Seplat Energy Plc ...

02 April 2026

Continental Resources to boost U.S. oil output as crude tops $100

- Global

The Petroleum and Natural Gas Senior Staff Association of Nigeria has suspended its industrial action against Seplat Energy Plc ...

23 March 2026

Oil exports: Nigeria, others to benefit from rising crude oil prices, says IMF

- Nigeria

The International Monetary Fund (IMF) at the weekend, predicted significant recovery in Nigeria’s Balance of Payment (BoP) following ongoing surge in crude oil prices ...

23 March 2026

OPL 245: Nigeria’s oil sector set for major leap

- Nigeria

Exploration and production activities are about to commence at one of Nigeria’s biggest oil fields, OPL 245 popularly known around the world as Malabu ...

23 March 2026

Singapore‑Based WPH Digital Among the First AI‑Focused Digital Companies in Asia to Achieve ISO/IEC 42001:2023, Setting a Global First for Oil & Gas AI Governance

- Global

SINGAPORE--(BUSINESS WIRE)--WPH Digital PTE. LTD., a Singapore-based AI and Digital Service Provider, announced today that it has become one of the first AI and Digital Service Providers ...

22 March 2026

Oil prices plunge 11% on US-Iran talks to resolve the hostilities in the Middle East

- Global

NEW YORK, March 23 (Reuters) - Oil prices dropped about 11% to a one-week low on Monday after U.S. President Donald Trump said ...

22 March 2026

U.S. targets Iran positions near Strait of Hormuz as oil market tensions rise

- Global

(Bloomberg) - U.S. officials signaled an intensifying military campaign against Iran focused on securing access to the Strait of Hormuz ...

20 March 2026

Brazil, Mexico weigh Petrobras–Pemex tie-up for offshore oil exploration

- Global

(Bloomberg) – Brazil President Luiz Inacio Lula da Silva said he spoke with Mexican leader Claudia Sheinbaum about a possible exploration ...

11 March 2026

Nigeria’s oil output drops for seven consecutive months to 1.46m bpd

- Nigeria

Nigeria has missed its oil production quota for the seventh consecutive month, with crude output falling to 1.46 million barrels per day (bpd) in January 2026 ...