KEY POINTS A leadership crisis has erupted within the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, branch covering NNPC Trading Limited (NTL) and NNPC Shipping and Logistics …
KEY POINTS Oando Energy Resources, the upstream subsidiary of Oando PLC, has called for stronger collaboration among governments, regulators, oil and gas companies and host communities to unlock investment and …
KEY POINTS Italian energy company Eni has signed a new agreement with Venezuela’s state-owned oil company, PDVSA, to take operatorship of the Junin 5 oil field in the country’s Orinoco …
KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, recorded a significant decline in revenue in July 2026 as lower crude oil production and operational disruptions affected its financial performance. …
KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd, remitted N7.913 trillion in statutory payments to the Federation Account between January and July 2026, even as disruptions across several …
KEY POINTS Shell Offshore, a subsidiary of global energy major Shell, is set to acquire a 30 per cent stake in the Conifer exploration prospect in the Gulf of Mexico …
KEY POINTS South Africa’s state-owned power utility, Eskom, has reported a sharp increase in profits, marking its second consecutive profitable year after nearly a decade of financial losses. The utility …
KEY POINTS The Nigerian National Petroleum Company, NNPC, Limited recorded a sharp decline in profit and revenue in July 2026, largely due to lower crude oil and condensate sales as …
KEY POINTS The Dangote Petroleum Refinery has moved to restrict the sale of Premium Motor Spirit (PMS), commonly known as petrol, to six major oil marketers that currently hold active …
KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has provided fresh clarification on helicopter-related charges affecting Nigeria’s upstream petroleum industry, offering some relief to operators involved in offshore activities. …
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