April 09, 2026 The state refiner of Taiwan and commodity trading giant Glencore have each booked a tanker to travel to the Middle East and load oil, in a sign that crude customers are hoping for a re-opening of the Strait of Hormuz after the announcement of the U.S.-Iran ceasefire. CPC, Taiwan’s state refiner, has […]Read More
 Adeleye Falade has officially assumed office as the Managing Director and Chief Executive Officer of NLNG. He took up the role on Wednesday at the company’s Corporate Head Office in Port Harcourt, succeeding Philip Mshelbila, who was recently appointed Secretary-General of the Gas Exporting Countries Forum (GECF). General Manager, External Relations and Sustainable Development, Sophia […]Read More
April 01, 2026 BP’s new chief executive officer Meg O’Neill has pledged consistency and clear direction in her first message to staff as she takes over the top job at the UK-based supermajor effective April 1, amid very turbulent times for both the company and the energy industry. “I’m committed to providing clear direction and […]Read More
March 18, 2026# China could come out on top – or at the very least vindicated – as a result of the United States’ and Israel’s war in Iran. As the world reels from skyrocketing oil prices and general energy market volatility, China is reaping the rewards of the huge energy stockpiles that it has […]Read More
March 16, 2026 President Bola Ahmed Tinubu, accompanied by the First Lady, Senator Oluremi Tinubu, will depart Abuja on Tuesday, March 17, for a State Visit to the United Kingdom as guests of Their Majesties King Charles III and Queen Camilla. King Charles will host President Tinubu and his wife at Windsor Castle from Wednesday, […]Read More
March 13, 2026 President Bola Ahmed Tinubu, GCFR, has approved the establishment of a Presidential Petroleum Reform & Value Optimisation Taskforce to design and sequence the next phase of structural reforms in Nigeria’s petroleum sector. Mr Fola Adeola, co-founder of Guaranty Trust Bank and founder and chairman of the Fate Foundation, is the Task Force’s […]Read More
The Management of Eko Electricity Distribution Company has issued an apology statement to all its customers that are currently experiencing electricity interruption under its network coverage area. According to the statement, the three-day planned outage effective 13 March 2026 was due to an equipment upgrade at Waterfront Injection substations, which involves replacing obsolete 11kV panels […]Read More
March 10, 2026 Saudi Aramco reported net profits of $104.7 billion for 2025, down by 12% on the year amid persistently low oil prices last year. The company also said it would buy back up to $3 billion over the next 18 months. The company’s free cash flow at the end of 2025, however, was […]Read More
Mar 04, 2026 Oil and fuel futures and options contracts traded on Monday hit an all-time high as traders rushed to lock in surging benchmark prices, Reuters has reported, citing ICE data. The total number of futures and options in crude and fuels reached 12.7 million, with the number of contracts for ICE’s Low Sulphur […]Read More
TotalEnergies showcased a remarkable performance at the 20th Nigeria Oil and Gas Industry Games (NOGIG 2026), placing fourth in the overall medals standings with five gold medals and ten bronze medals. This accomplishment signifies a notable advance compared to the firm’s sixth-place outcome at the 19th event held in 2024. The weeklong competition, which commenced […]Read More
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