October 2, 2025 The U.S. Department of Energy has canceled $7.6 billion in funding for previously approved energy projects on the grounds that they would not produce any palpable benefits for Americans. The canceled projects are 223 in total, approved by various agencies from the Department of Energy during the previous administration. However, “these projects did not […]Read More
27th September 2025 The Nigerian Liquefied Natural Gas Limited (NLNG), in collaboration with the Nigerian Content Development and Monitoring Board (NCDMB), has announced the successful completion of the Train 7 Project Human Capital Development Advanced Training Programme (HCDATP) at its plant complex in Finima, Bonny Island. The HCDATP initiative, implemented under the guidance of the […]Read More
September 26, 2025 Exxon has estimated the size of a natural gas discovery off the coast of Cyprus at between 8 and 9 trillion cubic feet, local media has reported, citing a meeting between the supermajor and the president of the island nation. “Based on preliminary data, combined with the existing ‘Glafkos’ field, [Pegasus] reserves […]Read More
September 26, 2025 The OPEC+ oil group is not hiking oil production as much as the headline figures in the agreement suggest, as some members are close to capacity while others are compensating for previous overproduction. This could come as a relief to the market, which expects a major oversupply later this year and early […]Read More
Sep 25, 2025 New Zealand has reopened for oil and gas exploration, ready to receive applications for exploration projects after a seven-year pause, following the lifting of a ban on such activity installed by the previous government. The country’s government will also accelerate the project approval process in a bid to enhance New Zealand’s energy […]Read More
… Crude Oil Production Rises 5.5% Year-On-Year Nigeria’s upstream oil sector recorded a year-on-year increase in output, averaging 1.63 million barrels per day (bopd) of crude oil and condensates in August 2025, up from 1.58 million bopd in the same period last year. This is based on Crude Oil and Condensate Production for August 2025, […]Read More
September 16, 2025 Guyana’s swift appearance as the world’s newest petrostate, along with heightened tensions between Washington and Caracas, has brought the spotlight firmly back on South America’s oil industry. The International Energy Agency (IEA) recently identified Brazil, Guyana and Argentina among the top five non-OPEC oil producers, which are driving global production growth. All three South American […]Read More
September 15, 2025 Despite very strong refinery runs in August, China had 1 million barrels per day (bpd) of more crude available than processed at refineries, suggesting that the world’s top crude importer continues to buy more oil than it needs, with most of the surplus likely going to storage. Refiners processed 14.94 million bpd […]Read More
September 14, 2025 Crude oil prices began the week with a rise, building on gains made last week, as Ukrainian drone attacks on Russian energy infrastructure continued, notably on a major oil export terminal in Primorsk, Russia’s second-largest Baltic port and largest oil export hub on the Baltic. At the time of writing, Brent crude was trading […]Read More
NLNG has outlined its strategic direction for adopting artificial intelligence (AI) across its operations. The plan is to integrate smart technologies to keep the business future-ready while reinforcing its Health, Safety and Environment (HSE) Goal Zero aspirations. Speaking at the 2025 GASTECH Conference in Milan on Wednesday during a panel session titled “Operational Excellence through the Application […]Read More
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