December 03, 2025 Saudi Arabia has launched production at the giant Jafurah natural gas field, the largest non-associated gas development in the Kingdom, which is key to the Saudi goal to significantly boost its gas processing capacity to meet rising demand. Aramco, the state oil giant, has completed the first phase of the Jafurah Gas […]Read More
Dangote Group announced that it has entered a strategic partnership with Honeywell International Inc to support the next phase of expansion of the Dangote Petroleum Refinery. This collaboration will provide advanced technology and services that will enable the refinery to increase its processing capacity to 1.4 million barrels per day by 2028, marking a major […]Read More
… seeks legislative backing for Nigeria First Policy President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has criticised the crude supply practices of international oil companies, insisting that Nigeria has no justification for importing crude or refined petroleum products if existing laws are properly enforced. Speaking during a visit by the South South Development Commission (SSDC) […]Read More
December 01, 2025 Iraq’s Khor Mor gas field, the country’s largest non-associated gas field, has resumed operations after it shut down following a recent drone attack. Last week, a rocket struck a storage tank at the Khor Mor site, stopping production and triggering widespread power outages. The drone attack was one of the largest since terrorist […]Read More
December 1, 2025 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the official commencement of the Nigeria’s 2025 oil licensing round has officially commenced with the opening of the portal for prospective investors to bid. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced this today, with assurance of transparency in the process. The bid […]Read More
December 01, 2025 TotalEnergies SE (TTE) is expanding its global exploration partnership with Chevron, signing a farmout deal that hands the U.S. major a 40% stake in two offshore Nigeria licenses—PPL 2000 and PPL 2001—while retaining operatorship. The licenses, covering roughly 2,000 square kilometers in the West Delta basin, were awarded in Nigeria’s 2024 Exploration Round to […]Read More
December 1, 2025 Dangote Petroleum Refinery has announced plans to supply one billion, five hundred million litres of Premium Motor Spirit (PMS) monthly to the Nigerian market in December 2025 and January 2026, a move aimed at ensuring uninterrupted nationwide fuel availability through the festive season and into the New Year. President and Chief Executive […]Read More
November 30, 2025 OPEC and its allies agreed on Sunday to keep oil output levels unchanged through the end of 2026, reaffirming their production control framework amid mounting concerns over a looming supply glut and weakening prices. The decision came at the 40th OPEC and non-OPEC Ministerial Meeting, where members endorsed a new mechanism to assess national […]Read More
November 28, 2025 Brazil’s energy major Petrobras has revised its spending plans for the next five years, prompted by the steady and persistent decline in oil prices. The company now plans to spend 2% less than previously expected over the period between 2026 and 2030. Petrobras will also pay less dividend, Reuters reported, citing the company’s […]Read More
November 27, 2025 China’s PetroChina and state-owned pipeline operator PipeChina have jointly established two major gas storage companies, part of Beijing’s broader effort to expand natural gas capacity and stabilize energy supply amid growing demand. According to corporate registration data, the new ventures — Liaohe Gas Storage in northeast China and Xinjiang Gas Storage in the northwest […]Read More
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