Blog - MyPetroCareer

Fuel prices surge as petrol hits ₦1,532.93 per litre in April – NBS

*Fuel dispenser pump Precious Anga Lagos — The cost of Premium Motor Spirit (petrol) continued its upward trajectory in April 2026, as Nigerians paid an average retail price of ₦1,532.93 per litre, according to fresh data […]

Dangote Refinery emerges world’s top jet fuel exporter in April

*David Bird, Chief Executive Officer, Dangote Petroleum Refinery Precious Anga Lagos — Nigeria’s Dangote Petroleum Refinery has emerged as the world’s largest exporter of jet fuel in April, driven by increased production capacity and shifting […]

Natural gas spending to hit 10-year high in 2026 as oil investment falls, IEA says

As global energy markets remain disrupted by the Iran war, which has halted tanker traffic through the Natural gas spendingz and caused production stoppages across the Middle East, companies are accelerating ⁠investment in other geographies […]

Nigeria, Saudi Arabia move to deepen energy, investment partnership

*Nigeria’s Minister of State for Petroleum Resources (Oil) Sen. Heineken Lokpobiri, receives Saudi Arabian Ambassador to Nigeria, Yousef bin Mohammed Al-Balawi, in Abuja. Mkpoikana Udoma Port Harcourt — Nigeria and Saudi Arabia are set to […]

Oil sector holds 3.92% of Nigeria’s GDP in Q1 2026

Precious Anga Lagos — Nigeria’s oil sector accounted for 3.92 per cent of the country’s real Gross Domestic Product (GDP) in the first quarter of 2026, reflecting a slight year-on-year dip despite modest improvement in […]

NUPRC flags skills gap threat to oil sector growth

*Chief Executive of NUPRC, Mrs. Oritsemeyiwa Eyesan, with the Vice Principal for Partnerships at Robert Gordon University, Donella Beaton. Mkpoikana Udoma Port Harcourt — The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has raised concerns over […]

Nigeria’s gas output hits 687bscf as flaring falls 8%

*Gas flaring Precious Anga Lagos — Nigeria’s natural gas production recorded modest growth in the first quarter of 2026, with total output rising to 687.09 billion standard cubic feet, while gas flaring declined by more […]

Nigeria has the oil, Africa’s largest refinery is still buying it abroad

– Dangote Refinery’s $3.74bn foreign crude bill exposed the weak link inside Nigeria’s oil economy – Barrels were allocated domestically, but not delivered at the scale its refining system required *Dangote Refinery Lagos — […]

TotalEnergies launches 2026 employee share offering

*TotalEnergies Chief Executive, Patrick Pouyanne. Newswire — TotalEnergies has launched its 2026 employee share offering program, continuing the company’s long-standing effort to expand employee ownership participation across its global workforce. The company said the annual […]

Oil slips $5 as US, Iran seen moving closer to peace deal

*Traders bet on oil prices falling. Singapore — Oil prices fell more than $5 to two-week lows on Monday, as optimism grew that the United States and Iran were moving closer to ‌a peace deal, […]