Oil prices have risen in recent weeks on investor concern that Israel may retaliate against a missile attack from Iran, a major oil exporter and OPEC member, by hitting its oil facilities or nuclear sites. […]
Chevron today announced a donation of $250,000 to support relief and recovery efforts after Hurricane Milton devastated parts of Florida. The funds will provide support for emergency teams and volunteer efforts. “Our thoughts […]
Yenagoa — Nigerian independent producer Belemaoil Producing has resumed operations at its oil block Oil Mining Lease 55 after a three-year shutdown as a result of damage to the facility caused by theft, it said […]
Woodside Energy has announced the successful completion of the installation of the Scarborough Energy Project trunkline. When operational, the 433 km trunkline will transport gas from the offshore Scarborough field to the onshore […]
*Headquarters of the Nigeria National Petroleum Company Ltd, Central Business District, Garki, Abuja. Mkpoikana Udoma Port Harcourt — In a significant move to enhance crude oil output, Nigeria is set to add 40,000 barrels per […]
(Bloomberg) – The U.S. broadened the scope of its sanctions on Iran’s oil and gas sectors in response to a ballistic-missile attack on Israel, ramping up economic pressure on Tehran ahead of Israeli retaliation that’s […]
(WO) – Shelf Drilling, Ltd. has secured new contracts for two jack-up rigs in offshore Nigeria, paving the way for a fully executed three-year contract for the Achiever jack-up rig, and expanding their operations in […]
Lagos — Nigeria took a major step in its quest to earn revenue from its vast gas reserves, signing a deal with joint venture partners to supply gas to a proposed $3.5 billion Brass fertilizer […]
(Bloomberg) — At least one investor is making a big bet that CNX Resources Corp. will keep climbing even as the natural gas producer’s stock reached a 10-year high this week. Options trading […]
(WO) – North Sea Midstream Partners (NSMP) has announced the successful start-up of a new onshore electric-drive compressor at its Teesside Gas Processing Plant (TGPP). Delivered in partnership with INEOS and ONE-Dyas U.K. Limited, this […]
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