Oil & Gas
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Nigerian content compliance non-negotiable, NCDMB insists
The Nigerian Content Development and Monitoring Board (NCDMB) has insisted that compliance with Nigerian content regulations in the oil and…
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USA EIA reveals latest oil price forecasts
The United States Energy Information Administration (EIA) has released its latest oil price forecasts. In the May short term energy…
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Iran opens Strait of Hormuz to Chinese ships
Iran last week opened the Strait of Hormuz to allow some Chinese oil ships move, in compliance with its management…
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UK mulls ban on New North Sea oil & gas licences
The United Kingdom (UK) government has disclosed a move to introduce a legislation banning new North Sea oil and gas…
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UAE to double oil export, bypassing Hormuz Strait by 2027
In a move to reduce reliance on shipping chokepoints on the Strait of Hormuz, the United Arab Emirates will double…
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NNPC makes case for stronger gas financing in Africa
The Nigerian National Petroleum Company Limited (NNPCL) has called on African countries to strengthen financing structures and improve payment systems…
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Dangote renews legal battle with Nigeria over fuel import permits
Dangote Petroleum Refinery has launched a fresh lawsuit seeking to overturn fuel import licences issued to the Nigerian National Petroleum…
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Local content implementation hits 61% with 50,000 jobs – NCDMB
The Nigerian Content Development and Monitoring Board (NCDMB) has disclosed a milestone in the implementation of local content in the…
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Shell, other energy giants report higher profits amid Iran war
Shell has joined energy giants with a rise in profits following the sharp increase in oil prices since the beginning…
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Australia plans one billion litre national fuel stockpile
Australia has disclosed plans to establish a national fuel stockpile of one billion litres to prevent the nation from an…
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