The Nigerian Extractive Industries Transparency Initiative (NEITI) has called for the urgent review of the country’s obsolete Deep Offshore and Inland Basin...
…as calls for PIGB assent mounts Despite being in charge of the Nigeria’s vast oil and gas resources and controlling majority...
Oil prices soared Friday as a divided OPEC came together and agreed to modest production increases of 1 million barrels a day....
Petrobras has initiated the non-binding phase for sales of its interests in further fields offshore Brazil, according to Offshore report. The latest...
ExxonMobil and its partners have achieved an eighth deepwater oil discovery in the Stabroek block offshore Guyana. The Longtail-1 exploration well, spudded...
Shell Gas Holdings (Malaysia) has completed the sale of its 15percent stake in Malaysia LNG Tiga (MLNG Tiga) to the Sarawak State...
Brazil’s new local content regulations could fasttrack the deployment of FPSO units, boosting presalt oil production by more than 21 Bbbl by...
Despite slump in oil prices, the Nigerian National Petroleum Corporation (NNPC) has outlined plans to attract private investments, ensure sustainable development and...
US President Donald Trump has declared that oil prices are too high and blaming the Organisation of Petroleum Exporting Countries and non-OPEC...
Drilling, according to ExxonMobil’s latest progress report, started last month on the first of 17 wells planned for the Liza Phase 1...
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Dangote Petroleum Refinery and Petrochemicals has increased its crude oil processing capacity to 700,000...
Nigeria’s crude oil production has surged to an 11-month high in May, 2026, with...
