Recent actions taken by the Mexican government threaten the important progress that has been made between U.S. energy companies and Mexico’s oil industry.
If things go as planned, President Muhammadu Buhari will flag off the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline construction on June 30. The Nigerian National Petroleum Corporation (NNPC) has been developing the 614km-long natural gas pipeline.
Shell plans to announce a major restructuring by the end of the year as the energy company prepares to accelerate its shift towards low-carbon, CEO Ben van Beurden told employees, a company source said.
The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), yesterday, suspended the planned three-day warning strike.
The Nigerian National Petroleum Corporation has recorded its first operational loss since October 2018. The corporation yesterday announced a trading deficit of N9.53bn for March 2020, which stood out as the oil firm’s first operational loss since October 2018.
Three platforms have been removed from the Dutch sector of the North Sea by the offshore operator Neptune Energy. The three facilities, namely L10-C, L10-D, and L10-G, stopped production in 2016.
The prices of gas consumed across the country would be reviewed by the Federal Government soon. This is a strategy to help deepen the use of Liquefied Petroleum Gas, popularly called cooking gas
The Salina Cruz refinery which is Mexico's largest oil refinery has gone offline after a fire broke out in the refinery following a 7.4 magnitude earthquake in the area.
The oil and gas firm, Lukoil, has started drilling an exploration well at the Shirotno-Rakushechnaya prospect structure near the VI Grayfer field in the northern part of the Caspian Sea.
In a tweet made by the Nigerian National Petroleum Corporation (NNPC) on Tuesday, the corporation disclosed it has reconstituted its board of directors.