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By YANGE IKYAA There has been no net change to the number of active drilling rigs in the United States this week, as the total rig count stays at 569, a figure which is 246 up from this time last year. However, active rigs are…
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By YANGE IKYAA A South African court has ruled that Royal Dutch Shell Plc can proceed with a seismic survey offshore the East Coast, after dismissing a legal application by activist groups. The defeat for the activists in South…
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By YANGE IKYAA Saudi Aramco has signed five key agreements with leading French companies, with the aim to boost hydrogen transport business in the kingdom and also explore opportunities in carbon capture technology and artificial…
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By YANGE IKYAA South Africa’s Department of Forestry, Fisheries and the Environment (DFFE) has refused environmental authorization to develop the 6.5-gigawatt Nseleni Independent Floating Power Plant (NIFPP), citing environmental…
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By YANGE IKYAA A total of 82 civil society organizations (CSOs) under the aegis of Civil Society Coalition for Economic Development (CED) have hailed President Muhammadu Buhari over plans to end the subsidy regime in Nigeria. The…
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"The Commission will continue to monitor the site situation and guide the operator until the spill and its attendant problems are completely addressed" By Saidu Abubakar In fulfilment of its regulatory mandate as enshrined in the…
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By YANGE IKYAA The most anticipated event of the week, a decision from OPEC+ on whether or not it would halt its monthly oil production increase of 400,000 bpd, ended up being a bit of a “non-event,” as member countries agreed to…
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By YANGE IKYAA Transit Gas, Nigeria Limited, a subsidiary of Axxela Limited, in partnership with the Nigerian Gas Marketing Company Limited (NGMC), a subsidiary of Nigerian National Petroleum Company Limited (NNPC), has successfully…
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“Our preliminary investigations have revealed that there were no fatalities in the incident" By YANGE IKYAA The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said no life lost has been lost as a result…
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By YANGE IKYAA More quantity of premium motor spirit (PMS), which is popularly called petrol in Nigeria, is expected to arrive the country within the next 11 days, the Nigerian Ports Authority (NPA) has said. This counters…
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