The inauguration of the Nigerian National Petroleum Company Limited initiates a monumental shift in active engagement, accountability and value that is expected to reshape Nigeria’s petroleum industry, while simultaneously acting as a model for other National Oil Companies on the continent. SourceContinue Reading

Nigeria’s state-owned energy firm will now operate as a commercial entity without relying on government funding and direct controls, President Muhammadu Buhari said on Tuesday. SourceContinue Reading

GD Energy Products, a total solutions provider for the drilling, well servicing and frac pumps market, has partnered with Texas Pump Systems to develop innovative pumps for a large offshore floating production storage and offloading facility. SourceContinue Reading

Are Oil Prices Set To Rally Once Again? | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Jul 19, 2022, 11:00 AM CDT While it is always risky attempting to forecast oil prices when volatility...Continue Reading

Germany’s Chemicals Industry Risks Shutdowns Amid Gas Shortage | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 19, 2022, 10:45 AM CDT Germany’s vast chemicals industry has few options left to conserve natural gas amid uncertainty over Russian supply, with German companies risking shutdowns of...Continue Reading

Halliburton Q2 Income Surges As Global Drilling Activity Rises | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jul 19, 2022, 10:30 AM CDT Oilfield services giant Halliburton saw its adjusted net income surge 41 percent in Q2. Halliburton posted a net income of $442 million...Continue Reading

Canada Plans To Cap Emissions From Oil And Gas Sector | OilPrice.com Torkel Nyberg Torkel Nyberg is an independent trader living in Stockholm, Sweden. He focuses on developing risk reducing strategies using mechanical trading systems mainly in the swing… More Info Related News By Torkel Nyberg – Jul 19, 2022, 10:30 AM CDT Canada’s federal...Continue Reading

Libya To Resume Oil Exports After Lifting Force Majeure | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jul 19, 2022, 10:15 AM CDT Libya is set to resume crude exports from Zueitina and Sidra ports following battle for control of the NOC. As of June...Continue Reading

EU Doesn’t Expect Russia To Restart Nord Stream Flows As Planned | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jul 19, 2022, 10:00 AM CDT The European Union is bracing...Continue Reading

EU Considers Mandatory Gas Rationing | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Jul 19, 2022, 10:00 AM CDT EU commission may use emergency powers to curb gas consumption. Plan...Continue Reading