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Oil Carriers Linked to Japan Return to MidEast

Oil tankers with links to Japan appear to be picking up Middle East cargoes directly in the region once again, a tentative but significant...

2002-built jack-up comes to Asian yard for MOPU conversion ahead of gas field deployment

Singapore-headquartered natural gas player Conrad Asia Energy is breathing new life into an aging offshore asset, with the arrival of a 2002-built jack-up rig at...

Inter-array cable installation about to start at 2.9 GW UK offshore wind farm

Seaway7 is expected to start installing inter-array cables at the Hornsea 3 offshore wind farm site in the UK in the coming days. According to...

FG rules out electricity tariff hike, capitalises on N1.23tr bond for debt

blocks N120bn annual revenue losses …It is difficult to fix a 50-year problem in 24 hours – Minister The Federal Government has ruled out an immediate...

AG Mortgage Bank appoints Ogbuehi as company secretary

AG Mortgage Bank Plc has appointed Chieduzie Ogbuehi as its substantive company secretary, effective September 24, 2026. The firm stated in a statement on Monday...

Power plants record zero output amid grid instability

At least three power plants generated no electricity in September as Nigeria’s national grid continued to record frequency and voltage breaches, according to the...

Dangote refinery IPO attracts fourfold subscriptions, offer extended

Dangote Petroleum Refinery’s public offer has reportedly attracted subscriptions several times above its original fundraising target, with a fourfold subscription of the N2.15tn offer...

Nigeria’s daily oil production peaks at 1.84m barrels in September – NUPRC

Nigeria sustained crude oil production above its Organisation of the Petroleum Exporting Countries quota for the fifth consecutive month in September, with daily crude...

BW Energy locks down multimillion-dollar financing for offshore platform and production growth

As it marches toward a production target of 100,000 barrels per day, Oslo-listed oil and gas exploration and production (E&P) player BW Energy has...

Equinor to feed Dutch grid with low-emission Norwegian gas through 2031

Norway’s energy giant Equinor and the Netherlands-based energy company Eneco have sealed a long-term, 9 TWh annual natural gas supply deal that brings low-emission...

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