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IEA demands lasting Iran war deal to stabilize oil market
Head of the International Energy Agency (IEA), Fatih Birol, has warned that a lasting agreement between the United States and Iran is essential to stabilize global energy supplies, as uncertainty lingers despite a temporary ceasefire. He said the recently announced…
Iran tightens grip on Hormuz, threatens vessels amid ceasefire
Tensions in the Gulf have escalated sharply as Iran moves to tighten control over the Strait of Hormuz, raising fresh concerns about global energy supplies despite a fragile ceasefire with the United States. Reports from semi-official Iranian outlets, including Islamic…
How “Ghost Murmur” technology aided US rescue mission in Iran
The United States used a previously undisclosed technology known as “Ghost Murmur” to help locate and rescue a downed airman during a high-risk operation inside Iran. According to reports, the Central Intelligence Agency deployed the system for the first time…
Local Content Funding: Players must show institutional readiness __Tony Attah
Sopuruchi Onwuka Players in the upstream petroleum industry who seek initial funding must advance propositions that demonstrate institutional readiness and commercial bankability in order to secure immediate cash, short-term equity investments and long-term capital support from the stock market. Managing…
Eni discovers 2 Tcf gas field in Egypt’s Mediterranean maters
Eni S.p.A. has announced a significant gas and condensate discovery offshore Egypt, reinforcing the Eastern Mediterranean’s position as a growing energy hub. The discovery was made at the Denise W-1 exploration well, located within the Temsah Concession about 70 kilometres…
Strait of Hormuz opens as US, Iran reach ceasefire
The United States and Iran have agreed to a conditional two-week ceasefire, allowing the resumption of shipping through the strategically vital Strait of Hormuz, in a fragile pause to weeks of escalating conflict. The agreement comes more than a month…
Shell, NNPC boost respiratory care with equipment donation to LUTH
Shell Nigeria Exploration and Production Company Limited and Nigerian National Petroleum Company Limited have strengthened Nigeria’s healthcare capacity with the donation of advanced respiratory diagnostic equipment to University of Lagos Teaching Hospital, marking a significant step toward improving pulmonary care…
Dangote refinery holds fuel prices firm amid market turbulence
Dangote Petroleum Refinery & Petrochemicals has reaffirmed its commitment to price stability, confirming that it has not increased the prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), commonly known as diesel, despite ongoing volatility in global energy…
NORS 2026 to accelerate Nigeria’s shift to refining self-sufficiency
The Crude Oil Refinery Owners Association of Nigeria (CORAN) has officially announced the Nigeria Oil Refining Summit (NORS) 2026, scheduled to take place on 28–29 September 2026 at Eko Hotels & Suites. Now in its third edition, the summit continues…
How a Mossad intelligence decided signaled Iran attack
Just before 11 a.m. on February 11, a black SUV carrying Israeli Prime Minister Benjamin Netanyahu arrived at the White House. He entered a conference room adjacent to the Oval Office, avoiding journalists’ eyes. U.S. and Israeli officials were gathered…
