Skip to content
Shell puts $750m cost to Iran’s attack on Qatar’s Pearl GTL plant
Fred Ike Shell is facing an estimated $750 million hit to revenues following Iran’s attack on its Pearl gas-to-liquids facility in Qatar, adding to the wider disruption across the country’s energy sector. The Pearl GTL plant, located within Ras Laffan…
QatarEnergy, ExonMobil count over $28bn losses on Iran strikes
Sopuruchi Onwuka Estimated cost and income losses from Iran’s strikes on Qatar’s gas infrastructure have climbed to about $28.57 billion, as QatarEnergy and ExxonMobil assess the damage to key liquefied natural gas facilities. The attacks on 18 and 19 March…
NUPRC commissions investigation into Bille gas burbles
Sopuruchi Onwuka The Nigerian Upstream Petroleum Regulatory Commission has set up a technical committee to investigate the cause of gas seepage in Bille community in Rivers State, following reports of persistent gas bubbling in the coastal area. In a statement…
Iran shops mediators to end war with US, Israel
Ziggy Ojiegbe Masoud Pezeshkian has called on the BRICS group to intervene and mediate a ceasefire in the escalating conflict involving the United States and Israel, urging what he described as an independent effort to halt ongoing hostilities and prevent…
LNG Force Majeure! How Iran exports war pains across global economies
Sopuruchi Onwuka Iran’s missile strikes on Qatar’s gas infrastructure have delivered a systemic shock to global energy markets, exposing the vulnerability of domestic economies to external supply disruptions and triggering a renewed economic squeeze worldwide. The attacks, launched on March…
Energy prices surge after Iran’s strike at Qatar LNG sparks regional outrage
Benchmark Brent crude touches $119/bbl Sopuruchi Onwuka, with agency reports Global energy markets jolted on Thursday after Iran struck Qatar’s Ras Laffan LNG facility, threatening 20 percent of global LNG supply, triggering sharp rises in oil and gas prices and…
NUPRC moves shortlisted bidders to data phase in 2025 licensing round
Sopuruchi Onwuka Data access centers have now been opened to pre-qualified bidders in Nigeria’s 2025 oil and gas licensing round, marking the transition into a more technical phase of the process. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) confirmed that,…
UN says renewables guarantee security amid global energy shocks
Ziggy Ojiegbe The conflict in the Middle East is driving up global oil and gas prices, underscoring the strategic value of renewable energy, the UN’s top climate change official warned on Monday. Speaking at the 2026 Green Growth Summit in…
Iran suffers heavy blows but inflicts global economic pain
Ziggy Ojiegbe The Institute for the Study of War has declared that the US and Israeli military campaigns on Iran are right on target when it comes to firepower and core objectives to degrade Tehran’s military capabilities. The institute however…
Shell delivers Bonga FPSO maintenance with 80% Nigerian capacity
Sopuruchi Onwuka Shell is beating its chest with cumulative 80% Nigerian Content performance in the turnaround maintenance of Nigeria’s first large scale floater that has pumped oil from deepwater Bonga Main field since 2005. Local affiliate, Shell Nigeria Exploration and…
