Again, Iran Closes Strait of Hormuz After U.S. Renewed Strikes
Iran has declared the complete closure of the Strait of Hormuz, warning that any vessel attempting passage will be targeted, following fresh U.S. military strikes.
The announcement came from Iran’s Khatam al-Anbiya military command, which said...
‎Saudi Arabia and global markets are entering a new phase of economic uncertainty as the ongoing crisis involving Iran sends shockwaves through the world’s energy markets, trading floors and supply chains. Analysts warn the disruption could mark one of the most significant tests of global oil stability in years.
PENGASSAN Slams Tinubu's Oil Revenue Executive Order
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Thursday rejected President Bola Tinubu’s newly signed Executive Order mandating the direct remittance of oil and gas revenues to the Federation Account, describing the directive as...
FG Begins Mapping Disputed Oil, Gas Wells to Resolve Ownership Claims
The Federal Government has commenced the plotting of coordinates for disputed and newly drilled oil and gas wells as part of efforts to resolve long-standing ownership claims and ensure accurate attribution of petroleum assets...
