Saturday, April 18, 2026
Australia considers emergency powers to protect domestic gas supply- oil and gas 360

Australia considers emergency powers to protect domestic gas supply

(Oil Price) – Australia’s government intends to consider using emergency powers to protect domestic natural gas supply in case of a shortfall on its east coast in the third quarter of 2026. The potential consideration of using such powers would be part of the steps the Albanese Government is taking to secure domestic gas supplies for Australian households and industry as the Middle

Nigeria eyes 1.7 billion barrels in new oil supply- oil and gas 360

Nigeria eyes 1.7 billion barrels in new oil supply

(Oil Price)– Nigeria could tap 1.7 billion barrels in new oil supply as well as 7.7 trillion cu ft of natural gas after the approval of 43 field development plans this year. The figures were reported by the chief executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, as quoted by Nigerian media. The executive added that the field plans involved