Energy

Oil prices rise despite US sanctions waiver on Russian oil

Oil prices increased on Friday, March 13, 2026, despite the United States trying to ease supply concerns by issuing a…

3 days ago

NNPC slashes petrol price in Lagos, Abuja

The Nigerian National Petroleum Company (NNPC) Limited has reduced the pump price of Premium Motor Spirit, fondly called petrol, at…

4 days ago

Oil prices rise after Iran hit vessels in Strait of Hormuz

Oil prices roared 9% past $100 a barrel on Thursday, March 12, 2026, as fresh attacks on ships in the…

4 days ago

Oil prices rebound as markets weigh IEA reserves release

Oil prices rebounded on Wednesday, March 11, 2026, as markets doubted whether the International Energy Agency's reported plan for a…

5 days ago

Dangote refinery reduces petrol, diesel prices

Dangote Petroleum Refinery and Petrochemicals has reduced the gantry prices of Premium Motor Spirit (PMS), fondly called petrol, and Automotive…

5 days ago

Oil prices fall as Trump predicts de-escalation of US-Israel war on Iran

Oil prices fell on Tuesday, March 10, 2026, after hitting an over three-year high in ‌the prior session as United…

6 days ago

Oil price soars 25%, hits highest level in four years

Oil prices surged around 25% on Monday, March 9, 2026, to their highest since mid-2022, as an escalating Iran war…

7 days ago

IBEDC blames gas shortage, apologises for unstable power supply

The Ibadan Electricity Distribution Company (IBEDC) has apologised for the inconvenience caused by ongoing power supply challenges across its franchise.…

1 week ago

Oil prices drop, set for steepest weekly gain

Crude oil headed for ​the sharpest weekly gain since Russia launched its full-scale invasion of Ukraine in February 2022, ‌even…

1 week ago

Gas constraints reduce electricity generation to 3,940MW

The Nigerian Independent System Operator (NISO) has attributed the continued decline in electricity generation on the national grid to the…

1 week ago

This website uses cookies.