Energy

Yuletide: Dangote refinery reduces petrol price to N699

Dangote Refinery has slashed its ex-depot petrol price to N699 per litre, down from N828, in a move aimed at…

3 days ago

Oil prices near 2-week high as investors eye US interest rate cut

Oil prices hovered at a two-week high on Monday, December 8, 2025, as investors expect a likely United States Federal…

7 days ago

Chevron joins Nigeria oil licence auction, plans rig deployment in 2026

Chevron has announced it will participate in Nigeria’s next oil licensing round and plans to deploy a drilling rig in…

1 week ago

‘There’ll be no queues’: Dangote assures of stable fuel supply ahead of Christmas

The President of Dangote Group, Aliko Dangote, ‎says the era of fuel queues during yuletide is gone, assuring that increased…

1 week ago

Chevron’s Gorgon LNG secures $2bn investment nod

The Australian unit of United States oil giant Chevron said on Friday that the partners of the Gorgon Joint Venture…

1 week ago

FG approves $128m gas debt payment to boost power supply

The Federal Government has approved the payment of N185 billion ($128 million) to settle longstanding debts owed to gas suppliers…

1 week ago

Oil prices steady at $63.24/barrel

Oil prices held firm on Tuesday, December 2, 2025, as traders weighed up risks from Ukrainian drone strikes on Russian…

2 weeks ago

Oil prices rise over OPEC+ output plan

Oil prices rose on Monday, December 1, 2025, after OPEC+ members reaffirmed a plan to hold output steady. Brent crude…

2 weeks ago

Oil prices rise after hitting one-month low

Oil prices increased on Wednesday, November 26, 2025, after sliding to a one-month low in the previous session. Brent crude…

3 weeks ago

Oil prices drop amid Ukraine peace talks

Oil prices took a breather on Monday, November 24, 2025, as investors weighed the chances for a United States rate…

3 weeks ago

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