Energy

FG debunks power sector subsidy removal, assures Nigerians stable electricity

The Federal Government says it has not removed the subsidy on electricity in Nigeria, contrary to public speculation. The Minister…

3 hours ago

Oil prices fall as supply improves despite stalled US-Iran talks

Oil prices fell on Friday, July 31, 2026, as more supplies flowed through crucial maritime chokepoints, ‌despite a lack of…

10 hours ago

Oil price slips below $90 as investors weigh Gulf crude supply

Oil prices retreated on Thursday, July 30, 2026, after a sharp rally in the previous session, as traders assessed the…

1 day ago

Oil prices rise as US-Iran conflict escalates after Iraq strikes

Oil prices were up ​nearly $3 a barrel on Wednesday, July 29, 2026, after joint strikes in Iraq by the…

2 days ago

Axxela connects Sheraton, Radisson Blu, others to gas network to boost distribution

Axxela Limited, a leading gas and power company in sub-Saharan Africa, has successfully onboarded new customers to its vast natural…

3 days ago

Oil prices slip to one-week low as Trump confirms fresh US-Iran peace talks

Oil prices fell for a second straight session on Tuesday, July 28, 2026, hovering around one-week lows after United States…

3 days ago

Oil prices tumble after US, Iran suspend two-week attacks

Oil prices fell more than 6% on Monday, July 27, 2026, after the United States and Iran paused strikes over…

4 days ago

FG denies planned electricity tariff hike, reaffirms subsidy for vulnerable consumers

The Federal Government has dismissed reports suggesting it plans to increase electricity tariffs for consumers, insisting there is no proposal…

5 days ago

Oil prices rise above $100 as supply concerns deepen over Middle East war

Oil prices rose above $100 per barrel on Friday while heading for their fourth week of ‌gains, driven by concerns…

1 week ago

Escalating Middle East conflict pushes oil prices to 6-week high

Oil prices surged on Thursday, July 23, 2026, extending their rally for a fifth straight session as renewed military tensions…

1 week ago

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