Energy

Malabu Oil sues FG over OPL 245 split, demands N1trn damages

Malabu Oil & Gas Limited has filed a N1 trillion suit against the Federal Government over the splitting of the…

4 months ago

Oil prices rise as US military resumes attacks on Iran

Oil prices rose more than 2% on Tuesday after the United States military carried ‌out strikes in Iran, keeping markets…

4 months ago

Time to reset the Amukpe-Escravos Pipeline sale process, By Mohammed Abubakar

By MOHAMMED ABUBAKAR A respected voice has finally said the quiet part out loud. No more dancing around it. No…

4 months ago

Oil prices slip as US, Iran move closer to peace deal

Oil prices fell 6% ​to two-week lows on Monday, May 25, 2026, as optimism grew that the United States and…

4 months ago

Oil prices soar as investors doubt breakthrough in US-Iran peace talks

Oil prices climbed on Friday, May 22, 2026, but were on track for a ‌weekly loss as investors doubted the…

4 months ago

Oil prices rise amid uncertainty over Iran peace talks

Oil prices extended gain on Thursday, May 21, 2026, as investors monitored peace talks between the United States and Iran…

4 months ago

Oil prices fall as Trump vows quick end to Iran war

Oil prices were down about 1% on Wednesday, May 20, 2026, after United States President Donald ​Trump again asserted the…

4 months ago

Oil prices drop as Trump pushes Iran peace talks

Oil prices fell 2% on Tuesday, May 19, 2026, after United States President Donald Trump said he had paused a…

4 months ago

Oil prices soar as Trump signals growing frustration with Iran

Oil prices gained more than 1% on Friday, May 15, 2026, after United States President Donald Trump said he would…

4 months ago

Trump-Xi meeting sparks fresh rise in oil prices

Oil prices rose on Thursday, May 14, 2026, with markets focusing on the high-stakes meeting between United States President Donald…

4 months ago

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