Energy

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

Boost for national grid as Egbin Power plant restores 433MW generation after maintenance

Egbin Power Plc has resumed electricity generation with an output of 433 megawatts (MW) following the completion of maintenance works…

4 months ago

Oil prices fall as Trump heads to China

Oil prices fell on Wednesday, May 13, 2026, snapping a three-day rally as investors awaited developments around the fragile Middle…

4 months ago

Oil prices rise as fragile US-Iran talks sustain supply concerns

Oil prices rose nearly 1% on Tuesday, May 12, 2026, as talks ‌to end the United States-Israeli war on Iran…

4 months ago

Oil prices rise after Trump rejects Iran’s response to US peace proposal

Oil prices rallied on Monday, May 11, 2026, a day after United States President Donald Trump said Iran's response to…

4 months ago

Oil prices soar over US-Iran clashes

Oil prices rose about 1% on Friday, May 8, 2026, ​after renewed fighting broke out between the United States and…

4 months ago

Oil prices rise as investors weigh Middle East peace deal prospects

Oil prices ​rose over $1 on Thursday, May 7, 2026, as investors weighed the prospects of a ‌Middle East peace…

4 months ago

Oil prices drop below $100 after reports US, Iran close to ending war

Oil prices plunged on Wednesday afternoon after news broke that the United States and Iran were nearing an initial peace…

4 months ago

Again, Dangote refinery raises petrol price to N1,350/litre

Dangote refinery has increased its ex-depot price of Premium Motor Spirit, otherwise known as petrol, to N1,350 per litre, up…

4 months ago

Dangote, other refineries get below half of allocated crude oil in Q1 2026 ― NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that it allocated 61.9 million barrels of crude oil to domestic…

4 months ago

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