Energy

Dangote refinery increases ex-depot petrol price

The Dangote Petroleum Refinery has increased its ex-depot price of Premium Motor Spirit, fondly called petrol, to N850 per litre.…

7 months ago

Oil price drops to $66.40/barrel

Oil prices dropped on Friday, August 8, 2025, as investors expressed concern over the impact on the global economy from…

7 months ago

Adesina: 600m people lack access to electricity in Africa

The outgoing President of the African Development Bank (AfDB), Dr Akinwumi Adesina, says 600 million people lack access to electricity…

7 months ago

NNPC reduces petrol pump price in Lagos, Abuja

The Nigerian National Petroleum Company (NNPC) Limited has reduced the pump price of Premium Motor Spirit, otherwise known as petrol,…

7 months ago

Oil prices rise over U.S. demand

Oil prices rose 1% on Thursday, August 7, 2025, over signs of steady demand in the United States. Brent crude…

7 months ago

Oil prices rebound after Trump’s threats on Russian oil buyers

Oil prices increased on Wednesday, August 6, 2025, rebounding from a five-week low in the previous day after United States…

7 months ago

Again, Trump threatens harsh tariffs on India over Russian oil purchases

United States President Donald Trump has threatened India with higher tariffs over its Russian oil purchases. Trump’s threat on Monday,…

7 months ago

Oil prices drop over rising supply

Oil prices drifted lower on Tuesday, August 5, 2025, on oversupply concerns as OPEC+ moved ahead with another large output…

7 months ago

NNPC raises petrol price to N955/litre in Abuja, N915 in Lagos

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

7 months ago

Oil prices fall after OPEC+ raises oil output

Oil prices fell on Monday, August 4, 2025, after OPEC+ agreed to another large production hike in September, Brent crude…

8 months ago

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