Energy

N2.2bn Fraud: Ex-PDP National Chairman’s son, partner to spend 14 years in prison

Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Tuesday, May 27, 2025, convicted and sentenced…

8 months ago

Oil prices rise over OPEC+ output hike

Oil prices were little changed on Tuesday, May 27, 2025, on increasing expectations members of the Organisation of Petroleum Exporting…

8 months ago

Oil prices rise after Trump extends EU trade talks deadline

Oil prices gained on Monday, May 26, 2025, after United States President Donald Trump extended a deadline for trade talks…

8 months ago

NAF airstrikes destroy 100 illegal refineries

The Nigerian Air Force (NAF) says the Air Component of Operation Delta Safe has between January and May, 2025, destroyed…

8 months ago

NNPC shuts down Port Harcourt refinery

The Nigerian National Petroleum Company (NNPC) Limited has announced the closure of the Port Harcourt Refining Company (PHRC). The NNPC…

8 months ago

Oil prices drop amid OPEC+ supply hike

Oil prices dropped for a fourth consecutive session on Friday, May 23, 2025, and were set for their first weekly…

8 months ago

Tinubu to NNPC board: Explore all options for Nigeria’s development

President Bola Tinubu has urged the new Nigerian National Petroleum Company (NNPC) Limited board to consolidate the gains of the…

8 months ago

Dangote refinery reduces petrol price by N15 across Nigeria

Dangote Petroleum Refinery and Petrochemicals has announced another reduction of N15 in the price of its Premium Motor Spirit (PMS),…

8 months ago

Oil prices fall over OPEC+ output hike

Oil prices dropped by more than 1% on Thursday, May 22, 2025, following a report that OPEC+ is discussing a…

8 months ago

Dangote refinery partners U.S. firm Vinmar on polypropylene export

Dangote Petroleum Refinery and Petrochemicals has announced a partnership with Premier Product Marketing, a Vinmar company, to bring Dangote polypropylene…

8 months ago

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